Miami Real Estate - Sales Looking Up!

Once again we have the latest market stats for real state in Miami-Dade County.  I thought I'd share with you this graph showing a few things...

A FEW NOTES ON THE STATS:

• Inventory in the county has dropped,  we have a 6 month supply "normal market conditions" of homes for sale (light green bars).
• Pending sales are up to 1,515 for June 2011, the highest we've seen in over 7 years...
• Short sale inventory equals 33.1% of our total home inventory for sale.
• Pricing remains steady overall for Miami-Dade... average single family home up to $341,000 from $338,000.
• Lack of inventory and increase in buyer activity w/low mortgage interest rates is what's keeping our prices stable now, rather than declining.
• This statistic is for Miami-Dade county as as whole.  Contact me for specific information about Coral Gables, Coconut Grove, Pinecrest, Miami Beach, Palmetto Bay, South Miami, or your specific neighborhood in Miami Dade or Broward County.

For more detail or market discussion, contact me directly at 305-345-8153, or at Lisa@FoxProductions.com.

Country Style - Large Yard and Room for the Boat!

Here's a new listing I just posted last week in the Metro Zoo area.  This is just west of 137th Avenue off 152 ST in the Southwest part of town.  The great thing about this property is its lush builder's half acre lot full of fruit and palm trees in the back.  Also there is plenty of space with double gates to park a large boat or extra cars.

Front View - 14711 SW 152 STREET

The house itself is nice, well kept and very clean.  There are 3 bedrooms / 2 baths in a split plan.  Vaulted ceilings add to the spacial dimension in the living room, especially with the flanked french doors opening up to the patio.

The kitchen is newly remodeled and includes a nice eat-in kitchen area with a huge double door pantry area.  The master bedroom also has an addition with a huge walk-in closet.  You can definitely say it's "walk-in" but it's actually more like an extra room... the closet is huge and would be considered a dressing area.  A new or expectant mother could probably turn the closet into a nursery room with a crib... that's how large it is.

I find the neighborhood to be quiet, and most of the homes around appear to be  in good condition... meaning not a lot of distressed looking properties around this house.  That's a good thing if you care about eye soars and your neighbors.  The house is conveniently located, right off 152 ST and close to shopping - there are both Publix and Sedanos supermarkets nearby, and the turnpike entrance is not far away.

Call me for more details or to arrange a showing.  This is not a distressed sale, and the property is only for sale, NOT for rent.  List price is $237,000.