The Time To Buy on Singer Island is Now!
By Kathy Lewellen, Condo Specialist, Singer Island
(Quantum One Realty)
It may be a little hard to wrap your head around buying a home in South Florida - especially during the heat of the summer. It seems as though once the shock of the summer has subsided, now would be the perfect time to buy. Market trends are leading to the same direction, as well. I say this not meaning that demand is high, leading to a high listing price, however... In fact, interestingly enough, average listing price has dropped from 471,000 in the month, to a current average listing price of $391,000. We all know how supply and demand works - demand is high, supply is low, and vice-versa. However, at the moment, Singer Island has a lower average listing price and a lower supply than numbers showed just a month ago. The number of listings in the area has dropped by 43% in the past mon...
Comments
0