{"id":105115,"date":"2016-11-21T17:55:58","date_gmt":"2016-11-21T21:55:58","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=88109"},"modified":"2016-11-21T17:55:58","modified_gmt":"2016-11-21T21:55:58","slug":"palmetto-bay-real-estate-3rd-quarter-2016-market","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/","title":{"rendered":"Palmetto Bay Real Estate: 3rd Quarter 2016 Market"},"content":{"rendered":"

\"Luxury<\/a><\/p>\n

\n

As a realtor, I am constantly asked for my thoughts and hunches about the Miami market, so I like to analyze the various local areas in which I have buyers and\/or listings. Right now I am carrying a few houses in Palmetto Bay<\/a>, so I took a look at what is going on in that neighborhood.<\/p>\n

In looking for an overall trend, sometimes it is best to take a big-picture approach, so I recently looked back at the past 5 years of market activity in houses between $900,000-$1,250,000, located in Palmetto Bay on dry lots, between 4 and 6 bedrooms, with no financial distress. In comparing the third quarter of 2013 to the third quarter of this year, inventory is up by 50%. Sales appear to be up by 200% in 2016 versus 2013, but that is misleading because the difference is truly just 1 or 2 closed sales, which is not that dramatic difference that 200% would lead you to believe!<\/p>\n

The average sale price per square foot has gone up by almost $100\/SF since 2013, which is a plus for Palmetto Bay sellers; however, the average time that a home sits on the market has increased by 75% as compared to 3 years ago. Therefore it certainly behooves a seller in this (and any!) neighborhood to price their home realistically instead of risking an overly long time on the market.<\/p>\n

The long and short of it is that Palmetto Bay<\/a> is a lovely community where people want to live, but with the abundance of inventory as compared to the same time period 3 years ago, buyers can afford to be picky. See my notes and charts on the current Palmetto Bay Real Estate trends.<\/a><\/p>\n<\/div>\n

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate<\/a><\/div>\n

\"Luxury<\/p>\n

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you\u2019re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.<\/em><\/p>\n

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables<\/a>, Coconut Grove<\/a>, Pinecrest<\/a> and South Miami<\/a> \u2014 specializing in luxury real estate and waterfront properties. Call me today and let\u2019s get started!<\/em><\/p>\n

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email<\/a> and website<\/a>}. EWM Realtors.<\/p>\n","protected":false},"excerpt":{"rendered":"

As a realtor, I am constantly asked for my thoughts and hunches about the Miami market, so I like to analyze the various local areas in which I have buyers and\/or listings. Right now I am carrying a few houses in Palmetto Bay, so I took a look at what is going on in that<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":5385,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[12269],"tags":[],"yoast_head":"\nPalmetto Bay Real Estate: 3rd Quarter 2016 Market - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palmetto Bay Real Estate: 3rd Quarter 2016 Market - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"As a realtor, I am constantly asked for my thoughts and hunches about the Miami market, so I like to analyze the various local areas in which I have buyers and\/or listings. Right now I am carrying a few houses in Palmetto Bay, so I took a look at what is going on in thatRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-21T21:55:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ashley Brinson Cusack\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ashley Brinson Cusack\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/\"},\"author\":{\"name\":\"Ashley Brinson Cusack\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/0f8368ed2c45044ccb60b647e9ea6fca\"},\"headline\":\"Palmetto Bay Real Estate: 3rd Quarter 2016 Market\",\"datePublished\":\"2016-11-21T21:55:58+00:00\",\"dateModified\":\"2016-11-21T21:55:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/\"},\"wordCount\":410,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"articleSection\":[\"In The News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/\",\"name\":\"Palmetto Bay Real Estate: 3rd Quarter 2016 Market - BHHS EWM Realty\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#website\"},\"datePublished\":\"2016-11-21T21:55:58+00:00\",\"dateModified\":\"2016-11-21T21:55:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ewmrealestate.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Palmetto Bay Real Estate: 3rd Quarter 2016 Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#website\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/\",\"name\":\"BHHS EWM Realty\",\"description\":\"Blog\",\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ewmrealestate.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\",\"name\":\"BHHS EWM Realty\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png\",\"contentUrl\":\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png\",\"width\":1804,\"height\":345,\"caption\":\"BHHS EWM Realty\"},\"image\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/instagram.com\/ewmrealty\/\",\"https:\/\/www.facebook.com\/EWMRealtyInternational\",\"https:\/\/twitter.com\/ewmrealty\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/0f8368ed2c45044ccb60b647e9ea6fca\",\"name\":\"Ashley Brinson Cusack\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9e8fe47ca2fa14a3a516cb2b5254a7af?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9e8fe47ca2fa14a3a516cb2b5254a7af?s=96&d=mm&r=g\",\"caption\":\"Ashley Brinson Cusack\"},\"url\":\"https:\/\/ewmrealestate.com\/blog\/author\/0578555\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Palmetto Bay Real Estate: 3rd Quarter 2016 Market - BHHS EWM Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/","og_locale":"en_US","og_type":"article","og_title":"Palmetto Bay Real Estate: 3rd Quarter 2016 Market - BHHS EWM Realty","og_description":"As a realtor, I am constantly asked for my thoughts and hunches about the Miami market, so I like to analyze the various local areas in which I have buyers and\/or listings. Right now I am carrying a few houses in Palmetto Bay, so I took a look at what is going on in thatRead More","og_url":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/","og_site_name":"BHHS EWM Realty","article_publisher":"https:\/\/www.facebook.com\/EWMRealtyInternational","article_published_time":"2016-11-21T21:55:58+00:00","og_image":[{"width":376,"height":376,"url":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg","type":"image\/jpeg"}],"author":"Ashley Brinson Cusack","twitter_misc":{"Written by":"Ashley Brinson Cusack","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/#article","isPartOf":{"@id":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/"},"author":{"name":"Ashley Brinson Cusack","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/0f8368ed2c45044ccb60b647e9ea6fca"},"headline":"Palmetto Bay Real Estate: 3rd Quarter 2016 Market","datePublished":"2016-11-21T21:55:58+00:00","dateModified":"2016-11-21T21:55:58+00:00","mainEntityOfPage":{"@id":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/"},"wordCount":410,"publisher":{"@id":"https:\/\/ewmrealestate.com\/blog\/#organization"},"articleSection":["In The News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/","url":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/","name":"Palmetto Bay Real Estate: 3rd Quarter 2016 Market - BHHS EWM Realty","isPartOf":{"@id":"https:\/\/ewmrealestate.com\/blog\/#website"},"datePublished":"2016-11-21T21:55:58+00:00","dateModified":"2016-11-21T21:55:58+00:00","breadcrumb":{"@id":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ewmrealestate.com\/blog\/palmetto-bay-real-estate-3rd-quarter-2016-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ewmrealestate.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Palmetto Bay Real Estate: 3rd Quarter 2016 Market"}]},{"@type":"WebSite","@id":"https:\/\/ewmrealestate.com\/blog\/#website","url":"https:\/\/ewmrealestate.com\/blog\/","name":"BHHS EWM Realty","description":"Blog","publisher":{"@id":"https:\/\/ewmrealestate.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ewmrealestate.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ewmrealestate.com\/blog\/#organization","name":"BHHS EWM Realty","url":"https:\/\/ewmrealestate.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png","contentUrl":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png","width":1804,"height":345,"caption":"BHHS EWM Realty"},"image":{"@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/instagram.com\/ewmrealty\/","https:\/\/www.facebook.com\/EWMRealtyInternational","https:\/\/twitter.com\/ewmrealty"]},{"@type":"Person","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/0f8368ed2c45044ccb60b647e9ea6fca","name":"Ashley Brinson Cusack","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9e8fe47ca2fa14a3a516cb2b5254a7af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9e8fe47ca2fa14a3a516cb2b5254a7af?s=96&d=mm&r=g","caption":"Ashley Brinson Cusack"},"url":"https:\/\/ewmrealestate.com\/blog\/author\/0578555\/"}]}},"_links":{"self":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/105115"}],"collection":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/users\/5385"}],"replies":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=105115"}],"version-history":[{"count":0,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/105115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/media\/130092"}],"wp:attachment":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=105115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=105115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=105115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}