Low Inventory In The Cloisters, Coconut Grove
With only 3 villas currently on the market in The Cloisters, the supply is the lowest I have seen in a very long time. There have been 3 sales so far this year and it is possible that all of the inventory could be gone by the end of 2011 if nothing new comes on the market. The most recent sale in The Cloisters occurred back in June; it was a beautiful bay-front unit which went for $2,600,000 (sold by Avatar).
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in selling your home I would be happy to give you a no pressure home valuation. Call me on my cell at 305.342.1623 or send me a message here.
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