FL ARCHIVED February 2017 | Page 104

Market Action Report February 2017
Community Information | School District
Market Action Report February 2017

City : Aventura

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 439,000
-0%
-2%
Average List Price of all Current Listings
$ 680,895
-0%
-0%
February Median Sales Price
$ 315,000
14 %
9 %
-2%
3 %
$ 302,500
0 %
-1%
February Average Sales Price
$ 408,717
13 %
7 %
-4%
-6%
$ 380,445
-21%
-13%
Total Properties Currently for Sale ( Inventory )
1,643
-1%
12 %
February Number of Properties Sold
51 -35%
-33%
129
-14%
February Average Days on Market ( Solds )
124 -16%
1 %
4 %
0 %
138
25 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 322
6 %
2 %
-1%
0 %
$ 311
-9%
-4%
February Sold Price per Square Foot
$ 252
4 %
4 %
-4%
-2%
$ 246
-11%
-5%
February Month ' s Supply of Inventory
32.2
52 %
24 %
68 %
63 %
26.7
38 %
35 %
February Sale Price vs List Price Ratio
88.5 %
. 3 %
-. 3 % -1.4% -. 9 %
88.3 %
-3%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Aventura Title

Phone Website Other

Community Information | School District

Property Sales
160
February Property sales were 51 , down 32.9 % from 76 in
February of 2016 and 34.6 % lower than the 78 sales last month .
140
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at their lowest level compared to
February Property of 2016 sales and 2015 were . 51 February , down 32.9 YTD % from sales 76 of in 129 are
February running of 14.0 2016 % behind and 34.6 last % lower year ' s than year-to-date the 78 sales sales last of month 150 . .
February 2017 sales were at their lowest level compared to
February of 2016 and 2015 . February YTD sales of 129 are
160
140
120
120
100
80
running 14.0 % behind last year ' s year-to-date sales of 150 .
100
60
80
40
60
20
40
0
20
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
0
14
15
16
17
Prices
The Median Sales Price in February was $ 315,000 , down 2.3 %
Prices from $ 322,500 in February of 2016 and up 14.1 % from
The
$ 276,000 Median last Sales month Price . in The February Average was Sales $ 315,000 Price , in down February 2.3 % was
600 from
$ 408,717 $ 322,500 , down in February 3.7 % from of $ 2016 424,349 and in up February 14.1 % from of 2016 and
$ up 276,000 12.9 % last from month $ 361,960 . The Average last month Sales . February Price in February 2017 ASP was was at
550
M
A M J
14
600
550
500
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ the 408,717 lowest , down level 3.7 compared % from $ 424,349 to February in February of 2016 of and 2016 2015 and . up 12.9 % from $ 361,960 last month . February 2017 ASP was at
500
450
the lowest level compared to February of 2016 and 2015 .
450
400
400 350
350 300
97 140 130 101 128 96
Number of Properties Sold
97 140 130 101 128 96 120 126 89 97 80 85 114 115 97 105 117 92 80 95 86 84 74 76 94 89 86 79 79 81 75 71 72 64 78 51
300 250 250
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
M A
14 M J J A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F
17
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 1,643 of , Properties down 0.8 % available from 1,656 for sale last as month of and up 1,800
35.0
February 12.5 % from was 1,461 1,643 , in down February 0.8 % from of last 1,656 year last . February month and 2017 up 1,8001,600
35.0 30.0
12.5 Inventory % from 1,461 was at in its February highest of level last compared year . February with 2017 February of 1,6001,400 30.0
Inventory was at its highest level compared with February of 1,400
25.0 2016 and 2015 .
1,200 25.0
2016 and 2015 . 1,2001,000
20.0
1,000 800 20.0
15.0
A comparatively lower MSI is more beneficial for sellers while a
800 600 15.0
A comparatively lower MSI is more beneficial for sellers while a 600
10.0 higher MSI is better for buyers . The February 2017 MSI of 32.2 400
10.0 higher MSI is better for buyers . The February 2017 MSI of 32.2 400 months was at its highest level compared with February of 2016 200
5.0 months was at its highest level compared with February of 2016 200 5.0 and 2015 . 0
0.0 and 2015 .
0
0.0 M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
M A J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F 14
15 16
17 14
15 16
17
120 126 89
1,209 1,226 1,205 1,201 1,214 1,162 1,166 1,213 1,230 1,176 1,219 1,246 1,251 1,238 1,245 1,257 1,227 1,220 1,222 1,273 1,326 1,336
97
1,209 1,226 1,205 1,201 1,214 1,162 1,166 1,213 1,230 1,176 1,219 1,246 1,251 1,238 1,245 1,257 1,227 1,220 1,222 1,273
80 85 114 115 97 105 117 92 80 95 86 84 74
1,434
1,461 1,326
1,509 1,336 1,532 1,558
76 94 89 86 79 79 81
1,434 1,461 1,509 1,532 1,558 1,568 1,539 1,543 1,560
75
1,568 1,539 1,543 1,560 1,556 1,591 1,549 1,656 1,643
71
1,556 1,591 1,549
72
3 Mo Avg
64
1,656
1,643 78 51
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
104 | c o l d w e l l b a n k e r h o m e s . c o m
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