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Real Estate Market Report – Single Family Homes in Aventura 33180

Aventura, FL  33180 – Single Family HomesIsland Way Home

  • 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.

Neighborhood Detail - Aventura, FL  33180

Island Way HomesIsland Way Homes

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

Characteristics by Quartile

For more information please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Report – Condo/Townhomes in Aventura 33180

Aventura, FL  33180 – Condominiums  & Townhomes

City of Aventura

  • 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.

Real-Time Market Profile - Aventura 33180 Condo/Townhomes

Turnberry Isle Golfcourse

Waterways Marina

One Island Place

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

Characteristics per Quartile

For more information please contact me at (305) 329-4929 or [email protected]

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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 [email protected]

Written by Michael Solovay | Discussion: No Comments »

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