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.
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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 – 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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Condominium Real Estate Market Report for Aventura, FL
June 29th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Aventura, FL 33180 – Condominiums & Townhomes as of 6/19/09
This Week
The median condominium price in Aventura 33180 is $360,000. Inventory has been tightening and days-on-market increasing recently. The Market Action Index (MAI) has been basically flat, not providing strong indication for market conditions.
Price
This week we again see Read the rest of this entry »
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Single Family Home Real Estate Market Report for Aventura, FL
June 26th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate Investing
Aventura, FL 33180 – Single Family Homes as of 6/19/09
This Week
The median single family home price this week is $722,000. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Price
This week saw relatively little price change from last week, however, we continue to demonstrate a nice up trend over the last several weeks.
Price and Value
The market appears to be Read the rest of this entry »
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Market Update for Aventura, FL: 33180
June 8th, 2009 categories: Aventura, Market Trends, Real Estate News
Condominiums Report for the week of 6/5/09
Median Price: This week the median condominium price in Aventura 33180 is $364,500. We continue to see prices in this zip code bouncing around this plateau. Look for a persistent upshift in the Market Action Index before we see prices move from these levels
Inventory in 33180: Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Read the rest of this entry »
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Market Report: Aventura, Florida 33180
June 1st, 2009 categories: Aventura, Market Trends, Real Estate News
Condo Report for week ending 5/31/09
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