FL ARCHIVED April 2018 | Page 202

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

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
$ 425,000
1 %
1 %
Average List Price of all Current Listings
$ 672,998
2 %
3 %
April Median Sales Price
$ 326,000
8 %
2 %
9 %
5 %
$ 320,000
3 %
3 %
April Average Sales Price
$ 365,593
-23% -14% -8%
-10%
$ 426,248
3 %
5 %
Total Properties Currently for Sale ( Inventory )
1,596
-3%
-5%
April Number of Properties Sold
82
-4%
11 %
299
-4%
April Average Days on Market ( Solds )
153
6 %
5 %
-6%
9 %
146
5 %
4 %
Asking Price per Square Foot ( based on New Listings )
$ 294
-5%
-4%
2 %
-3%
$ 305
3 %
1 %
April Sold Price per Square Foot
$ 233
-9%
-6%
-5%
-6%
$ 248
-1%
0 %
April Month ' s Supply of Inventory
19.5
1 %
-9% -15%
-9%
21.9
-2%
2 %
April Sale Price vs List Price Ratio
88.6 %
-. 6 % -. 6 % 1.1 %
. 1 %
89.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Agent Name

Aventura Title

Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
140
April Property sales were 82 , up 10.8 % from 74 in April of 2017 and 3.5 % lower than the 85 sales last month . April 2018 sales
120
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to April of 2017 and 2016 . April
140
April
YTD Property sales of 299 sales are were running 82 , up 3.9 10.8 % behind from 74 last in April year ' s of year-todate
2017
100
3.5 sales % lower of 311 than . the 85 sales last month . April 2018 sales and were at a mid level compared to April of 2017 and 2016 . April
120
80
YTD sales of 299 are running 3.9 % behind last year ' s year-todate
100
sales of 311 .
60
80
40
60
40
20
20
0
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
0
15
16
17
18
Prices
The Median Sales Price in April was $ 326,000 , up 8.8 % from
Prices
$ 299,500 in April of 2017 and up 7.9 % from $ 302,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 326,000 April was , up $ 365,593 8.8 % from , down
600
$
7.9 299,500 % from in $ April 396,836 of 2017 in April and up of 7.9 2017 % from and down $ 302,000 22.7 % last from month
$ 472,876 . The last Average month Sales . April Price 2018 in April ASP was $ at 365,593 the lowest , down level
550
M
J
15
600
550
500
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
7.9 compared % from $ 396,836 to April of in 2017 April and of 2017 2016 and . down 22.7 % from
$ 472,876 last month . April 2018 ASP was at the lowest level
500
450
compared to April of 2017 and 2016 .
450
400
400 350
350 300
99 107 117 92 81 97
99 107 117 92 81 97 87 86 75 77 95 90 88 79 80 82 75 71 74 64 80 62 95 74 89 99 85 89 62 53 75 84 67 65 85 82
300
250
250
M
M
J
15
J
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
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 1,596 Inventory , down 2.7 of % Properties from 1,640 available last month for sale and as down of April 5.3 %
1,800 was from 1,596 1,685 , down in April 2.7 % of from last 1,640 year . last April month 2018 and Inventory down 5.3 was % at a
1,8001,600 from mid 1,685 level compared in April of last with year April . April of 2017 2018 and Inventory 2016 . was at a
1,6001,400 mid level compared with April of 2017 and 2016 .
1,4001,200
1,2001,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
35.0
30.0
25.0
35.0
30.0
25.0
20.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The April 2018 MSI of 19.5 higher MSI is better for buyers . The April 2018 MSI of 19.5
400 months was at a mid level compared with April of 2017 and months was at a mid level compared with April of 2017 and
200
2016 .
2016 .
0
800
20.0
600
15.0
400
10.0
200
5.0
0
0.0
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 A
15
16
17
18
15
16
17
18
15.0
10.0
5.0
0.0
87
1,253 1,267
1,237 1,253
1,229 1,267
1,232 1,237
1,283 1,229
1,354 1,232
1,356 1,283 1,451
86 75
1,354 1,356
1,451 77 95 90 88 79 80
1,478 1,520 1,546 1,567 1,577 1,553 1,559 1,577 1,571
82 75
1,478 1,520 1,546 1,567 1,577 1,553 1,559 1,577 1,571 71 74 64 80 62 95 74 89 99 85 89 62
1,608
1,575 1,689 1,691 1,696 1,685 1,669 1,633 1,614 1,601 1,572 1,632 1,611
53
1,608
1,575 1,689 1,691 1,696 1,685 1,669 1,633 1,614 1,601 1,572 1,632 1,611 1,571 1,591 1,636 1,640 1,596 75 84
1,571 1,591 1,636 67 65
1,640
1,596 85 82
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
102 | 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 .