FL ARCHIVED March 2017 | Page 104

Market Action Report
City: Aventura
Aventura
Agent Name
Title
Phone
Agent
Name
Website
Title Other
March 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$425,250
-1%
-1%
Other
$667,424 Trending
-1% versus*:
-2%
Month
LM -2%
L3M 5%
PYM 7%
LY
$325,000
$425,250
-1% 21% 20%
-1% 1%
$489,707
$667,424 1,642
-1% -1% -2% 9%
$325,000 -2%
5% 7% -2%
7%
92 53%
$489,707 127
21% 4%
20% 0%
1% -1%
12%
1,642 -1%
9%
$320 0% 2% 1%
92 53%
-2%
$265 4% 6% 1%
127 4% 0% -1% 2%
17.8 -36% -20% 11%
$320 0% 2% 1% -1%
88.8% .0% .3% .1%
Average List Price of all Current Listings
Market
Profile Sales
& Trends
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
March
Sales
Price
March Median
Number
of Properties
Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March Average Days on Market (Solds)
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
Trending versus*:
Prior YTD 4%
Prior Year 3%
7% YTD
$315,000
12%
$423,617
-12%
-3%
$315,000
2% $423,617
4%
231
-12%
132
-1%
$312
231
-5%
3%
$254
132
14%
-10%
22.2
$312
-7%
-.5%
88.6%
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
160
March Property sales were 92, down 2.1% from 94 in March of
140
2016 and 53.3% higher than the 60 sales last month. March
Property
2017 sales Sales
were at their lowest level compared to March of 2016
160 120
March
Property
sales
were
92, down
from 94 in
March
of last
and 2015.
March
YTD
sales
of 231 2.1%
are running
5.3%
behind
140
2016
and
53.3% higher
than of the
60 sales last month. March
year's
year-to-date
sales
244.
100
120
3 Mo Avg
60
80
105
0
20
20
40
40
60
Prices
14
600
15
16
87
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
14
15
16
17
A M J J A S O N D Median
J F M A M Sales
J J A Price
S O N and
D J Average
F M A M Sales
J J A Price
S O N D J F M
3 Mo Avg
0
$403,659 last month. March 2017 ASP was at the highest level
compared to March of 2016 and 2015.
3 Mo Avg
80
100
The Median Sales Price in March was $325,000, up 6.9% from
Prices
$304,000 in March of 2016 and down 1.5% from $330,000 last
The
Median
Sales
Price Sales
in March
was
6.9% from up
month.
The
Average
Price
in $325,000,
March was up $489,707,
600
$304,000
in $483,255
March of 2016
and down
1.5%
from
$330,000
last
1.3% from
in March
of 2016
and
up 21.3%
from
month.
The last
Average
Sales
Price 2017
in March
up level 550
$403,659
month.
March
ASP was
was $489,707,
at the highest
1.3%
from $483,255
2016
and up 21.3% from
compared
to March in of March
2016 of
and
2015.
6%
-3%
-2%
12%
-1%
Number of Properties Sold
2017 sales were at their lowest level compared to March of 2016
and 2015. March YTD sales of 231 are running 5.3% behind last
year's year-to-date sales of 244.
-5% 3%
14% -3%
-7%
-6%
6%
22%
-3%
-1%
$265 4% 6% 1% 3%
$254
-6%
-2%
17.8 -36% -20% 11% -10%
22.2
22%
12%
of 88.6%
Properties
88.8% .0% .3% .1% Number
-.5%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
March Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Aventura
March 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
500 450
450 400
400 350
350 300
300 250
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
17
250
15 A M J J A S O N D J F M 16
A M 14 J J A S O N D J F M
A M J J A S O N D J F M
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
30.0
30.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
1,800
was Total
1,642,
down 1.2%
from 1,662
last month
and
from
The
Inventory
of Properties
available
for sale
as up
of 8.7%
March
1,510
in March
of last
year.
March
2017 Inventory
was from
at its 1,800 1,600
was
1,642,
down 1.2%
from
1,662
last month
and up 8.7%
1,600 1,400
1,510
in March
of last year. with
March
2017 of Inventory
at its
highest
level compared
March
2016 and was
2015.
1,400 1,200
highest level compared with March of 2016 and 2015.
1,200 1,000
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
600 400
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a
MSI is better
for buyers.
March for
2017
MSI
of 17.8
400 200
higher
MSI
is better
for buyers.
March 2017
of 17.8
months
was
at its highest
level The
compared
with MSI
March
of 2016
200
months
was at its highest level compared with March of 2016
0
and 2015.
0
and 2015.
15.0
10.0
5.0
0.0
15
16
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
.
20.0
25.0
20.0
15.0
10.0
5.0
0.0
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 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
14
15
16
17
14
104 | c
25.0
17
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.