Horse Properties - Overview Miami-Dade
- Sold in Past 6 months - 8
- Closed Price range $385,000-$999,000
- Average Sold Price - $680,375
- Average sale to list price ratio - 91.13%
- Average time on market - 6.3 months
- Current Properties on the market for sale- 45
- Current Price range - $327,900-$4,750,000 (Avg. $1,400,652)
- Supply of properties in relation to sales - 2.3 years
Non-Horse Properties - Overview Miami-Dade for Similarly Priced Properties
- Sold in Past 6 months -843
- Closed Price range $400,000-$4,995,000
- Average sale to list price ratio - 90.47%
- Average time on market - 4.4 months
- Current Properties on the market for sale- 6,714
- Supply of properties in relation to sales - 3.9 years
* "Horse property" has been classified as a property already set up for horses with a horse barn/stable, fenced and zoned for horses
What does this mean to buyers and sellers of Horse Properties in Miami-Dade County? Let's take a quick look...
Follow this link to this horse real estate market update from one year ago.... BOTH listings AND sales are up 60%!! from last year at this time! Listings are taking longer to sell, about 3 months longer, but are selling still realtively close to list price (95% a year ago and 91% this year).
Sellers - this means to you that homes that are priced correctly for the market are selling in about 6 months. In relation to ALL properties in the same price range, the supply of horse homes is much tighter, meaning your property has a much better chance of being viewed than non-horse properties, which is a very good thing. If you are thinking about selling your horse property, contact Janie at 786-252-4970 to discuss your unique property.
Buyers - For the first time in several years you can buy a horse property for less than $500,000 and you have a great selection to choose from (up 60%!!). If you are in the market for a new horse property, contact Janie at 786-252-4970 to start your search today!
Janie Coffey, Broker, GRI, TRC
786-252-4970
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