Thursday, March 31, 2011

Hialeah Florida Real Estate Market

The city of Hialeah is situated in Miami-Dade County in the state of Florida, USA. It is the part of the metropolitan areas of Miami and the Greater South Florida. The 2009 census of population recorded that the residents of the city lowered to 218,896 when it compared to the 2000 census of population which has 226,419 recorded residents according to the US Census Bureau. 



The City of Hialeah boasts 3 tennis centers, more than 5 public swimming pools and aquatic centers, and more than 14 public parks totaling more than 100 acres combined. Furthermore, Milander Park features a municipal auditorium and a 10,000 seat football stadium. Those interested in residential real estate in Hialeah will find many types and styles of homes for sale in Hialeah, as well as community events of interest and local amenities unique to the Hialeah area. Others may enjoy outdoor activities and family friendly atmosphere of Hialeah.
  

If you are thinking of buying or selling property, planning to move, looking for Hialeah homes for sale, or looking for other information about real estate in Hialeah or the surrounding areas, you have come to the right place. This complete Hialeah real estate resource for offers everything you will need access to property listings with photographs and virtual tours, home valuation tools, and real estate articles to help guide you through the home buying or selling process. You can also find a Hialeah real estate agent, realtor or real estate agent to help you buy or sell a home, and find information about Hialeah communities, schools, real estate market conditions, recreation and many others.

Average price per square foot for Hialeah FL was $74, a decrease of 49.7% compared to the same period last year. The median sales price for homes in Hialeah FL for Dec 10 to Feb 11 was $58,000 based on 1,327 home sales. Compared to the same period one year ago, the median home sales price decreased 47.4%, or $52,175, and the number of home sales increased 162.3%. There are currently 1,161 resale and new homes in Hialeah on Tulia, including 2,801 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Hialeah FL was $150,361 for the week ending Mar 23, which represents a decrease of 0.2%, or $326, compared to the prior week. 
  
Since year 2009 the median price asked for vacant for-sale houses and condos in Hialeah goes to $228,762. The median contract on that same year goes to $778 in which the lower quartile is $613, and then the upper quartile is $948. The median rent asked for vacant for-rent units was $882. The median gross rent in Hialeah, Florida in that same year was $899.  In Hialeah the housing units with a mortgage of 19,835, with 2,443 on the second mortgage, with 1,350 home equity loan, 37 both the second mortgage and equity loan. The houses without a mortgage go 7,713, while the median household income for houses/condos with a mortgage is $49,053. On the other hand, the median household income for apartments without a mortgage was $27,641, also the median monthly housing costs was $994.  







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