FL ARCHIVED December 2017 | Page 102

Market Action Report City: Aventura Aventura Agent Name Title Phone Agent Name Website Other Title December 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $445,900 Other Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY 1% 2% $664,853 Trending 1% versus*: -2% Month LM 0% L3M 5% PYM 15% LY $326,250 $445,900 1% 13% 10% 2% 22% $437,374 $664,853 1,551 1% -3% -2% -2% $326,250 0% 5% 15% 19% 7% 76 3% $437,374 139 13% 3% 10% -2% 22% 29% 1% 1,551 $325 -3% -1% 3% -2% 6% 76 3% 19% $253 8% 3% 10% 139 3% -2% 29% 12% 20.4 -6% -16% -17% $325 -1% 3% 6% 4% 88.7% .2% -.0% .3% Average List Price of all Current Listings Market Profile & Trends Overview December Median Sales Price Median List Average Price of all Current December Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) December Sales Price December Median Number of Properties Sold December Sales Price December Average Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) December Number of Properties Sold December Sold Price per Square Foot December Average Days on Market (Solds) December Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) December Sale Price vs List Price Ratio December Sold Price per Square Foot December 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 140 December Property sales were 76, up 18.8% from 64 in December of 2016 and 2.7% higher than the 74 sales last month. 120 Property December Sales 2017 sales were at a mid level compared to December 140 December Property were 76, up 18.8% from in running 1.4% 100 of 2016 and 2015. sales December YTD sales of 937 64 are December of 2016 2.7% higher than of the 74 sales last month. 120 behind last year's and year-to-date sales 950. 80 December 2017 sales were at a mid level compared to December $305,000 $400,522 12% 4% -1% 3% -.6% 0% -8% -1% 0% 16% -8% -3% -4% 14% 9% -2% -1% 14% -2% -3% 9% -1% 3 Mo Avg Number of Properties Sold 3 Mo Avg 95 82 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 15 16 17 0 0 20 20 40 40 60 J F M A M J J A S O N D J F Sales M A M Price J J A and S O Average N D J F Sales M A M Price J J A S O N D Median 3 Mo Avg 15 16 17 Prices 12.7% from $388,168 last month. December 2017 ASP was at the highest level compared to December of 2016 and 2015. 0% 937 -9% 141 $305 937 -1% $247 141 16% 21.7 $305 -3% 88.5% -9% 60 80 The Median Sales Price in December was $326,250, up 15.5% from $282,500 in December of 2016 and up 0.2% from Prices The Median last Sales Price in The December $326,250, 15.5% $325,500 month. Average was Sales Price in up December was 600 from $282,500 in December of 2016 and up 0.2% from $437,374, up 22.2% from $358,037 in December of 2016 and up $325,500 last $388,168 month. The Price in 2017 December was at 550 12.7% from last Average month. Sales December ASP was $437,374, up level 22.2% compared from $358,037 in December of 2016 and up the highest to December of 2016 and 2015. 500 $400,522 $253 8% 3% 10% -1% $247 -4% -3% 20.4 -6% -16% -17% 3% 21.7 9% 9% of 88.5% Properties 88.7% .2% -.0% .3% Number -.6% -1% Sold -1% December Month's Supply of Inventory 100 Trending versus*: YTD Prior YTD 0% Prior Year $305,000 7% 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date of 2016 and 2015. December YTD sales of 937 are running 1.4% behind last year's year-to-date sales of 950. Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Aventura December 2017 600 Median Sales Price and Average Sales Price 550 3 Mo Avg 500 450 450 400 400 350 350 300 300 250 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 15 16 17 250 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 15 16 17 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 35.0 0 2016 and 2015. 35.0 30.0 30.0 25.0 25.0 20.0 The Total Inventory Inventory & MSI of Properties available for sale as of 1,800 December was 1,551, down 3.1% available from 1,601 last as month and The Total Inventory of Properties for sale of 1,800 1,600 down 1.6% from 1,576 in 3.1% December of last year. December 2017 December was 1,551, down from 1,601 last month and Inventory was at a mid level compared 2016 1,600 1,400 down 1.6% from 1,576 in December of last with year. December December of 2017 1,400 1,200 Inventory and 2015. was at a mid level compared with December of 2016 1,200 1,000 and 2015. 1,000 800 A comparatively lower MSI is more beneficial for sellers while a 800 600 600 400