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• 1401 S. Ocean Dr Apt 904
• 3600 Mystic Pointe Dr #816
• 3730 NE 209th Te

Local Market Statistics

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-SELECT ONE- MIAMI, FL (33180 - Aventura) [SFH] MIAMI, FL (33180 - Aventura) [Condo] MIAMI BEACH, FL [SFH] MIAMI BEACH, FL [Condo]

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Miami, FL Is Number One

January 31st, 2012 categories: Aventura, Market Trends, Real Estate News

Miami, FL Is Number One

Miami, FL is the number one town on REALTOR.com’s Q4 Top 10 Turnaround Towns Report.  According to the Miami Association of Realtors, sales of existing single family homes in the Miami Metropolitan Area increased 51% in the 3rd quarter compared to a year ago.  Miami has half as many properties in Realtor.com’s inventory of listings as it had a year ago.  Also, Miami continues to be a hot market for international buyers.  In May, international buyers purchased about 60% of the existing houses and condos and 90% of the newly built homes in Miami.  According to the experts, Miami, one of the hardest hit foreclosure markets, is on its way back.

Fort Lauderdale, FL made the list as well coming in at number eight.  The list also includes several other Florida cities.

I can help you with all your South Florida real estate needs.  Contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Town Hall Meeting

September 2nd, 2009 categories: Aventura, Community Events

For more information visit the City of Aventura website at:  www.cityofaventura.com

Written by Michael Solovay | Discussion: No Comments »

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

                                                      ————–

Total                                            362 = 21% of total inventory for sale

 

Short Sale Closings:               18% of total closings

Foreclosure Closings:          32% of total closings

                                                     —————-

Total                                           50% of total closings

50% of all Closings for the period were Short Sales and Foreclosures.

For more information please contact me at [email protected]

Written by Michael Solovay | Discussion: No Comments »