According to the NATIONAL ASSOCIATION OF REALTORS PRICES ARE SHOWING THE STRONGEST YEAR TO YEAR GAIN IN 6 YEARS.
The median price of an existing home climbed to 10.1 % to $177,400 from $161,000 in April 2011, the strongest year to year gain since 2006 when the median price level since July 2010 was $182,000.
I noticed that since inventories have been shrinking in Aventura, prices have steadily increased. This is a good time to sell. Buyers are anxious to get a good deal before there is a shortage of properties. Sellers will be appreciated greater prices this year than we have seen in a long time.
Here in the South, we are experiencing a 6.5% in prices year to year. Southeast Florida has the advantage of more foreign buyers than other parts of the country.
If you have been thinking of moving but have been waiting for better days…now is a good time. Call me for a private consultation.