A Definite Improvement In 2011
The say numbers don’t lie and here is what the numbers tell:
Total closed sales of single family homes in The Roads jumped from 34 in 2010 to 45 in 2011 (over 25% increase). Most impressive is that this increase is not due to incentivizing lower prices but appears with higher closed prices! In 2010 the average closing came in around $135 x SF while for 2011 it rose to $162 x SF. This increase in value is music to seller’s ears.
To have a quick review of the properties that sold in The Roads and the immediate vicinity over 2011 click here.
If you are buying or selling property in The Roads neighborhood please count on me to give you honest and up to date information on this terrific Miami neighborhood.