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 July 23, 2010 | |||
|---|---|---|---|
| Median List Price: | $347,939 | Average List Price: | $455,245 |
| Total Inventory: | 1,051 | Price per Square Foot: | $245 |
| Average Home Size: | 1,671 | Median Lot Size: | n/a |
| Average # Beds: | 2.25 | Average # Baths: | 2.26 |
| Homes Absorbed: | 37 | Newly Listed: | 38 |
| Days on Market: | 272 | 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 July 23, 2010 | |||
|---|---|---|---|
| Median List Price: | $699,060 | Average List Price: | $794,537 |
| Total Inventory: | 68 | Price per Square Foot: | $213 |
| Average Home Size: | 2,844 | Median Lot Size: | 7,488 |
| Average # Beds: | 3.81 | Average # Baths: | 3.19 |
| Homes Absorbed: | 2 | Newly Listed: | 3 |
| Days on Market: | 239 | Average Age: | 32 |
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For more information contact me at (305) 329-4929 or solovay.m@ewm.com.
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Real Estate Market Report – Aventura Single Family Homes
July 8th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Aventura, FL 33180 – Single Family Homes as of 7/03/09
This Week
The median single family home price in Aventura 33180 this week is $497,450. Inventory has been tightening and days-on-market increasing recently. The Market Action Index (MAI) has been basically flat.
Price
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. We will be looking for a persistent upward ship in the MAI as a leading indicator for a trough in prices.
Price and Value
The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence). Look for significant changes in the MAI as a precursor to price and value changes.
Inventory
Inventory has been falling in recent weeks with 60 properties available this week.
Market Action Index
Aventura 33180 is quite strongly in the Buyer’s Market zone. The 90-day MAI stands at 15.
Days On Market
The properties have been on the market for an average of 262 days. Half of the listings have come newly on the market in the past 231 or so days. Watch the 90-day DOM trend for signals of a changing market.
The Real Estate Market Report is posted on a weekly basis. Look for updates in the coming weeks. For more information contact me at (305) 329-4929 or solovay.m@ewm.com
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