MARKET REPORT JANUARY - MAY
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1 WEICHERT SOUTH FLORIDA REAL ESTATE 2014 MARKET REPORT JANUARY - MAY Dade: Broward: Palm Beach:
2 PINECREST EDGEWATER - MIAMI MIAMI BEACH BRICKELL COCONUT GROVE CORAL GABLES JAN - MAY 2013 vs. JAN - MAY 2014 REPORT
3 PINECREST $300 $250 $200 $150 $ $122,000,000 $120,000,000 $118,000,000 $116,000,000 $114,000,000 $112,000,000 $110,000,000 $108,000,000 $106,000,000 $104,000,000 $102,000,000 $50 $0 EDGEWATER - MIAMI DESIGN DISTRICT $400 $350 $300 $250 $200 $150 $100 $50 $ $94,000,000 $92,000,000 $90,000,000 $88,000,000 $86,000,000 $84,000,000 $82,000,000 $80,000,000
4 MIAMI BEACH $540 $520 $500 $480 $1,100,000,000 $1,080,000,000 $1,060,000,000 $1,040,000,000 $1,020,000,000 $1,000,000,000 $980,000,000 $960,000,000 $940,000,000 $460 $440 $420 $400
5 BRICKELL COCONUT GROVE CORAL GABLES $410 $400 $390 $380 $370 $360 $350 $340 $330 $370 $360 $350 $340 $330 $320 $310 $300 $290 $350 $340 $330 $320 $310 $300 $290 $280 $ $295,000,000 $294,000,000 $293,000,000 $292,000,000 $291,000,000 $290,000,000 $289,000,000 $288,000,000 $287,000,000 $286,000,000 $285,000,000 $106,000,000 $104,000,000 $102,000,000 $100,000,000 $98,000,000 $96,000,000 $94,000,000 $325,000,000 $320,000,000 $315,000,000 $310,000,000 $305,000,000 $300,000,000 $295,000,000 $290,000,000 $285,000,000
6 AVENTURA HALLANDALE SUNNY ISLES JAN - MAY 2013 vs. JAN - MAY 2014 REPORT
7 AVENTURA ONE STOP SHOP UNDER ONE ROOF $256 $255 $254 $253 Best Beach Title provides you with the most comprehensive title insurance processing and coverage, while offering the finest bi-lingual customer support available in the industry today. We understand the customer's need for experienced and dedicated professionals in this ever-changing title insurance industry. We have teamed up with only the best real estate attorneys and title insurance underwriters to make sure that your client s, and/or your, investment is well protected. $252 $251 $250 Best Beach Lending has one of the widest selections of Mortgage Products to help our clients get the right financing in place. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So our commitment to you is that we will help you apply, qualify, and be approved for the right mortgage loan for you. 640 $265,000, $260,000, $255,000, $250,000, $245,000, $240,000, $235,000, $230,000,000 MIAMI DADE: BROWARD: PALM BEACH: Best Beach Property Management is one of the most recognized property management companies in Florida with over 15 years of experience in the business. Our services are based on providing our clients with the highest levels of professionalism, integrity, accountability and quality customer service to guarantee the maximum return on your investment; while maintaining your property at the highest standards to attract the best possible tenants.
8 HALLANDALE $172 $170 $168 $166 $164 $162 $160 $158 $156 $154 $ $140,000,000 $120,000,000 $100,000,000 $80,000,000 $60,000,000 $40,000,000 $20,000,000 $0 SUNNY ISLES $410 $400 $390 $380 $ $290,000,000 $280,000,000 $270,000,000 $260,000,000 $250,000,000 $240,000,000 $230,000,000 $220,000,000 $360 $350
9 FORT LAUDERDALE OAKLAND PARK WILTON MANORS HOLLYWOOD JAN - MAY 2013 vs. JAN - MAY 2014 REPORT
10 FORT LAUDERDALE $720,000,000 $715,000,000 $710,000,000 $705,000,000 $700,000,000 $695,000,000 $690,000,000 $685,000,000 $680,000,000 $225 $220 $215 $210 $205 $200 $195 $190 $185 $180
11 WILTON MANORS $185 $180 $175 $170 $ $50,000,000 $48,000,000 $46,000,000 $44,000,000 $42,000,000 $40,000,000 $38,000,000 $36,000,000 $160 $155 OAKLAND PARK $120 $115 $110 $105 $100 $ $43,400,000 $43,200,000 $43,000,000 $42,800,000 $42,600,000 $42,400,000 $42,200,000 $42,000,000 $41,800,000 $90 $85
12 WESTON PEMBROKE PINES MIRAMAR JAN - MAY 2013 vs. JAN - MAY 2014 REPORT
13 WESTON $185 $180 $175 $170 $165 $160 $155 $150 $145 $140 $202,000,000 $200,000,000 $198,000,000 $196,000,000 $194,000,000 $192,000,000 $190,000,000 THE WEICHERT FOOTPRINT Affiliated with the largest privately Owned Real Estate Company in the U.S. (Weichert, Realtors). Weichert-Best Beach is the second largest Weichert, Realtors Franchise Nationwide. Member of Florida Association of Realtors (FAR). Member of National Association of Realtors (NAR). Member of MIAMI Realtors. Member Realtor Association of Greater Fort Lauderdale. Member Realtor Association of the Palm Beaches. Eight Offices covering the entire Miami-Dade, Broward and Palm Beach area. Over 400 Realtor Associates. REO Division. Lending Division (Best Beach Lending). Title Division (Best Beach Title). Short Sale Division. Property Management. New Homes Division. Relocation/Corporate Homes Division. MIAMI DADE: BROWARD: PALM BEACH:
14 PEMBROKE PINES $120 $115 $110 $105 $100 $ $235,000,000 $230,000,000 $225,000,000 $220,000,000 $215,000,000 $210,000,000 $205,000,000 $200,000,000 $195,000,000 $90 MIRAMAR $120 $100 $80 $60 $40 $ $158,000,000 $157,000,000 $156,000,000 $155,000,000 $154,000,000 $153,000,000 $152,000,000 $0
15 BOCA RATON DELRAY BEACH BOYNTON BEACH JAN - MAY 2013 vs. JAN - MAY 2014 REPORT
16 BOCA RATON $134 $ $132 $131 $130 $850,000,000 $840,000,000 $830,000,000 $129 $820,000,000 $810,000,000 $128 $800,000,000 $790,000,000
17 DELRAY BEACH $112 $110 $108 $106 $104 $102 $100 $98 $96 $ $410,000,000 $405,000,000 $400,000,000 $395,000,000 $390,000,000 $385,000,000 $380,000,000 $375,000,000 $370,000,000 BOYNTON BEACH $93 $93 $92 $92 $91 $91 $90 $90 $89 $ $320,000,000 $319,500,000 $319,000,000 $318,500,000 $318,000,000 $317,500,000 $317,000,000 $316,500,000 $316,000,000 $315,500,000 Data Source: Miami MLS Weichert,Realtors-Best Beach ALL RIGHTS RESERVED
18 RESPONDING TO YOUR NEEDS marketing campaign Nationwide coverage. International marketing campaign to over 55,000 Realtors. Direct marketing Reaching over 1,000,000 local and national buyers. Print media Tailored print media through OUR COVERAGE. Lead management Recording each lead as a potential prospect. Progress reports Updated periodic sales reports. Immediate response to leads and prospects Award winning internet strategy Weichert-Best Beach referral network Targeting our extensive database of clients, investors and circle of influence. Weichert-Best Beach Broker to Broker Marketing On going and print marketing to Brokers and Realtors. MARKETING Weichert.com s unique strategy gives online shoppers the immediate attention they expect: Other real estate companies often make customers wait up to 24 hours or more, but we respond in minutes Buyers visiting weichert.com can fill out a webform or call our toll-free number for more information about your home. Our Contact Center is open 7 days a week from 9am to 9pm and responds immediately with personal attention. The connection is made directly to the cell phone of a local Weichert Sales Associate. The Sales Associate will respond to the buyer s questions and quickly arrange an appointment to visit your home. Weichert s award-winning approach to capturing internet shoppers is uniquely successful. Our aggressive search engine strategy sends millions of online shoppers to weichert.com, one of the country s most visited real estate broker websites. Our site averages over 3 million visits every month, as well as 700,000 additional visits to our mobile website*.
19 Founded in 1996, Best Beach Real Estate has shown consistent and steady growth offering real estate services in South Florida. There is no great secret as to why we are the best; it is our teamwork that gives us the edge in a business where few companies understand that it is not an individual providing a service, but an entire team! Our mission is to build happiness by providing our colleagues and clients with the most extraordinary service in the industry. We bring EXPERTISE Weichert Sales Associates are generally acknowledged to be the best trained in the industry. In these complicated times, our detailed knowledge of real estate and our local market enables us to offer you useful tips, sound advice, and a marketing plan customized to sell your home. We bring GUIDANCE The process of selling a home is complex and so is buying and financing a new one. Our experience with Weichert s outstanding Open House program and unique pricing method are just two reasons you can depend on us to help you navigate your way through negotiations right up to inspections and We bring UNDERSTANDING We promise to get to know you and the way you think so we can help thoroughly understand your real estate needs and desires. We believe that a helpful, friendly attitude forms the basis of our strong relationships with my clients. We bring CONNECTIVITY Weichert, Realtors excels at the use of the Internet to facilitate the buying and selling of homes. Our unique Internet marketing strategy and especially the success of our own site, Weichert.com, continue to set us apart from the competition. We bring RESOURCES Weichert brings together all the real estate-related services you need to make your life easier. For instance, there s a mortgage expert on my team, our Gold Services partner, who can assist you in understanding your financing options. OUR OFFICES MIDTOWN MIAMI 3933 Biscayne Blvd. Miami, FL MIAMI BEACH 7145 Collins Ave. Miami Beach, FL SUNNY ISLES Collins Ave. Sunny Isles, FL PINECREST 9069 South Dixie Hwy. Pinecrest, FL PEMBROKE PINES Pines Blvd. Pembroke Pines, FL FT. LAUDERDALE 3045 N Federal Hwy. Ft. Lauderdale, FL WESTON 2214 Weston Rd. Weston, FL BOCA RATON 1928 NE 5th Ave. Boca Raton, FL Call us today for all your Real Estate needs! MIAMI DADE: BROWARD: PALM BEACH:
20 OUR PASSION: BUILDING HAPPINESS THROUGH EXTRAORDINARY SERVICE! We believe that the principles by which we operate and the culture that we live by results in providing our ASSOCIATES & CLIENTS with the most extraordinary service in the industry! OUR CORE VALUES We are in the business of extraordinary customer SERVICE, and REAL ESTATE is just our method of providing it.
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