FL ARCHIVED February 2018 | Page 202

Market Action Report February 2018
Community Information | School District
Market Action Report February 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
$ 429,000
-2%
2 %
Average List Price of all Current Listings
$ 660,376
0 %
-1%
February Median Sales Price
$ 299,000
-9%
-7%
-9%
-4%
$ 316,250
3 %
2 %
February Average Sales Price
$ 408,139
-11% -3%
1 %
1 %
$ 434,219
15 %
8 %
Total Properties Currently for Sale ( Inventory )
1,626
2 %
-4%
February Number of Properties Sold
61
-9%
-2%
128
-10%
February Average Days on Market ( Solds )
155
17 %
12 %
29 %
11 %
144
7 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 309
-2%
-3%
2 %
2 %
$ 312
7 %
3 %
February Sold Price per Square Foot
$ 247
-4%
-1%
-3%
0 %
$ 252
3 %
2 %
February Month ' s Supply of Inventory
26.7
12 %
15 %
-2%
24 %
25.2
4 %
17 %
February Sale Price vs List Price Ratio
89.8 %
. 9 %
. 9 %
. 8 %
1.4 %
89.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
140
February Property sales were 61 , down 1.6 % from 62 in
February of 2017 and 9.0 % lower than the 67 sales last month .
120
Property
February 2018 Sales sales were at their lowest level compared to
140
February Property of 2017 sales and 2016 were . 61 February , down 1.6 YTD % from sales 62 of in 128 are
100
February running of 9.9 2017 % behind and 9.0 last % lower year ' s than year-to-date the 67 sales sales last of month 142 ..
February 2018 sales were at their lowest level compared to
120
80
February of 2017 and 2016 . February YTD sales of 128 are
100
running 9.9 % behind last year ' s year-to-date sales of 142 .
60
80
40
60
40
20
Agent Name

Aventura Title

Phone Website Other

Community Information | School District

Number of Properties Sold
20
0
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
0
15
16
17
18
Prices
The Median Sales Price in February was $ 299,000 , down 9.4 %
Prices from $ 330,000 in February of 2017 and down 8.8 % from
The
$ 328,000 Median last Sales month Price . in The February Average was Sales $ 299,000 Price , in down February 9.4 % was
600 from
$ 408,139 $ 330,000 , up 1.1 in % February from $ 403,703 of 2017 and in February down 8.8 % of from 2017 and down
$
10.9 328,000 % from last $ month 457,963 . The last Average month . Sales February Price in 2018 February ASP was at a
550
M
A M J
15
600
550
500
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ mid 408,139 range , up compared 1.1 % from to $ 403,703 February in of February 2017 and of 2017 2016 . and down
10.9 % from $ 457,963 last month . February 2018 ASP was at a
500
450
mid range compared to February of 2017 and 2016 .
450
400
400 350
350 300
117 116 99 107 117 92
117 116 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 82 67 61
300 250 250
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 M J J 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
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 1,626 of , Properties up 2.2 % from available 1,591 for last sale month as of and down 1,800
35.0
February 4.0 % from was 1,694 1,626 in , up February 2.2 % from of 1,591 last year last . month February and 2018 down 1,8001,600
35.0 30.0
4.0 Inventory % from 1,694 was at in a February mid level of compared last year . February with February 2018 of 2017 1,6001,400 30.0
Inventory was at a mid level compared with February of 2017 1,400
25.0 and 2016 .
1,200 25.0 and 2016 . 1,2001,000
20.0
1,000 800 20.0
15.0
A comparatively lower MSI is more beneficial for sellers while a
800 600 15.0
A comparatively lower MSI is more beneficial for sellers while a 600
10.0 higher MSI is better for buyers . The February 2018 MSI of 26.7 400
10.0 higher MSI is better for buyers . The February 2018 MSI of 26.7 400 months was at a mid level compared with February of 2017 and 200
5.0 months was at a mid level compared with February of 2017 and 200 5.0
2016 . 0
0.0 2016 .
0
0.0 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 F 15
16 17
18 15
16 17
18
81 97 87
1,258 1,246
1,254 1,258
1,268 1,246
1,238 1,254
1,230 1,268
1,233 1,238
1,284 1,230 1,355 1,233 1,357
1,284 1,452
86 75
1,355 1,357
1,452
Number of Properties Sold
77 95 90 88 79 80
1,479 1,521 1,547 1,570 1,580 1,556 1,562 1,580 1,574
82
1,479 1,521 1,547 1,570 1,580 1,556 1,562 1,580 75 71 74 64 80 62 95 74 89 99 85 89
1,611
1,579 1,693 1,694 1,699 1,689 1,673 1,638 1,619 1,605 1,574 1,632 1,611 1,572 1,591 1,626
3 Mo Avg
62 53
1,574 1,611 1,579 1,693 1,694 1,699 1,689 1,673 1,638 1,619 1,605 1,574 1,632 1,611 1,572
75
3 Mo Avg
82
1,591
1,626 67 61
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 .