Facts and Trends: Aventura, FL
March 2nd, 2009 categories: Aventura, Market Trends
Aventura Condos
November 2007 – January 2009
We can see from the chart that:
- 2,053 condos were for sale in 1/08 vs 1,732 condos for sale in 1/09 = 16% decrease in the number of condos for sale
- Amount of inventory went from 57 months supply last year to 31 months supply currently
- 55% increase in number of sales
Interesting Facts:
December 2008 – January 2009
Short Sale Inventory: 331 = 19% of total inventory for sale
Foreclosure Inventory: 31 = 2% of total inventory for sale
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Total 362 = 21% of total inventory for sale
Short Sale Closings: 18% of total closings
Foreclosure Closings: 32% of total closings
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Total 50% of total closings
50% of all Closings for the period were Short Sales and Foreclosures.
For more information please contact me at solovay.m@ewm.com
