Florida Market Viewpoint April 2017 - Page 104

Market Action Report City: Aventura Aventura Agent Name Title Phone Agent Name Website Title Other April 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 Trending versus*: Prior YTD Prior Year YTD $429,000 1% -0% Other $665,990 Trending 0% versus*: -2% Trending versus*: Month LM -5% L3M -2% PYM -5% LY -1% YTD Prior YTD -1% Prior Year $302,500 $310,000 $429,000 1% -19% -5% -0% -5% -10% $392,266 $414,354 -11% $665,990 1,640 0% -1% -2% 7% $302,500 -5% -2% -5% -21% -1% $310,000 -1% -8% 2% 70 -26% 305 $392,266 164 -19% 29% -5% 18% -5% 22% -10% 32% $414,354 -11% 139 15% -5% 1,640 -1% 7% $313 -1% 1% 0% -2% $310 -6% 70 -26% -21% 305 -8% $245 -7% -3% -6% -5% $252 -6% 164 29% 18% 22% 32% 139 15% 12% 23.4 35% 3% 36% 19% 22.3 24% $313 -1% 1% 0% -2% $310 -6% -3% 87.5% -1.7% -1.0% -3.2% -2.0% 88.4% -2% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot 2% -5% 12% -3% -2% 13% -1% $245 -7% -3% -6% -5% $252 -6% -2% 23.4 35% 3% 36% 19% 22.3 24% 13% Number of 88.4% Properties 87.5% -1.7% -1.0% -3.2% -2.0% -2% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April 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 April Property sales were 70, down 21.3% from 89 in April of 2016 and 26.3% lower than the 95 sales last month. April 2017 120 Property sales were Sales at their lowest level compared to April of 2016 and 140 April Property sales sales were of 70, down from 89 in April of 100 2015. April YTD 305 are 21.3% running 8.4% behind last 2016 and 26.3% lower sales than of the 95 sales last month. April 2017 120 year's year-to-date 333. 80 sales were at their lowest level compared to April of 2016 and 100 117 0 20 20 40 40 60 Prices 14 600 15 16 84 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 14 15 16 17 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 0 $482,706 last month. April 2017 ASP was at the lowest level compared to April of 2016 and 2015. 3 Mo Avg 60 80 The Median Sales Price in April was $302,500, down 5.5% from Prices $320,000 in April of 2016 and down 5.5% from $320,000 last The Median Sales Price Sales in April was in $302,500, 5.5% from month. The Average Price April was down $392,266, down 600 $320,000 in $414,488 April of 2016 and down 5.5% from $320,000 last 5.4% from in April of 2016 and down 18.7% from month. The last Average Sales Price 2017 in April down $482,706 month. April ASP was was $392,266, at the lowest level 550 5.4% from $414,488 in 2016 April of 2016 and down 18.7% from compared to April of and 2015. Number of Properties Sold 2015. April YTD sales of 305 are running 8.4% behind last year's year-to-date sales of 333. 3 Mo Avg Market Action Report City: Aventura April 2017 17 Median Sales Price and Average Sales Price 3 Mo Avg 550 500 500 450 450 400 400 350 350 300 300 250 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 250 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 30.0 30.0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 1,640, down 0.8% from 1,653 last month and 6.9% from 1,800 The Inventory of Properties available for sale as up of April 1,800 1,600 1,534 in April last from year. 1,653 April last 2017 Inventory at from its was 1,640, down of 0.8% month and up was 6.9% 1,600 1,400 1,534 in April last year. with April April 2017 of Inventory was at its highest level of compared 2016 and 2015. 1,400 1,200 highest level compared with April 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 sellers a MSI is better for buyers. April for 2017 MSI while of 23.4 400 200 higher MSI is better for buyers. April 2017 MSI of 23.4 months was at its highest level The compared with April of 2016 and 200 months 0 2015. was at its highest level compared with April of 2016 and 0 2015. 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 . 20.0 25.0 20.0 15.0 10.0 5.0 0.0 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 A 14 15 16 17 14 104 | c 25.0 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.