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.
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.
- #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: