FL ARCHIVED September 2017 | Page 102

Market Action Report September 2017
Community Information | School District
Market Action Report September 2017

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
$ 449,000
1 %
2 %
Average List Price of all Current Listings
$ 669,869
-1%
-1%
September Median Sales Price
$ 292,000
0 %
0 %
-21%
-4%
$ 300,000
-4%
-2%
September Average Sales Price
$ 387,413
1 %
0 %
-28% -11%
$ 401,202
-12%
-8%
Total Properties Currently for Sale ( Inventory )
1,555
-2%
-1%
September Number of Properties Sold
54 -36%
-28%
722
-2%
September Average Days on Market ( Solds )
141
7 %
5 %
25 %
14 %
140
14 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 310
-5%
-3%
-5%
-3%
$ 311
-5%
-3%
September Sold Price per Square Foot
$ 249
-1%
-1%
-12%
-3%
$ 251
-5%
-3%
September Month ' s Supply of Inventory
28.8
54 %
30 %
38 %
45 %
21.2
13 %
7 %
September Sale Price vs List Price Ratio
87.6 % -2.7% -. 8 % -1.5% -1.8%
88.4 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
September Property sales were 54 , down 28.0 % from 75 in
September of 2016 and 36.5 % lower than the 85 sales last
120
Property month . September Sales 2017 sales were at their lowest level
September compared Property to September sales were of 2016 54 , down and 2015 28.0 .% September from 75 in YTD
140
100
September sales of 722 of 2016 are running and 36.51.6 %% lower behind than last the year 85 sales ' s year-to-date last month sales . of September 734 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD sales of 722 are running 1.6 % behind last year ' s year-to-date sales of 734 .
120
100
80
80
60
40
60
20
40
Agent Name

Aventura Title

Phone Website Other

Community Information | School District

Number of Properties Sold
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in September was $ 292,000 , down
Prices
21.1 % from $ 370,000 in September of 2016 and equal to
The
$ 292,000 Median last Sales month Price . in The September Average was Sales $ 292,000 Price in , down September
600
21.1 was % $ from 387,413 $ 370,000 , down in 27.8 September % from of $ 536,687 2016 and in equal September to of 2016
$ and 292,000 up 1.4 last % month from $ . 381,926 The Average last month Sales Price . September in September 2017 ASP
550
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
600
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
3 Mo Avg
was was $ 387,413 at the lowest , down level 27.8 compared % from $ 536,687 to September in September of 2016 of and 2016 and
2015 up . 1.4 % from $ 381,926 last month . September 2017 ASP was at the lowest level compared to September of 2016 and
500
450
450
400
2015 .
400
350
350 300
126 89 97 80 85 114
126 89 97 80 85 114 115 97 105 117 92 80 95 87 84 74 76 94 89 86 79 79 82 75 71 73 64 79 62 95 74 89 99 85 85 54
300
250
250
O
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
14
15
16
17
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
J
A S
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 1,555 of Properties , down 2.3 available % from 1,592 for sale last as month of and
1,800
September down 0.8 % was from 1,555 1,567 , down in 2.3 September % from 1,592 of last last year month . September and
1,8001,600 down 20170.8 Inventory % from 1,567 was at in a September mid level compared of last year . with September of
1,6001,400
2017
2016 Inventory and 2015 was . at a mid level compared with September of
1,4001,200
2016 and 2015 .
1,2001,000
1,000
800
Total Inventory & Month ' s Supply of Inventory ( MSI )
35.0
30.0
25.0
20.0
35.0
30.0
25.0
20.0
15.0
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 September 2017 MSI of higher MSI is better for buyers . The September 2017 MSI of
400
28.8 months was at its highest level compared with September
28.8 months was at its highest level compared with September
200 of 2016 and 2015 . of 2016 and 2015 .
0
600
15.0
400
10.0
200
5.0
0
0.0
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 A S
14
15
16
17
14
15
16
17
10.0
5.0
0.0
115 97 105 117 92
1,215 1,232 1,178 1,220 1,246 1,251 1,238 1,244 1,256 1,226 1,219 1,221 1,275 1,329 1,337
Number of Properties Sold
80 95
1,215 1,232 1,178 1,220 1,246 1,251 1,238 1,244 1,256 1,226 1,219 1,221 1,275
87 84 74
1,329 1,337
1,433
76 94 89 86 79
1,433 1,461 1,509 1,533 1,558 1,572 1,544 1,550 1,567 1,561 79 82
1,461 1,509 1,533 1,558 1,572 1,544 1,550 1,567 75 71 73 64 79 62 95
1,599
1,566 1,686 1,687 1,689 1,685 1,664 1,630 1,608 1,592 1,555
3 Mo Avg
74 89
1,561 1,599 1,566 1,686 1,687 1,689 1,685 1,664 1,630 1,608
99
3 Mo Avg
85
1,592
1,555 85 54
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
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 Assoc
102 | c o l d w e l l b a n k e r h o m e s . c o m 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 .