HomeMy WebLinkAboutSubmittal-Charles Treister-3 Floor lot Ratio ComparisonSubmitted into the public
record for item(s) PZ.9 .
on 01/24/2019 , City Clerk
CHARLES TREISTER, ARCHITECT
January 24, 2019
NCD-3 FLOOR LOT RATIO COMPARISON
LOT SIZE
10,000 SF Lot
7,000 SF Lot
5,000 SF Lot
ALLOWABLE BUILDING AREA
LESS GARAGE
HOUSE AC
PROPOSED Reduction - 0.50 FLR
5,600
(450) 2 Car
5,150
74%
UNACCEPTABLE- TOO RESTRICTIVE!
ALLOWABLE BUILDING AREA
5,000
LESS GARAGE
(450)2 Car
MIN. AC
4,550
46%
Suggested Compromise - 0.65 FLR
ALLOWABLE BUILDING AREA
ACCEPTABLE REDUCTION
LESS GARAGE
MIN. AC
6,500
(450)2 Car
6,150
62%
3,500
(450) 2 Car
3,050
44%
4,550
(450)2 Car
4,100
59%
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4,000
(250) 1 Car
3,750
75%
2,500
(250) 1 Car
2,250
45%
3,250
(250) 1 Car
3,000
60%
Coral Gables
SINGLE FAMILY HOME MARKET
108
Closed Sales
ACTIVITY
250
New Listings
MEDIAN PRICE
SALES SHARE
1 bedroom
$0
0.0%
2 bedroom
$495,058
5.6%
3 bedroom
$739,500
46.3%
4 bedroom
$1,228,500
26.9%
5 bedroom
$1,755,000
15.7%
6 bedroom
$4,850,000
4.6%
7. bedroom
$11,500,000
0.9%
Coconut Grove
SINGLE FAMILY HOME MARKET
ACTIVITY
13
Closed Sales
30
New Listings
MEDIAN PRICE
SALES SHARE
1 bedroom
$0
0.0%
2 bedroom
$360,000
7.7%
3 bedroom
$800,000
3B.5°/
4 bedroom
$1,350,000
30.8 %
5 bedroom
$1,950,000
23.1%
6 bedroom
So
0.0%
7. bedroom
$0
0.0%
bhsmiami.com
Q4 2018 Miami Market Report
Overall price, average and
median, remain at
an incline.
Submitted into the public
record for item(s) P2.9
an 01/24/2019 , City Clerk
The number of closing fell
as new listings grew.
Greater Miami Single Family Home Sales
Days on Market fell to last
years quarter and increased
from last quarter.
3 bedroom homes continue
to hold the highest sales
share at 46.3%
Q42018
"(YR)
Q4 2017
^{QTR)
Q3 2018
Average Sale Price $1,445,505
Average Price Per SQ FT $443
Median Sale Price $925,000
Number of Closings 108
Days on Market 95
Listing Discount (Frorn Original List Price) 10°!
New Listings (Listed Within The Quarter) 250
Total Active Inventory 378
Absorption Period (Months) 10,5
The average sales price
increased to last years
quarter yet fell from
Q3 2018.
The number of closings
presented mixed trends,
increasing from last quarter
and decreasing from
Q4 2017.
29.4%
12.5%
8.8%
-2.7%
-11.4%
33 7%
$1,116,857
$394
$850,000
111
107
10%
187
Due to an increase in sales
the absorption period fell
by 2.1 months compared to
last quarter.
17.0%
4.5%
12.8%
-7.7%
7.5%
$1,235,438
$424
$820,000
117
88
9°I°
7.8% 232
4.4% 362
13.1% 9.3
3 bedroom homes hold the
highest sales share
at 38.5%.
Q4 2018
'(YR)
Q4 ..017
(QTR)
Q3 2018
Average Sale Price
Average Price Per SQ FT
Median Sale Price
Number of Closings
Days on Market
Listing Discount (From Original List Price)
New Listings (Listed Within The Quarter)
Total Active Inventory
Absorption Period (Months)
$1,477,481
$454
$1,300,000
13
118
13%
30
51
11.8
5.5% $1,400,667 -13.5% $1,707,845
-16.9% $547 -25.4% $609
-71% $1,400,000 0.0% $1,300,000
-13.3% 15 18.2% 11
-4.8% 124 -8.0% 128
11% 13%
-11.8% 34 20.0% 25
0.0% 51
-15.4% 13.9
Brown Harris Stevens