FL ARCHIVED April 2017 | Page 82

Market Action Report
April 2017
AVENTURA
City: Aventura
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,500,000
-5%
Other 0%
Community Information | School District
City: Aventura
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$1,892,250 0% Trending versus*:
0%
Trending versus*:
$1,180,000
-4% -20%
$1,225,000
-11%
-8%
Month -9%
LM L3M
PYM -11%
LY
YTD
Prior
YTD Prior
Year
$1,277,000 -16%
-18%
-13%
$1,500,000
0% -8% -33%
-5% -20% $1,383,409
Total Properties
for Sale
(Inventory)
272 -1%
-1%
Average
List Price Currently
of all Current
Listings
$1,892,250
0%
0%
April Median
Number Sales
of Properties
Sold
25% -11% $1,225,000
22 -24%
April
Price
$1,180,000 5 -55%
-9% -4% -20%
-11%
-8%
April Average
Average Sales
Days Price
on Market (Solds)
200 -16%
-19% -15%
19% -20%
56% $1,383,409
234 111%
83%
April
$1,277,000
-8% -33%
-18%
-13%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$552
5% -6%
$575
-3%
-2%
Total
Properties
for Sale
(Inventory)
272 -11%
-1% -4% -1%
April Number
Sold Price
per Square Sold
Foot
$439 5 -55%
-8% -2% 25%
-2% -9%
$446
-7%
April
of Properties
22 -11%
-24%
April Average
Month's Days
Supply
Inventory
54.4
118% -15%
9% -21%
-3%
73.1
65%
31%
April
on of
Market
(Solds)
200 -19%
19% 56%
234 111%
83%
April Sale
Price
List Price
79.4%
4.3% -.8%
80.1%
-10%
-8%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$552 -11%
-4% -4.9%
5% -8.6%
-6%
$575
-3%
-2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April
Sold Price per Square Foot
$439 -8% -2% -2% -9%
$446
-11%
-7%
Number
April Month's Supply of Inventory
54.4 118% 9% -21%
-3% of Properties
73.1 Sold
65%
31%
Property
Sales
April
Sale Price
vs List Price Ratio
79.4% 4.3% -.8% -4.9% -8.6%
80.1% -10%
-8%
18
Average List Price of all Current Listings
April Median
Sales
Price
Market
Profile
& Trends
Overview
April Average
Sales
Price
Median
List Price
of all
Current Listings
3 Mo Avg
April Property
sales
were / 5,
up 25.0%
4 in / LY=Last
April Year
of 2016
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month from
Prior Year
(2016) / YTD = Year-to-date
16
Number of Properties Sold
14
16
10
14 8
12 6
$1,300,000 last month. The Average Sales Price in April was
$1,277,000, down 33.1% from $1,908,675 in April of 2016 and
down 15.6% from $1,512,727 last month. April 2017 ASP was at
the lowest level compared to April of 2016 and 2015.
2,200
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
1,000
1,600
1,200
The Total Inventory of Properties available for sale as of April
was 272, down 0.7% from 274 last month and down 1.1% from
275 in April of last year. April 2017 Inventory was at a mid level
compared with April of 2016 and 2015.
5
13
Median Sales Price and Average Sales Price
3 Mo Avg
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
2,600
14
15
16
17
2,400
1,400
Inventory & MSI
0
2
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
15
16
17
4
Prices
6 0
10 4
8 2
The Median Sales Price in April was $1,180,000, down 20.3%
from $1,479,850 in April of 2016 and down 9.2% from
$1,300,000 last month. The Average Sales Price in April was
$1,277,000, down 33.1% from $1,908,675 in April of 2016 and
Prices
down
15.6% Sales
from Price
$1,512,727
last
month.
April 2017
ASP
was at
The
Median
in April
was
$1,180,000,
down
20.3%
the lowest
level compared
April and
of 2016
2015.
from
$1,479,850
in April of to
2016
down and
9.2%
from
3 Mo Avg
18
12
and 54.5% lower than the 11 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of
22 are running 24.1% behind last year's year-to-
Property
Sales
date Property
sales of 29.
April
sales were 5, up 25.0% from 4 in April of 2016
and 54.5% lower than the 11 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 22 are running 24.1% behind last year's year-to-
date sales of 29.
1,000
Median Sales Price and Average Sales Price
3 Mo Avg
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
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
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
300
160.0
14
15
16
17
140.0
250
120.0
Total
Inventory
&
Month's
Supply
of
Inventory
(MSI)
Inventory & MSI
200
100.0
The Total Inventory of Properties available for sale as of April
160.0
300
150
80.0
was 272, down 0.7% from 274 last month and down 1.1% from
140.0
60.0
275 in April of last year. April 2017 Inventory was at a mid level 250
100
A comparatively lower MSI is more beneficial for sellers while a
compared with April of 2016 and 2015.
120.0
40.0
higher MSI is better for buyers. The April 2017 MSI of 54.4
200
50
100.0
20.0
months was at a mid level compared with April of 2016 and
150 0
80.0
0.0
2015.
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 60.0
A comparatively lower MSI is more beneficial for sellers while a 100
14
15
16
17
40.0
higher MSI is better for buyers. The April 2017 MSI of 54.4
50
2 0.0
months was at a mid level compared with April of 2016 and
0
0.0
2015.
M J and
J Up
A | S Property
O N Types:
D J SFH
F - M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
Con 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 Association of REALTORS, 15
17 Beaches, Space Coast Association of REAL
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
My Florida Regional MLS, Naples Area Board of 16
REALTORS, REALTORS Association of the Palm
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.
82 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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 Association of REA
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.