$7,956 Closing Credit*
$670,000
1,108 SqFt
2 Beds
•2 Full Baths
Alyssa Hoo, Listing Office: Luxe Properties
Is Virginia Gardens, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Virginia Gardens has remained a Seller's Market.
Key Takeaway
Virginia Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Virginia Gardens, FL
How much do homes in Virginia Gardens, FL cost?
Median Sold Price
$565,000
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$42,000(+8.0%)
Key Takeaway
Homes in Virginia Gardens have sold for 8% more than they did a year ago.
Summary: The median home sold price in Virginia Gardens was $565,000 in August 2024, up 8% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $195K | N/A |
| 2 Bedrooms | $422.5K | $445K | +5.3% |
| 3 Bedrooms | $505K | $646.5K | +28.0% |
| 4 Bedrooms | $635K | $590K | -7.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Virginia Gardens housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 28%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Virginia Gardens | $523K | $565K | +8.0% |
| Miami Springs | $649K | $700K | +7.9% |
Housing Supply in Virginia Gardens, FL
How many homes are available in Virginia Gardens, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Virginia Gardens real estate market had 5 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Virginia Gardens housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Virginia Gardens, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Virginia Gardens in August 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Virginia Gardens, FL
How long does it take to sell a home in Virginia Gardens, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 12 Days | 119 Days | +891.7% |
Summary: Homes in Virginia Gardens had an average of 119 days on market in Aug 2024, up by 891.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Virginia Gardens are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 1 homes were sold in Virginia Gardens; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.