Newsletter | December
Hi everyone!
Can’t believe we’re already at the end of the year! I hope you enjoyed the holidays, you’re reflecting on a great amazing 2022 with many blessings & lessons and you’re looking forward to a fresh new 2023! Here is my last newsletter for the year with the latest updates!
Market Report
-
We are coming off a historic market boom defined by incredible demand and a lack of inventory, with the market now transitioning to more typical activity levels. Buyer demand remained robust compare to many other high-growth regions in the US, as heads keep turning to Florida’s East Coast for immediate relocation and long-term investments.
-
Inventory went up 4% in November for both single family homes & condos.
-
Single family Home sales dropped 19% in November and Condo sales dropped 13% due to a lack of inventory and rising mortgage rates.
-
Average days on the market increased by 11%, yet 15% of the single family homes still sold above listing price, which was 33% in October. For condos this was 13% versus 19%.
-
Median price was slightly down from last month, but still up 9% the same time last year.
Read the Full Q4 Market Report 2022 report
In the Media
Excited to share with you my interviews in the South Florida Agent Magazine and Inman! You can check them out in the links below!
SOUTH FLORIDA AGENT MAGAZINE
Miami | News
|
Featured Listing | Grand Bay 1011
Thanks everyone for showing up to my Art Basel Aftermath Open House!
GRAND BAY 1011 | Key Biscayne
5 Bed | 5.5 Bath + office + media + laundry
5,890 sf interior | 765 sf terraces
Flow through residence with both East & West views
Asking $9,500,000 | HOA: $4400/m
|
Exclusive New Project | Short Term Townhouses
THRILLED to announce ARTIST TOWNHOUSES, an exclusive project that Josh and I got in Hollywood.
It’s the PERFECT Short Term Rental investment estimating an ROI between 15 & 19%!
This Project consists of 8 luxury townhouses on over half an acre of land, scheduled to break ground in the Fall of 2022, with an expected completion date of Fall 2024.
Centrally located in Hollywood, minitues away from Ft. Lauderdale International Airport, I-95, the Beach, boardwalk, Artist Circle, nightlife, restaurants and artwork pavilion.
The Project is designed by Kaller Architecture. Each townhouse will have 3 bedrooms and 2.5 bathrooms, spaciously appointed with 1,600 sf including garage as well as additional outdoor spaces such as balconies and a backyard. The townhouses will feature modern, top-of-the-line finishes including Mia Cucina Italian cabinetry, quartz waterfall countertops, frameless glass enclosures in bathrooms, porcelain flooring, electronic thermostats, etc. as well as full concrete construction.
Owners will have the right to Airbnb their unit, which will significantly increase the potential for generating income as this is a highly sought after area for tourists and seekers of short term rentals with some of the highest occupancy rates in the United States and Florida.
The Townhouses will be offered at a pre-construction price of $900,000 per unit, with a 20% deposit upon signing and an additional 4 payments which shall be tied to construction milestones with the last payment due upon issuance of the certificate of occupancy.
Off Market | Waterfront Homes
Been working a lot with off market waterfront homes this past year, especially contemporary homes and (teardown) lots. Please reach out to me if you’re looking for anything off market, we always have a great off market selection!
Wajer | Moving to Miami!
Finally! The Dutch “Wajer” luxury yachts are moving to Miami! They’re building their office here in South Beast on 5th and West Ave and building out the Wajer Bay Marina, where some of the Miami Wajers will be docked.
Little history…
Wajer Yachts is a family-owned business established in the Netherlands. Their high-end yachts (up to 77 ft.) are renowned for their performance, reliability and contemporary, clean design. They continuously pioneer ground-breaking innovations in pursuit of the perfect sailing experience, and their yachts are completely handmade and equipped with the most advanced technology out there. As a family-owned business, they build all of our yachts from start to finish with meticulous attention to detail. After their yachts set sail, they offer a service that goes above and beyond with the Wajer Care program. They offer docking, maintenance, management, captains, staff, cleaning, food & beverages, drop off/pick up & concierge services.
Send me a message for more info and I’ll introduce you to some of my friends at Wajer!
Eco News | Climate Change Summit
Cheers to a successful “SouthEast Florida Climate Summit 2022” 2 days packed with interesting panels and amazing speakers! We had people from all over the US and even some international guests covering mind blowing facts, opportunities, solutions, innovations etc.
I was representing One Sotheby’s as a real estate broker. It was interesting how most panels were covering the real estate topic. Discussing the environmental/sustainable side, a side you usually don’t hear much about. As well as showing how Miami is adapting to climate change and is becoming more resilient as a city. It was refreshing to see how most people are mainly focussed on opportunities and action plans, instead of just discussing the issues.
Why List With me?
One of the reasons I joined Sotheby’s is because of their International Luxury Branding & Support which doesn’t compare to any other brokers out there!
Here are few highlights why your listings will stand out with me:
-
I personally have an an audience over 40,000 people between my social media platforms and a reach over 400,000 a month just on IG alone which I use to promote my listings (@joanshomesmiami) + a 10k+ international database I use for my email marketing & advertising.
-
I offer cutting edge photography, video and social media content to set your property apart (you’d be surprised if you see how most photo’s on MLS are taken by amateur photographers or the agents themselves, even for top listings!).
-
The Sotheby’s Brand & Network: read all about it in the listing presentation below.
-
Sothebys has a social media audience over 1M and One Sotheby’s over 200,000.
-
Your property will be listed on Sothebys.com (47M+ visitors per year) and OneSothebys.com (voted best brokerage website in 2022) and advertised on 100+ Sotheby’s International Realty affiliate websites around the world incl Financial Times, Mansion Global, Wall Street Journal etc.
-
Sotheby’s is the only true global real estate network and has 1000+ offices in 81 countries all over the world with over $200 Billion in sales volume globally.
-
Sotheby’s has an Award Winning Marketing Powerhouse and their own PR firm that backs us up with our listings.
Interested in selling? Please contact me so I can give you a property valuation and we can discuss a strategy for you to sell your property for the best possible price and as quick as possible!
Check out our online listing presentation HERE
————–
Have an amazing NYE and we’ll see each other again next year!
Thank you for taking the time to read my newsletter and for your continued support!
If you have any questions, need advice or anything else, my team and I are available 24/7 to assist you in whatever you need.
Have a great rest of your week!
Sincerely,
Joan
