We have historically low interest rates, migration into South Florida, and low inventory.  When supply is low and demand is high, prices go up.  Here are the latest real estate numbers provided by the local pros at The Leonard Real Estate Group:

Mortgage interest rates continue to be historically low, and there are serious Buyers buying! Timing is everything. – The Leonard Real Estate Group

The demand is high for properties under $400,000.
There are currently three (3) listings under $400,000. This makes it more difficult for Buyers looking in that range due to the lack of inventory. Competition from multiple offers have become more frequent.

Home over $400,000 and Under $500,000
Only seven (7) properties are priced between $400,000-$500,000.

Preferred Partner

Properties between $500,000 and $700,000
Ten (10) properties are priced between $500,000-$700,000.

Properties over $800,000
Five (5) properties are priced between $800,000 and over $1 million.

It has been five years since The Leonard Real Estate Group opened their office in Miami Springs. The team focused attention on the Miami Springs market, and delivered professional and honest service to clients. Since then in Miami Springs alone The Leonard Real Estate Group ranks:
  • #1 in volume with over $40,000,000 in sales
  • #1 in transactions with 115
  • #1 in Buyer representation with 46 transactions
  • #1 in Seller representation with 69 transactions
  • #1 in 5 star reviews with nearly 100

CURRENT FEATURED PROPERTIES:

431 Wren Avenue: 4 Beds – 3 Baths

960 Westward Drive: 2 Bed – 1 Bath – 1 Car Garage + Den

144 Palmetto Drive: 4 Bed – 3 Bath – Pool Double Lot

 

Preferred PartnersHole 19Concepcion Law Criminal Defense, Personal InjuryBDC ConstructionHialeah Hospital 600 WidthMilam's Markets in Miami Springs

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