Archive for the 'Market Reports' Category
How’s The Real Estate Market In Aventura 33180?
August 2nd, 2010 categories: Aventura, Market Reports, Market Trends, Real Estate News
Market Update Report for Aventura 33180 – August 2, 2010
Condos – Townhomes
Click here to read the report as of August 2, 2010.
This week in Aventura 33180:
- the Median Sales Price is $340,000
- the 1,055 properties have been on the market for an average of 246 days
- Inventory is tightening and Days-On-Market is falling
- the Market Action Index shows demand heating up
The market has shown some evidence of slowing recently. Both Prices and Inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator of price changes.
If you would like to receive the latest real estate market data for your area delivered to your e-mail then click here to subscribe to my Real-Time Market Report. It’s free!
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Facts and Trends for Aventura
June 23rd, 2010 categories: Aventura, Market Reports, Market Trends, Real Estate News
Facts and Trends – Aventura, FL March 2009 – May 2010
Number of Properties for Sale vs. Sold – Condo/Townhome
Analysis:
- 14% decrease in homes for sale from May 2009 – May 2010
- no significant increase or decrease in sales
- May 2009 – 19 month supply of homes for sale
- May 2010 – 16 month supply of homes for sale
For more information please contact me at (305) 329-4929 or solovay.m@ewm.com.
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How’s The Real Estate Market In Aventura?
June 22nd, 2010 categories: Aventura, Market Reports, Market Trends, Real Estate Investing, Real Estate News
Real Estate Market Stats for Aventura, FL 33180
Median Price – Single Family Home vs. Condo/Townhome
Inventory – Single Family Home vs. Condo/Townhome
Average Days on Market – Single Family Home vs. Condo/Townhome
If you would like to receive the latest real estate market data for your area delivered to your e-mail then click here to subscribe to my Real-Time Market Report. It’s free!
For more information please contact me at (305) 329-4929 or solovay.m@ewm.com.
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How’s The Real Estate Market?
June 2nd, 2010 categories: Aventura, Market Reports, Market Trends, Real Estate Investing, Real Estate News
The Latest Real Estate Market Data
Stat Table – Condos/Townhomes in Aventura, FL 33180
| 90-day stats for Condo properties in MIAMI, FL33180 - Aventura as of August 27, 2010 | |||
|---|---|---|---|
| Median List Price: | $346,046 | Average List Price: | $455,883 |
| Total Inventory: | 1,049 | Price per Square Foot: | $241 |
| Average Home Size: | 1,666 | Median Lot Size: | n/a |
| Average # Beds: | 2.25 | Average # Baths: | 2.26 |
| Homes Absorbed: | 39 | Newly Listed: | 39 |
| Days on Market: | 255 | Average Age: | 18 |
Stat Table – Single Family Homes in Aventura, FL 33180
| 90-day stats for Single Family properties in MIAMI, FL33180 - Aventura as of August 27, 2010 | |||
|---|---|---|---|
| Median List Price: | $699,142 | Average List Price: | $795,821 |
| Total Inventory: | 69 | Price per Square Foot: | $211 |
| Average Home Size: | 2,847 | Median Lot Size: | 7,500 |
| Average # Beds: | 3.82 | Average # Baths: | 3.21 |
| Homes Absorbed: | 3 | Newly Listed: | 3 |
| Days on Market: | 230 | Average Age: | 31 |
If you would like the latest data for your area delivered to your e-mail then click here to subscribe to my Real-Time Market Report. It’s free!
For more information contact me at (305) 329-4929 or solovay.m@ewm.com.
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How’s The Real Estate Market?
May 14th, 2010 categories: Aventura, Market Reports, Market Trends, Real Estate News
The Latest Real Estate Market Data
Flash Chart – Condos/Townhomes in Aventura, FL 33180
Flash Chart – Single Family Homes in Aventura, FL 33180
If you would like the latest data for your area click here to subscribe to my Real-Time Market Report. It’s free!
For more information please contact me at (305) 329-4929 or solovay.m@ewm.com.
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How’s The Real Estate Market in Aventura – 33180?
May 7th, 2010 categories: Aventura, Market Reports, Market Trends, Real Estate News
Inventory for Aventura – 33180
Condominiums
Single Family Homes
Inventory is clearly down from this time last year. The good stuff is going fast.
For more information on buying, selling or leasing your property contact me at (305) 329-4929 or solovay.m@ewm.com.
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Real Estate Market Report – Aventura, FL 33180
May 4th, 2010 categories: Aventura, Buyers, Market Reports, Market Trends, Real Estate News, Sellers
AVENTURA, FL 33180 – CONDOS – TOWNHOMES
This Week
- The median list price in Aventura is $346,000
- Inventory is up
- Market Action is trending down recently
- Days-on-market appear to be trending lower, however the overall conditions are weakening a bit
Supply and Demand
- The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
The Market Action Index answers the question “How’s the Market?” By measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market Conditions. Below 30, conditions favor the Buyer.
Price
- We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
To subscribe to my Real-Time Market Report, click here. It’s all about what’s going on right now and it’s free!
For more information contact me at (305) 329-4929 or solovay.m@ewm.com.
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Real Estate Market Report – Condos in Aventura 33180
September 29th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Aventura, FL 33180 – Condominiums & Townhomes
- The median condominium price in Aventura 33180 for the week ending 9/25/09 is $350,000
- Lease expensive listing: $50,000
- Most expensive listing: $6,000,000
- Current condo & townhomes listed for sale: 1,124
- Closed sales in the last week: 58
- Inventory has been tightening and days-on-market increasing recently
- This week we continue to see a downward notch for prices in this zip code
- Inventory has been falling in recent weeks, but note that declining inventory alone does not signal a strengthening market
- The 90-day Market Action Index stands at 14, strongly in the Buyer’s Market zone
Now take a look at the market by quartiles. Each quartile is 25% of the homes.
For more real estate information please contact me at (305) 329-4929 or solovay.m@ewm.com
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Real Estate Market Report – Condos in Aventura 33180
August 26th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Aventura, FL 33180 – Condominiums & Townhomes
- The median condominium price in Aventura 33180 this week is $360,000
- Least expensive listing: $58,900
- Most expensive listing: $6,000,000
- Current condo & townhomes listed for sale: 1,160
- Closed sales in the last week: 43
- Inventory has been tightening and Days-On-Market increasing recently
- We saw relatively little price change from last week, however, we continue to demonstrate a nice up trend in general over the last several weeks
- The 90-day Market Action Index stands at 13, strongly in the Buyer’s Market zone
Now take a look at the market by quartiles. Each quartile is 25% of the homes.
For more real estate information please contact me at (305) 329-4929 or solovay.m@ewm.com
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Is It True That Sales Are Up And Inventories Are Down?
August 14th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Broward and Miami-Dade County Residential Inventories Continue To Decline During July
According to data from the Multiple Listing Service (MLS) , Broward and Miami-Dade residential inventories continued to decline during July 2009.
Inventories dropped from 74,966 total homes and condos for sale in July 2008, to 49,058 in July 2009, a 35% decrease in just 12 months. During that same time frame, sales increased 47% from an average of 2,518 sales per month to 3,707 sales per month. The inventory supply across both counties decreased from 30 months last year to 13 months today.
According to Ron Shuffield, President, EWM Realtors , “decreasing prices have been the prime motivator for our spike in sales this past year. If you’re selling, now is the time to make sure that your property is priced accurately. If you’re buying, your choices will continue to decrease throughout the remainder of 2009.”
You can check-out Facts & Trends reports at www.ewm.com/trendx to see the numbers for your area and price range or ask me to expand your search using our complete data file. Deals are happening!
Contact me for information for your area at (305) 329-4929 or solovay.m@ewm.com
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