BEST WEEK TO BUY DRAWS NEAR

via themortgagepoint.com—The ideal time period to purchase a home in 2025 is drawing near, according to new Realtor.com data. The week of October 12–18 will be the year’s sweet spot for homebuyers, as the Realtor.com 2025 Best Time to Buy Report. This is because of a unique combination of lower prices (a potential savings of $15,000), less competition (30.6% lower), and higher inventory (an estimated 32.6% more active listings from the beginning of the year), which benefits buyers.

“After years of constrained conditions, the 2025 housing market is giving buyers something they haven’t had in a long time: options,” said Danielle Hale, Chief Economist at Realtor.com. “I expect this market momentum shift to magnify typical seasonal trends that favor homebuyers in the fall. During the week of October 12–18, data suggests that buyers will find more homes for sale, less competition from other shoppers, and potential average savings of more than $15,000 compared to this summer’s peak prices. In a year that’s been the most buyer-friendly in nearly a decade, it’s the best window of opportunity for homebuyers all year.”

Although many metropolitan areas experience the national “best week” of October 12–18, local markets exhibit some variance:

Earlier Best Weeks: New York, Philadelphia, Chicago, Atlanta, and Dallas all see buyer-friendly conditions a few weeks earlier, often in September.
Aligned with National Timing: Large metros like Houston, Los Angeles, and Washington, D.C. mirror the national October timing.
Later Best Weeks: Florida markets, including Miami and Tampa, peak as late as December. …READ MORE

The Current Miami Springs Market

DEMAND IS STILL THERE DESPITE HIGHER INTEREST RATES

Decreased interest rates and an uptick in inventory as the best time to buy (historically) approaches! There are forty-one (41) active listings in the Miami Springs/Virginia Gardens real estate market this week. Prices remain strong for sellers as shown by the sixteen (16) active listings over $1million. We are, however, seeing more price decreases on an active listings. At fifteen (15), almost 40% of the active listings have had a price reduction, one (1) this week.

Mortgage interest rates decreased and are expected to fluctuate between 6-6.5% the remainder of 2025. We expect additional rate cuts this year. There are still qualified buyers looking for the right property. Timing is everything. Properties are staying on the market for longer but some houses still quickly sell. It all depends on pricing, condition, and location, location, location. Days on the market (DOM) is averaging around 80, but with the latest interest rate cut, we would not be surprised to see this number drop.

Inventory Breakdown:

There is ONE property under $600,000; nine (9) properties are priced between $600,000-$700,000; seven (7) between $700,000-$800,000; six (6) between $800,000-$900,000; two (2) is priced between $900,000-$1,000,000; fourteen (14) between $1-2 million; and two (2) properties are priced for over $2 million.

CALL US FOR AN EVALUATION

During the period of September 12, 2025 through September 19, 2025, there were reported 4 new listings, 0 closed sales, 2 pending sales, 1 active with contract, 0 expired listings, 1 cancelled listing, 0 temp off market, 1 price reduction, and 0 price increases.

HOW DOES YOUR HOUSE COMPARE?

The table below shows the current status of the Miami Springs/VG real estate market as of September 19, 2025. All closed sales are within the 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:  charlie@leonardrealestategroup.com

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