Florida's Closed and Pending Home Sales

Median Prices Up in July

Florida’s housing market reported more closed sales, more pending sales and higher median prices in July compared to a year ago, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 28,142 last month, up 10.4% from July 2018.

“Just like the weather, July was a hot month for Florida’s housing market with sales and median prices showing gains in both the single-family and condo-townhouse sectors,” says 2019 Florida Realtors President Eric Sain,“Consulting a local Realtor who knows the area and current conditions can help homebuyers and sellers navigate today’s fast-paced market.” ….READ MORE

12 Things to Do Before Selling Your House

Getting ready to sell your house? Then it's time to roll up your sleeves and get to work! Selling a home, after all, entails a whole lot more than just planting a "For Sale" sign on your front lawn or uploading a few random photos of your place—especiallyif you’re angling for the most cash. (And, honestly, who isn’t?) So before you put your house on the market, peruse this checklist of things you must do in preparation. …READ MORE

The Miami Springs & VG markets continue to be strong.

Inventory remained stable.

This is good for buyers and sellers

44 active listings this week, with 3 new ones

1 closed sale this week

6 listings under $400,000

20 active listings are priced over $500,000

3 properties are listed over $1,000,000. One of the Million+ properties is now a Pending Sale

16 active listings have had a price reduction (8 this week).

What does this mean? Usually, the property was overpriced from the beginning. Thesellers 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.

During the period of August 16, 2019, through August 23, 2019 there were reported 3 new listings, 0 closed sales, 4 pending sales, 1 active with contract, 1 expired listing, 1 cancelled listing, 3 Temp off market, 8 price reductions and 0 price increases. Interest rates remain very good. 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, August 23, 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: [email protected]

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