Neighborhood Boundairies |
Typical Street in Google Street View |
There are currently 32 active listings, priced at $108,000 up to $309,000 - 47 pending sales and an average of 16 sales per month. That's only a 2 month supply of active homes so definitely a seller's market. Prices have been steadily increasing at a average rate of 19% per year the past 4 years which is far above the county average. Average sale price in April was $174,600 - still far off from the 2006 high of $264,000.
This area has been a hotbed of renovation and house flipping activity for some time now and I continually see nicely renovated small homes bought low, renovated, and sold high within a month or so on the market. Most aim for the 3/2 variety but 2/2's and even the lowly 2/1's are being bought up rapidly.
This link has details for 5 renovated homes in the area priced at $188,000-250,000:
5 Renovated Homes in North Andrews Gardens
This link has details for 5 homes needing renovation priced at $108,000-150,000:
5 Fixer Uppers in North Andrews Gardens
Contact Adam Ehlmann at 954-980-7120 or adamehlmann@gmail.com if you're interested in investing here or living here.
Renovated Home just sold. |
Renovated Home just sold. |
Renovated Home just sold. |
Renovated Home just sold. |