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All aspects of your real estate experience will be accompanied by Results through exceptional Service and Honesty. From the onset of our marketing meeting, we are dedicated to achieve your goals. 

 

The Current Miami Springs Market

 

The Miami Springs & VG markets continue to be strong.

Inventory remained stable.

This is good for buyers and sellers

31 active listings this week, with 2 new ones

2 closed sales this week

11 listings under $400,000 (Note:The inventory in this price range has increased during the last few weeks)

11 listings between $400,000 and $500,000

10 active listings are priced over $500,000

1 properties are listed over $1,000,000. 

12 active listings have had a price reductions (0 this week).

What does this mean? Usually, the property was overpriced from the beginning. The sellers are recognizing the market is changing. Prices are not increasing as fast as the last several years. Sellers should not miss potential buyers and deal with increased competition.

 

Sellers that haven’t been able to sell their property in this market should re-evaluate their pricing, strategy and adjust accordingly based on their market circumstance.

Timing is everything. If you re on the fence about selling, get off and put your house on the market.

 

During the period of December 20, 2019, through December 27, 2019 there were reported 2 new listings, 2 closed sales, 0 pending sales, 3 active with contract, 0 expired listings, 0 cancelled listings, 0 Temp off market, 1 price reduction and 0 price increases. Interest rates remain low. A GREAT TIME TO BUY OR SELL.

 

 Attention Sellers!

Low Inventory + Low Interest rates + Increasing prices = Sellers Market.

The Market will change. Act Now!

 

The table below shows the current status of the Miami Springs/VG real estate market as of Friday, December 27, 2019. All closed sales are within the last 90 days.

HOW DOES YOUR HOUSE COMPARE?

 *Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.

 

 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. Request it at:  charlie@leonardrealestategroup.com

 

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however, we service all of South Florida

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