Miami Springs Real Estate Market Report February 15, 2019

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The Current Miami Springs Market

What a difference a week makes.  Activity was much slower this last week, of the 48 active listings, almost half, (22) are listed over $500,000. Three Listings are over $1,000,000.

Many active listings have had a price reduction. 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 don’t want to miss potential buyers and deal with increased competition.

The Miami Springs & VG markets continue to be very strong. The demand is high for properties under $400,000. The inventory levels are steady for the moment.  How long will this sellers’ market last? A shift is on its way.

Sellers should really evaluate their position in the market in order to realize a sale quickly. Prices remain strong. Interest rates are low.  A Buyer’s marketis waiting in the wings!


During the period of February 8, through February 15, 2019 there was 1 new listing, 0 closed sales, 1 pending sale,  1 expired listing. There are still very good buying opportunities for buyers especially since interest rates remain very good.  IT REALLY IS A GOOD 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, February 15, 2019. All closed sales are within last 90 days.


 *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:




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