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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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?
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 – 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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Real Estate Market Report – Single Family Homes in Aventura 33180
August 11th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Aventura, FL 33180 – Single Family Homes
- The median single family home price in Aventura 33180 this week is $745,000.
- Least expensive listing: $35,000
- Most expensive listing: $6,900,000
- Current single family homes listed for sale: 70
- Closed sales in the last week: 6
- Inventory, Days-On-Market and the Market Action Index (MAI) all recently plateaued and the market is not sending strong directional signal for the near-term outlook.
- Look for a persistent shift (up or down) in the MAI before we see prices move from current levels.
- Price per square foot and median List price have both been reasonably stagnant.
- The 90-day MAI stands at 17, 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 information please contact me at (305) 329-4929 or solovay.m@ewm.com
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Real Estate Market Report – Condo/Townhomes in Aventura 33180
July 29th, 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 $354,900.
- Least expensive listing: $59,900
- Most expensive listing: $6,000,000
- Current condominiums listed for sale: 1,221
- Closed sales in the last week: 41
- Inventory, Days-On-Market, and the Market Action Index (MAI) all recently plateaued and the market is not sending strong directional signal for the near-term outlook.
- Prices in 33180 have been on a downward trend recently and this week, while essentially flat, does not break us out of that cycle.
- The 90-day MAI stands at 13, clearly in the Buyer’s Market zone.
Now take a look at the market by quartiles. Each quartile is 25% of the homes.
For more information please contact me at (305) 329-4929 or solovay.m@ewm.com
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Real Estate Market Report – Condo/Townhomes in Hallandale 33009
July 22nd, 2009 categories: Hallandale Beach, Market Reports, Market Trends, Real Estate News
Hallandale Beach, FL 33009 – Condominiums & Townhomes
There are currently 1,142 condominiums listed for sale in the 33009 zip code.
- Highest priced listing: $2,000,000 (4 BR 4.5 BA in The Beach Club)
- Lowest priced listing: $34,000 (1 BR 1 BA in Parkside Manor)
- Pending sales: 160
- Closed sales in the past 30 days: 46
- Highest sale price: $720,000 short sale (3 BR 3.5 BA in The Beach Club)
- Lowest sale price: $41,000 foreclosure (1 BR 1 BA in Strand Plaza Condo)
Now take a look at the market by quartiles. Each quartile is 25% of the homes.
In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index (MAI) before prices move from these current levels. The 90-day MAI is at 13 which strongly indicates a Buyer’s market. Inventories have been falling in recent weeks, but note that declining inventory alone does not signal a strengthening market. Look to the MAI and Days on Market trends to gauge whether buyer interest is changing with the available supply.
For more information contact me at (305) 329-4929 or solovay.m@ewm.com
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