Miami Shores Housing Market Report for June 2013

Miami Shores Homes – Real Estate Market Report

**see below for home sale information**

There are currently 47 Miami Shores homes for sale: (4 more than last month)

• Highest priced listing is $3,395,000

• Lowest priced listing is $229,900 (Foreclosure at 124 NE 110 St)

• Pending Sales (Properties under contract): 41 (3 less than last month)

• Closed sales in June:  9 (compared to 30 last month)

The 9 Miami Shores homes sold in June were the following:

• 1451 NE 102 St – listed at $1.1 Million and selling at $982,000
• 301 NE 96 St – listed at $859,000 and selling at $820,000
• 155 NW 91 St – Listed at $455,000 and selling at $450,000
• 1566 NE 104 St – listed at $419,500 and selling at $385,000
• 33 NW 93 St – listed at $389,000 and selling at $390,000
• 32 NW 93 St – listed at $389,000 and selling at $375,000
• 230 NE 101 St – foreclosure listed at $324,900 and selling at $324,000
• 114 NE 107 St – short sale listed at $305,000 and selling at $298,500
• 878 NE 91 Te – listed at $295,000 and selling at $280,000

The median sales price for Miami Shores homes was $385,000.  What’s important to note is that homes are selling quickly and the inventory remains low.  Average price per square foot for Miami Shores homes has increased to $230 which is huge considering we were at $187 a short year ago.  We specialize in marketing Miami Shores homes for sale, so call us or email us for a no-commitment comparable market analysis of your home.

You can also email us at MiamiShores@miamism.com

**548 Grand Concourse – one of Miami Shores historic gems – designed by famous architect, Robert Law Weed. We’re talking a Classical Georgian Revival home built in 1929 with 5 bedrooms, 4.5 bathrooms, 4,427 sq.ft. of living space, 24,056 sq.ft. lot – priced at $1,595,000.