FL ARCHIVED March 2018 | Page 202

Market Action Report March 2018
Community Information | School District
Market Action Report March 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
-0%
1 %
Average List Price of all Current Listings
$ 667,554
2 %
2 %
March Median Sales Price
$ 302,000
-1%
-4%
-6%
-3%
$ 313,750
0 %
1 %
March Average Sales Price
$ 471,258
16 %
6 %
-2%
17 %
$ 448,469
7 %
11 %
Total Properties Currently for Sale ( Inventory )
1,628
-0%
-4%
March Number of Properties Sold
83
34 %
-13%
212
-11%
March Average Days on Market ( Solds )
139 -10%
0 %
9 %
-1%
141
8 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 310
0 %
-1%
2 %
2 %
$ 311
5 %
2 %
March Sold Price per Square Foot
$ 256
4 %
1 %
-2%
4 %
$ 254
1 %
3 %
March Month ' s Supply of Inventory
19.6 -26% -16% 10 %
-9%
23.3
5 %
8 %
March Sale Price vs List Price Ratio
89.2 %
-. 8 %
. 2 %
. 2 %
. 8 %
89.3 %
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
March Property sales were 83 , down 12.6 % from 95 in March of
2017 and 33.9 % higher than the 62 sales last month . March
120
Property
2018 sales Sales were at their lowest level compared to March of 2017
140
March and 2016 Property . March sales YTD were sales 83 , down of 21212.6 are % running from 9510.5 in March % behind of
100
2017 last and year 33.9 ' s year-to-date % higher than sales the of 62237 sales . last month . March
2018 sales were at their lowest level compared to March of 2017
120
80
and 2016 . March YTD sales of 212 are running 10.5 % behind
100
last year ' s year-to-date sales of 237 .
60
80
40
60
40
20
Agent Name

Aventura Title

Phone Website Other

Community Information | School District

Number of Properties Sold
20
0
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
0
15
16
17
18
Prices
The Median Sales Price in March was $ 302,000 , down 5.6 %
Prices from $ 320,000 in March of 2017 and down 0.9 % from
The
$ 304,700 Median last Sales month Price . in The March Average was $ Sales 302,000 Price , down in March 5.6 % was
600 from
$ 471,258 $ 320,000 , down in 2.4 March % from of 2017 $ 482,706 and down in March 0.9 % from of 2017 and up
$
15.6 304,700 % from last $ month 407,702 . The last Average month Sales . March Price 2018 in March ASP was at the
550
A
M J
15
600
550
500
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ lowest 471,258 level , down compared 2.4 % from to $ March 482,706 of in 2017 March and of 2016 2017 . and up
15.6 % from $ 407,702 last month . March 2018 ASP was at the
500
450
lowest level compared to March of 2017 and 2016 .
450
400
400 350
350 300
116 99 107 117 92 81
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 84 67 62 83
300
250
250
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
15 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 M
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 March
The was Total 1,628 Inventory , down 0.5 of % Properties from 1,636 available last month for sale and as down of March 4.1 %
1,800 was from 1,628 1,698 , down in March 0.5 % from of last 1,636 year last . March month 2018 and down Inventory 4.1 % was at
1,8001,600 from a mid 1,698 level in compared March of last with year March . March of 2017 2018 and Inventory 2016 . was at
1,6001,400 a mid level compared with March 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 March 2018 MSI of 19.6 higher MSI is better for buyers . The March 2018 MSI of 19.6
400 months was at its highest level compared with March of 2017 months was at its highest level compared with March of 2017
200 and 2016 . and 2016 .
0
800
20.0
600
15.0
400
10.0
200
5.0
0
0.0
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 A S O N D J
F M
15
16
17
18
15
16
17
18
15.0
10.0
5.0
0.0
97 87
1,245 1,253
1,267 1,245
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
Number of Properties Sold
95 90 88 79 80
1,478 1,520 1,546 1,568 1,578 1,554 1,560 1,578 1,572
82 75
1,478 1,520 1,546 1,568 1,578 1,554 1,560 1,578 1,572 71 74 64 80 62 95 74 89 99 85 89 62
1,609
1,577 1,691 1,693 1,698 1,688 1,671 1,636 1,617 1,604 1,574 1,632 1,611 1,571 1,595 1,636 1,628
3 Mo Avg
53 75
1,609
1,577 1,691 1,693 1,698 1,688 1,671 1,636 1,617 1,604 1,574 1,632 1,611 1,571 1,595
84
3 Mo Avg
67
1,636
1,628 62 83
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 .