days on market

1079 SW 120 Way Davie FL $239,000 (SOLD)

Rocio CasalesLeave a comment

This slideshow requires JavaScript.

Not a short sale nor foreclosure. Ready to move in single family home in cul-de-sac. Hurricane shutters. Just right-size kitchen with stain less steel appliances and granite counter tops / back-splash. Tall ceilings, tiled flooring in common areas, and carpet in bedrooms. Spacious master-bedroom with private bathroom, and his/her closet. Open living room with access to ample yard which is partially stucco covered — great for parties / bbq.

Property Details:

  • Address: 1079 SW 120 Way
  • City, State and Zip: Davie, FL 33325
  • Asking Price for sale: $239,000
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 1,336 / 8,261
  • Year built: 1995
  • Beds, full baths and half baths: 3 / 2
  • Garage: 1
  • Water front or access: no / no
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: tile and carpet/ no
  • Heating and cooling: central / central
  • Sewer: municipal

What’s Up Around This Home?

 

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $239,000:

  • FHA loan with 3.5% down: $1,169
  • Conventional loan with 5% down: $1,150
  • Conventional loan with 10% down: $1,090
  • Conventional loan with 20% down: $969

Need other mortgage scenarios? Mortgage Calculator

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $84,136
  • Population: 27,387
  • Owners vs Renters: 86% and 14%

Check out the latest Davie 33323 Demographics Summary or Davie 33325 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

← Back

Thank you for your response. ✨

13816 SW 114 TERR Kendall FL $289,900 (SOLD)

Rocio Casales1 Comment

This slideshow requires JavaScript.

FHA or VA ok. Impeccable ready to move in 2-car garage townhouse in the highly desirable Kendall Breeze. Ample kitchen with granite counter tops and wood cabinetry overseeing living area. Recess lighting throughout first floor, and Brazilian tile upstairs. Large master bedroom with double walk-in closets, and private bathroom with his/her sink, spa-tub and walk-in shower. Spacious yard finished with pavers. Central vacuum system, newer AC, and hurricane accordion shutters.

Property Details:

  • Address: 13816 SW 114 TE
  • City, State and Zip: Kendall, FL 33186
  • Asking Price for sale: $289,900
  • Short sale or foreclosure: no / no
  • Type of property: single family townhome
  • Living and lot size (sqft): 2,292 / 1,925
  • Year built: 2005
  • Beds, full baths and half baths: 4 / 3
  • Garage: 2
  • Water front or access: no / no
  • Exterior walls and roof: concrete / barrel
  • Floor and pool: tile / no
  • Heating and cooling: central / central
  • Sewer: Municipal

What’s Up Around This Home?

 

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $336,000:

  • FHA loan with 3.5% down: $1,417
  • Conventional loan with 5% down: $1,395
  • Conventional loan with 10% down: $1,322
  • Conventional loan with 20% down: $1,175

Need other mortgage scenarios? Mortgage Calculator

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $74,754
  • Population: 65,433
  • Owners vs Renters: 72% and 28%

Check out the latest Kendall 33186 Demographics Summary or Kendall 33186 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

← Back

Thank you for your response. ✨

Single Family Prices Flat; Condo-Townhouses Spike

Mario AvalosLeave a comment

Overall, the single family residence market reflects a flat trend in both price appreciation and number of closings during the last four months (see below graph). These figures are expected to continue for the remainder of 2014 and well into 2015.

Why is this happening? Home values and borrower-income are reaching equilibrium.  In other words, consumers are buying at maximum home price based on their salary or comfort level.  Among other factors, for home values to go up, take-home-pay must increase.  Until then, unless home inventory or interest rates significantly drop, prices should remain flat.

trend sfr

With the exception of July, condos and townhouses are following the same pattern as single family residences (see below graph). This spike is July may be a result of home buyers opting not to purchase single family units, and rather go for the more affordable condo/townhome.

Above and below graphs contain combined pricing and volume data for the following cities: Coconut Grove, Coral Gables, Cutler Bay, Kendall, Palmetto Bay, Pinecrest, South Miami, Sweetwater, The Roads, West Miami and Westchester.

trend th condo

Average Home Price – Single Family – Year-to-date July 2010 vs Year-to-date July 2014 – Below graph details the comparison between the average home price in 2010 versus 2014 by city.

ave price sfr

Average Home Price – Condo/Town Home – Year-to-date July 2010 vs Year-to-date July 2014 – Below graph details the comparison between the average home price in 2010 versus 2014 by city.

ave price th condo

Days On Market or DOM – Single Family – Year-to-date July 2014 – The below chart shows the number of days a property stays in the market for sale until it is sold.

dom sfr

Days On Market or DOM – Condo/Town Home – Year-to-date July 2014 – The below chart shows the number of days a property stays in the market for sale until it is sold.

dom th condo

Transaction Type – Single Family – Year-to-date July 2014 – The below graph details the type of sales taking place by city.

type sfr

Transaction Type – Condo/Town Home – Year-to-date July 2014 – The below graph details the type of sales taking place by city.

type th condo

Three To Four Months To Sell Your Home

Mario AvalosLeave a comment

 

Average Home Price – Single Family – Year-to-date June 2010 vs Year-to-date June 2014 – Below graph details the comparison between the average home price in 2010 versus 2014 by city.

average single family price miami

Average Home Price – Condo/Town Home – Year-to-date June 2010 vs Year-to-date June 2014 – Below graph details the comparison between the average home price in 2010 versus 2014 by city.

average condo townhouse price miami

Days On Market or DOM – Single Family – Year-to-date June 2014 – The below chart shows the number of days a property stays in the market for sale until it is sold.

days on market single family home miami

Days On Market or DOM – Condo/Town Home – Year-to-date June 2014 – The below chart shows the number of days a property stays in the market for sale until it is sold.

days on market condo townhouse miami

Transaction Type – Single Family – Year-to-date June 2014 – The below graph details the type of sales taking place by city.

type of single family home sale in miami

Transaction Type – Condo/Town Home – Year-to-date June 2014 – The below graph details the type of sales taking place by city.

type of condo townhouse sale in miami

5631 SW 67 Ave South Miami FL $355,000 (SOLD)

Rocio CasalesLeave a comment

This slideshow requires JavaScript.

Conventional or cash only. Updated single family home in the heart of South Miami. New roof. New plumbing. New electricity. New windows. New AC.  Brilliant-shined terrazzo flooring. Extra-large lot with extra-large shed and fitting for Olympic size pool. Open living-dining room layout.  Spacious kitchen with plenty of cabinetry overseeing large breakfast area. Wood flooring in master bedroom with double closets and contemporary-styled bathroom. Septic tank.

Virtual Tour

 

Property Details:

  • Transaction Type: Seller Representation
  • Address: 5631 SW 67 Ave
  • City, State and Zip: South Miami, FL 33143
  • Asking Price for sale/ rent: $355,000/ $2,400
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 1,219 / 13,068
  • Year built: 1952
  • Beds, full baths and half baths: 3 / 2
  • Garage: 0
  • Water front or access: no / no
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: terrazzo and wood/ no
  • Heating and cooling: central / central
  • Sewer: septic

What’s Up Around This Home?

 

Local Schools:

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $355,000:

  • FHA loan with 3.5% down: $1,735
  • Conventional loan with 5% down: $1,709
  • Conventional loan with 10% down: $1,619
  • Conventional loan with 20% down: $1,439

Need other mortgage scenarios? Mortgage Calculator

Location:

 

Area Demographics:

  • Average Income: $94,316
  • Population: 31,987
  • Owners vs Renters: 64% and 36%

Check out the latest South Miami 33143 Demographics Summary or South Miami 33143 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

← Back

Thank you for your response. ✨

Condo-Townhouse Prices Up 27%.

Mario AvalosLeave a comment

 

Average Condo-Townhouse Price: Year-to-date May 2010 vs Year-to-date May 2014

Below graph details the comparison between the average condo-townhouse price in 2010 versus 2014 by city. For example.  Kendall’s average condo-townhouse price year-to-date May 2010 was $106,239.  Such average price has risen to $147,885 year-to-date May 2014.

average condo townhouse price

How’s the single-family home market? Learn more.

Days On Market or DOM – Condo-Townhouse: Year-to-date May 2014

The below chart shows the number of days a property stays in the market for sale until it is sold. For example. Kendall’s DOM year-to-date May 2014 is 123 days. In other words, on average…from the moment a condo-townhouse hits the market for sale until it is sold is approximately 123 days.

days on market condo townhouse

 

Transaction Type – Condo-Townhouse: Year-to-date May 2014

The below graph details the type of sales taking place by city. For example. In Kendall…29% of all sold condo-townhouses are bank owned.  Fifty-four percent are regular sales. And 17% of all sold condo-townhouses are short sales.

transaction type condo townhouse