Miami Springs Real Estate Market Report April 29, 2019

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DISCOVER MIAMI SPRINGS!

We are committed to providing a premier level of 
service. 

 

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

  • Inventory was up this week with 42 active listings.
  • There were six (6) new listings.
  • Closed sales were down to 1 closed sale!  
  • Of the 42 active listings, nineteen (19) are listed over $500,000.
  • Two listing are over $1,000,000.
  • Of the active listings thirteen (13) 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 should not 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. There are only 8 listings under $400,000. How long will this sellers’ market last? Experts say a shift is on its way. Sellers that haven’t been able to sell their property should really evaluate their position in the market and adjust accordingly based on their circumstance. Prices remain strong. Interest rates are low.

 

Timing is everything

 

During the period of April 19th, 2019, through April 26th, 2019 there were reported 6 new listings,2 closed sales, 1 pending sale, 1 expired listing, 0 cancelled listings. There are still very good buying opportunities for buyers especially since interest rates remain very good.

 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, April 26, 2019. All closed sales are within 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:  [email protected]

 

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We are the Miami Springs Experts

however, we service all of South Florida

Let Us Show You How We Can Get Your Property Sold

at the Highest Possible Price

 

Attention Sellers!

What are You Waiting For?

We can provide you with a market

analysis so you can see how much 

your property is worth.

 

Honesty | Service | Results

 

Drop by to see us 

190 Westward Drive

or call us 305-726-8416

Appointments available upon request

 

Beautiful Miami Springs. Tree City USA.

 

Our secret paradise in Miami Dade County!

 

STAY INFORMED!

 

Thank You

Charlie 305-726-8416

 

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