FL ARCHIVED January 2017 | Page 104

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 447,645
-0%
-0%
Average List Price of all Current Listings
$ 687,446
-2%
-0%
January Median Sales Price
$ 302,500
6 %
4 %
1 %
-2%
$ 302,500
1 %
-2%
January Average Sales Price
$ 379,310
6 %
-3% -30% -13%
$ 379,310
-30%
-13%
Total Properties Currently for Sale ( Inventory )
1,644
6 %
15 %
January Number of Properties Sold
71
13 %
-4%
71
-4%
January Average Days on Market ( Solds )
137
27 %
10 %
37 %
11 %
137
37 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 307
-6%
-3% -14%
-6%
$ 307
-14%
-6%
January Sold Price per Square Foot
$ 264
14 %
7 %
-8%
2 %
$ 264
-8%
2 %
January Month ' s Supply of Inventory
23.2
-6%
-0%
20 %
17 %
23.2
20 %
17 %
January Sale Price vs List Price Ratio
88.1 %
-. 8 % -1.0% -3.6% -1.3%
88.1 %
-4%
-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
January Property sales were 71 , down 4.1 % from 74 in January of 2016 and 12.7 % higher than the 63 sales last month . January
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to January of
January
2016 and Property 2015 . sales January were YTD 71 , down sales 4.1 of % 71 from are running 74 January 4.1 % of behind 2016 and last 12.7 year %' s higher year-to-date than the sales 63 sales of 74 last . month . January
2017 sales were at their lowest level compared to January of
2016 and 2015 . January YTD sales of 71 are running 4.1 %
160
140
120
120
100
80
behind last year ' s year-to-date sales of 74 .
100
60
80
40
60
20
40
0
20
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 M J
J
A S O N D
J
0
14
15
16
17
Prices
The Median Sales Price in January was $ 302,500 , up 0.8 % from
Prices
$ 300,000 in January of 2016 and up 6.1 % from $ 285,000 last
The month Median . The Sales Average Price Sales in January Price was in January $ 302,500 was , up $ 379,310 0.8 % from , down
600
$
29.7 300,000 % from in January $ 539,835 of 2016 in January and up of 6.1 2016 % from and $ up 285,000 5.8 % from last month
$ 358,522 . The last Average month Sales . January Price in 2017 January ASP was $ at 379,310 the lowest , down level
550
F
M A M J
14
600
550
500
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
29.7 compared % from $ to 539,835 January in of January 2016 and of 2016 2015 and . up 5.8 % from
$ 358,522 last month . January 2017 ASP was at the lowest level
500
450
compared to January of 2016 and 2015 .
450
400
400 350
350 300
96 97 140 130 101 128
Number of Properties Sold
96 97 140 130 101 128 96 120 126 89 97 80 85 114 115 97 105 117 92 79 95 86 84 74 76 93 88 86 79 79 81 75 71 72 63 71
300
250
250
F
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 M J
J
A S O N D
J
M
14 A 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
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
The
January Total Inventory was 1,644 of , up Properties 6.5 % from available 1,544 last for sale month as of and up 14.8 %
1,800
January from 1,432 was 1,644 in January , up 6.5 of % last from year 1,544 . January last month 2017 and Inventory up 14.8 % was
1,8001,600 from at its 1,432 highest in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was .
1,6001,400 at its highest level compared with January of 2016 and 2015 .
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
30.0
25.0
20.0
1,2001,000
20.0
1,000
800
15.0
A comparatively lower MSI is more beneficial for sellers while a
800
600
A comparatively lower MSI is more beneficial for sellers while a
600
10.0 higher MSI is better for buyers . The January 2017 MSI of 23.2
400 higher MSI is better for buyers . The January 2017 MSI of 23.2
400 months was at its highest level compared with January of 2016
200
5.0 months was at its highest level compared with January of 2016
200 and 2015 .
0 and 2015 .
0
0.0
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 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
14
15
16
17
14
15
16
17
15.0
10.0
5.0
0.0
96 120 126
1,186 1,208 1,225 1,204 1,200 1,213 1,161 1,165 1,212 1,229 1,175 1,217 1,244 1,249 1,236 1,243 1,255 1,225 1,218 1,220 1,271 1,324 1,334
89 97
1,186 1,208 1,225 1,204 1,200 1,213 1,161 1,165 1,212 1,229 1,175 1,217 1,244 1,249 1,236 1,243 1,255 1,225 1,218 1,220 1,271
80 85 114 115 97 105 117 92 79 95 1,324
1,432
1,459 86 84 74 76 93 88 86
1,507 1,334 1,530 1,556 1,566 1,538 1,542 1,559 1,554
79 79
1,432 1,459 1,507 1,530 1,556 1,566 1,538 1,542 1,559
81
1,587 1,544
1,644
75
1,554 1,587
71
3 Mo Avg
72
1,544
1,644 63 71
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
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .