Miami Springs Real Estate Market Report January 1st, 2018

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What a Difference a Year Makes!!

The tale of two Charts

 

Thank you to all of our clients, friends and supporters for a record breaking year at The Leonard Real Estate Group in 2017.

We believe that 2018 will be even better.

Interest rates remain low, (Good for Buyers) although they will begin to rise. Inventory remains tight, (Good for Sellers) and prices continue to increase.

For the Miami Springs and Virginia Gardens Market, refer to the Tables below from January 2017 and compare with the one from January 2018.

A 13.1% increase in price per square feet on sold properties!!!!

An average increase of approximately 4.6% on average price for sold properties.

 

JANUARY 2017

leonard real estate group, miami

 

JANUARY 2018

 

 

Existing-Home Sales Skyrocket

Toward 11-Year High

Existing-home sales in November skyrocketed to a spree not seen in more than 10 years, the National Association of REALTORS® (NAR) reports.

Existing-home sales totaled 5.81 million, a 5.6 percent increase from October and a 3.8 percent increase from one year prior. Inventory decreased 7.2 percent to 1.67 million, 9.7 percent below one year prior. “Existing single-family home sales jumped…READ MORE

 

 

 

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Discover Miami Springs!!!

I have personally known about this secret gem for over 31 years. Now, I want you to discover it. Great homes, great prices, great location. Read More

 

The Current Miami Springs Market

The Miami Springs and Virginia Gardens markets continue to be very strong..There are still very good buying opportunities. Don’t miss out on some great opportunities! Interest rates remain at historically low levels. IT IS A GOOD TIME TO BUY OR SELL.

NOTE TO SELLERS: There are plenty of buyers shopping in Miami Springs and Virginia Gardens. If you have thought about selling? DO IT NOW!!

During the period of December 22, 2017 through December 29, 2017 there were 2 new listings, 4 closed sales, 0 pending sales, 0 expired listings.

The table below shows the current status of the Miami Springs/VG real estate market as of Friday, December 29, 2017. All closed sales are within last 90 days.

 

HOW DOES YOUR HOUSE COMPARE??

 

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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301 Deer Run

Move in Condition!

Beautiful Golf Course Views 

NEW PRICE!

$929,900

  Tour

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1191 Quail Ave, Miami Springs Fl

Beautiful Updated Pool Home

NEW PRICE!

$539,900

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220 Melrose Drive

See this Brand New Home

Pending Sale

$699,999

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miami beach, sobe, luxury living

843 Espanola Way

Miami Beach Florida

Enjoy the South Beach Lifestyle, in Historical Espanola Way,

Close to the action but nestled on a quiet street

Great Opportunity

$1,499,000

TOUR

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We Want to Sell Your House!

 

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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. 

We can provide you with a market

analysis so you can see how much

your property is worth.

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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