THE BEST TIME TO SELL: THE WEEK OF APRIL 13-19

via realtor.com—Home sellers who are hoping to sell this year should get their ducks in a row, because the best time to list a home in 2025 is approaching quickly.

The week of April 13-19 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year. A recent survey from Realtor.com® found that the majority (53%) of home sellers took one month or less to get their home ready to list, so the time to start prepping is now. This selection comes from looking at seasonal trends from 2018-2024 data (excluding 2020) and calculating a Best Time to Sell score for each week of the year, based on a combination of housing metrics. Notably, mortgage rates are not included in the score as mortgage rate movement has more to do with the larger economic context and does not follow a seasonal pattern.

We expect the 2025 housing market to behave according to typical seasonality but offer slightly better conditions than 2024. Each week was scored based on favorability toward sellers — this included competition from other sellers (active listings and new listings), listing prices, market pace (days on market), likelihood of price reductions, and homebuyer demand (views per property on Realtor.com). Percentile levels for each week were calculated along each metric and were then averaged together across metrics to determine a Best Time to Sell score for each week. Rankings for each week were based on these Best Time to Sell scores.

At a national level, this week represents a balanced selection of market conditions that favor sellers. By balancing prices, inventory, demand and market pace, sellers are expected to have a better-than-average selling experience by taking advantage of the best week. While affordability will continue to be a challenge, we expect lower mortgage rates and…READ MORE

The Current Miami Springs Market

DEMAND IS STILL THERE DESPITE HIGHER INTEREST RATES

There are thirty-seven (37) active listings in the Miami Springs/Virginia Gardens market this week-- a significant increase from last week! Inventory hovered at approximately 30+/- listings the last quarter of 2024 and has been comparable in early 2025, despite week-to-week fluctuations. Sold prices remain strong for sellers and there are still serious qualified buyers looking for the right property, though demand has slowed. Sales slowed down a bit last year too, volume-wise, but prices remained strong. Twelve (12) of the active listings—approximately 32% percent—are over $1 million.

We had been transitioning to a more neutral market. However, there is a practically nonexistent number of entry-level homes (i.e. under $600,000), which makes it difficult for some buyers. Current interest rates also create a difficult situation for sellers that have a mortgage with a low interest rate. Where do they go if they decide to sell? Sales activity has slowed down a bit. Properties are staying on the market for longer but some houses still quickly sell. It all depends on pricing, condition, and location, location, location. Any additional interest rate increases in the future can mean fewer Buyers. Interest rates aside, we continue to anticipate more inventory increases.

Mortgage interest rates are just under 7%. Rates are expected to fluctuate between 6-7% this year. Despite high interest rates, there is still demand! The number of days properties are staying on the market is averaging 76 days. Seventeen (17) of the active listings had a price reduction—three (3) this week. There are no new pending sales this week. The limited options for entry level homes, high interest rates and homeowner insurance costs make it difficult for many first-time buyers. There are no properties listed under $500,000. There are no listings priced between $500,000-$600,000; six (6) listings are priced between $600,000-$700,000; eight (8) are priced between $700,000-$800,000; eight (8) are priced between $800,000-$900,000; three (3) are priced between $900,000-$1,000,000; eleven (11) between $1-2 million; and one (1) priced for over $2 million.

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During the period of March 7, 2025 through March 14, 2025, there were reported 4 new listings, 1 closed sale, 1 pending sale, 1 active with contract, 0 expired listings, 0 cancelled listings, 1 temp off market, 7 price reductions, 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 March 14, 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:  [email protected]

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