Miami Shores Real Estate News-Recap of 2010

By
Real Estate Agent with www.HomesForVIPs.com - Keller Williams Realty

Miami Shores Real Estate News-Recap of 2010

For single family homes in Miami Shores, here are the 2010 statistics, newsworthy sales and listings for sale there.

In Miami Shores, there were 147 closed sales in 2010 of which 3 were waterfront properties. The average sale price was $340,618, or $158 per square foot. They sold on average for 93% of the list price in 100 days (average days on market). The highest sale was for $2,320,000 located at 1480 NE 103 St, which was $650 per square foot and occurred on December 1, 2010. The lowest sale was for $41,000 located at 173 NW 99 St, which was $36 per square foot and occurred on April 7, 2010. 32 houses on Miami Shores are currently in contract or pending sale.

With 113 homes currently available for sale, the current absorption rate is about 9 months to sell all of the current inventory.

Right now, the least expensive home for sale in Miami Shores is for $149,350 located at 298 NW 92 St. It has 2 bedrooms, 1 bathroom, 1,181 square feet of living space and is located on a lot size of 9,225 square feet. It has been on the market now for 308 days. For photos of the home and a more detailed description, please visit Miami Shores, 298 NW 92 St.

Waterfront Properties on Miami Shores

In Miami Shores, there were 3 waterfront properties that closed (sold) in 2010. The average sales price among those was $1,273,333, or $341  per square foot. Waterfront homes on Miami Shores sold on average for 76% of the list price in 250 days (average days on market).

With 11 waterfront homes currently available for sale, the current absorption rate is about 44 months to sell all of the current inventory.

The least expensive waterfront property for sale in Miami Shores is $499,000 and is located at 10400 NE 12 Av. It has 4 bedrooms, 2 bathrooms, 2,883 square feet of living space and is located on a lot size of 11,663 square feet. It has been on the market now for 261 days. For photos of the home and a more detailed description, please visit this website page Miami Shores, 10400 NW 12 Av.

The most expensive property for sale in Miami Shores is $2,499,000 and is located at 1430 NE 101 St. It has 4 bedrooms, 4 bathrooms, 4,819 square feet of living space and is located on a lot size of 12,351 square feet. It has been on the market now for 461 days. For photos of the home and a more detailed description, visit 1430 NE 101 ST., Miami Shores, FL.

To view all of the listings available for sale in Miami Shores, please go to my website at Miami Shores Homes for Sale

To search for Luxury Single Family Homes by City or Neighborhood, go to - Miami Beach HomesSouth Beach Homes, Indian Creek HomesStar Island HomesLa Gorce Island HomesNorth Bay Road HomesPalm Island HomesSunset Islands Homes, Venetian Islands HomesHibiscus Island HomesGolden Beach HomesKey Biscayne HomesGables Estates HomesCocoplum HomesBelle Meade HomesBay Point HomesMorningside HomesPinetree Drive HomesBay Harbor Islands HomesBal Harbour Homes and Miami Shores Homes.

To find Luxury Condos by City and Category, go to any of the following – Penthouses for SaleBoat DocksPet Friendly CondosSouth Beach CondosMiami Beach CondosSunny Isles Beach CondosBal Harbour CondosKey Biscayne CondosFisher Island CondosBrickell CondosDowntown Miami Condos and Best Foreclosure Condo Buys.

For more specific information about a property or for a custom search, please contact Michael Sahlman at The Sahlman Group at 786.553.0697 or email us.

If you are thinking of selling your condo or house and want to market and sell your property worldwide to reach the right buyers quickly and effectively, please contact us directly at 786.553.0697, email us, or fill out this form to learn more about our global marketing strategy and receive an immediate response.

I highly recommend Habitat Design Associates, Inc. to design, renovate and oversee the overall project if you have purchased a condo or a home and need a reliable, competent and honest professional, the owner Cristina is originally from Brazil and has over 20 years of experience as an architect, interior designer and project manager. They have completed over 35 projects for a number of prominent people (including some of my clients). For more information and examples of her work Visit the Habitat Design website or contact them directly at 786.280.6200 or via email.

Please note  that the above information is based on data from the southeast Florida MLS as of January 2, 2011.

Copyright © By Michael D. Sahlman, P.A. 2010*Miami Shores Real Estate News-Recap of 2010*

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