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Real Estate Market Report – Condos in Aventura 33180

Aventura, FL  33180 – Condominiums & Townhomes

  • The median condominium price in Aventura 33180 this week is $360,000Mystic Pointe at Aventura
  • 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

Real-Time Market Profile

Now take a look at the market by quartiles.  Each quartile is 25% of the homes.

Characteristics By Quartile

For more real estate information please contact me at (305) 329-4929 or solovay.m@ewm.com

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Report – Condo/Townhomes in Hallandale 33009

Hallandale Beach, FL  33009 – Condominiums & Townhomes

There are currently 1,142 condominiums listed for sale in the 33009 zip code.Hallandale Beach, Florida

  • 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.

Hallandale Condominiums by Quartile

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.

The Beach Club CondoHallandale Beach, FLParkside Manor CondoThe Duo Condo

For more information contact me at (305) 329-4929 or solovay.m@ewm.com

Written by Michael Solovay | Discussion: No Comments »

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