Miami Springs Real Estate Market Report August 8, 2016

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Leonard Real Estate Group, Miami Springs, Real Estate Market report

The lot size is very important to some, but not all, buyers.

If you happen to agree with Mark Twain, buy land, they’re not making it anymore ”, then you probably want to buy a property with a large lot.

However, if you don’t want to deal with yard maintenance, then perhaps a property with a small yard is best for you.

I have seen beautiful backyards with pools that are small yet give you a quaint, tropical resort feel. I have also seen huge back yards with pools and lush landscaping that are incredible.

Of course maintenance is the key to a beautiful yard, no matter the size, and Miami Springs runs the gamut.

Of all the listed properties in Miami Springs today, the average lot size is 10,929 sq ft. The smallest lot is 5600 sq ft and the largest, almost an acre at 43,452 sq ft.

The Current Market

The Miami Springs Real Estate market continues to be full of activity. During the period of Friday July 29, 2016 through August 5, 2016, there were 4 new listings, 4 closed sales, 0 pending sale and 3 expired listing.

The table below gives you a current status of the Miami Springs real estate market as of Friday August 5, 2016.

    Average Price/List/Sold/Pending Sale Average Sq Ft Average Price  Per Sq Ft
Active 53 $514,545 2,235 $230.22
Closed Sales 20 $388,402 1,798 $216.19
Pending Sales 28 $380,582 1,858 $204.83

 
 

HOW DOES YOUR HOUSE COMPARE??

A complete list of all the properties for sale in Miami Springs or any other area of Miami Dade County can be sent to you on regular basis, call me or text me at 305 726-8416. I'd like to hear from you.

Buyers, now is the time to buy. Interest rates are GREAT NOW but THEY WILL GO UP!

 Sellers if you are thinking about selling, Do it NOW! The market is full of Buyers.

Beautiful Miami Springs. Tree City USA. Our secret paradise in Miami-Dade County!

STAY INFORMED!

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