FL ARCHIVED July 2017 - Page 102

Market Action Report City: Aventura Aventura Agent Name Title Phone Agent Name Website Title Other July 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 $439,000 2% -2% Other $660,185 Trending -1% versus*: -4% Trending versus*: Month LM 3% L3M 3% PYM 26% LY Prior YTD 2% Prior Year $315,000 3% YTD $310,000 $439,000 2% -6% -4% -2% 6% -12% $382,349 $406,671 -7% $660,185 1,591 -1% -2% -4% 3% $315,000 3% 3% 26% 4% 3% $310,000 2% 82 -15% 578 0% 2% $382,349 143 -6% 14% -4% -4% 6% 30% -12% 15% $406,671 -7% 142 18% -7% 1,591 -2% 3% $330 5% 4% 1% 3% $311 -5% 82 -15% 4% 578 0% $256 3% 2% 8% -1% $252 -3% 143 14% -4% 30% 15% 142 18% 15% 19.4 16% 6% -1% -2% 20.5 11% $330 5% 4% 1% 3% $311 -5% -3% 88.2% .3% .2% .1% -1.2% 88.3% -1% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) July Sales Price July Median Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) July Number of Properties Sold July Sold Price per Square Foot July Average Days on Market (Solds) July Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) July Sale Price vs List Price Ratio July Sold Price per Square Foot $256 3% 2% 19.4 16% 6% 88.2% .3% .2% July Month's Supply of Inventory July 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 July Property sales were 82, up 3.8% from 79 in July of 2016 and 15.5% lower than the 97 sales last month. July 2017 sales 120 Property Sales were at a mid level compared to July of 2016 and 2015. July 140 July were running 82, up 3.8% 79 of in last July year's of 2016 100 YTD Property sales of sales 578 are 0.2% from ahead year-to- and 15.5% than the 97 sales last month. July 2017 sales 120 date sales lower of 577. 80 were at a mid level compared to July of 2016 and 2015. July 100 3 Mo Avg Number of Properties Sold 3 Mo Avg 95 0 20 20 40 40 60 Prices 14 15 600 16 94 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 14 15 16 17 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 Median Sales Price and Average Sales Price M J J 3 Mo Avg 0 last month. July 2017 ASP was at a mid range compared to July of 2016 and 2015. 15% -3% -2% 4% -1% 60 80 The Median Sales Price in July was $315,000, up 26.0% from Prices $250,000 in July of 2016 and up 3.3% from $305,000 last The Median Sales Price Sales in July Price was $315,00 0, 26.0% from month. The Average in July was up $382,349, up 5.9% 600 $250,000 in July in of July 2016 of and up and 3.3% down from 6.4% $305,000 from $361,106 2016 from last $408,598 month. The Average Sales Price in at July was range $382,349, up 5.9% 550 last month. July 2017 ASP was a mid compared to July from $361,106 in July of 2016 and down 6.4% from $408,598 of 2016 and 2015. 2% -7% 8% -1% $252 -3% -2% -1% -2% 20.5 11% 4% Number of 88.3% Properties .1% -1.2% -1% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date YTD sales of 578 are running 0.2% ahead of last year's year-to- date sales of 577. Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Aventura July 2017 17 Median Sales Price and Average Sales Price 550 3 Mo Avg 500 500 450 450 400 400 350 350 300 300 250 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 250 15 A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A S 14 O N D J F M 14 15 16 17 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 30.0 0 20.0 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 . 25.0 25.0 20.0 15.0 10.0 5.0 0.0 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 M J J 14 15 16 17 14 102 | c 30.0 The Total Inventory Inventory & MSI of Properties available for sale as of July 1,800 was Total 1,591, down 1.7% from 1,618 last month and as up The Inventory of Properties available for sale of 3.0% July from 1,800 1,600 1,544 in July last from year. 1,618 July last 2017 Inventory at its highest was 1,591, down of 1.7% month and up was 3.0% from 1,544 July of last year. July level in compared with July of 2017 2016 Inventory and 2015. was at its highest 1,600 1,400 1,400 1,200 level compared with July 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 for sellers while MSI is better for buyers. July 2017 MSI of 19.4 a higher MSI is better for level buyers. The July with 2017 MSI of of 2016 19.4 and 2015. 400 200 months was at a mid compared July 200 months was at a mid level compared with July of 2016 and 2015. 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.