Florida Market Viewpoint June 2017 - Page 102

Market Action Report City: Aventura Aventura Agent Name Title Phone Agent Name Website Title Other June 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 $435,118 1% -1% Other $670,695 Trending 2% versus*: -2% Month LM 1% L3M -1% PYM -4% LY $307,500 $435,118 1% 4% -3% -1% -12% $410,957 $670,695 1,609 2% -2% -2% 2% $307,500 1% -1% -4% 19% 1% 94 7% $410,957 125 4% -26% -3% -13% -12% -6% -6% 1,609 -2% 2% $317 -2% 1% -4% 94 7% 19% $248 0% -1% -8% 125 -26% -13% -6% 1% 17.1 -9% -12% -14% $317 -2% 1% -4% -1% 87.8% -.6% -.5% -1.6% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot $248 0% -1% -8% 17.1 -9% -12% -14% 87.8% -.6% -.5% -1.6% June 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 June Property sales were 94, up 19.0% from 79 in June of 2016 and 6.8% higher than the 88 sales last month. June 2017 sales 120 Property Sales were at a mid level compared to June of 2016 and 2015. June 140 June were 94, up 19.0% from 79 last in June 2016 100 YTD Property sales of sales 492 are running 1.2% behind year's of year-to- and 6.8% higher than the 88 sales last month. June 2017 sales 120 date sales of 498. 80 were at a mid level compared to June of 2016 and 2015. June 100 0% 492 -9% 142 -1% $310 492 -1% -4% $251 142 17% -14% 20.8 $310 -5% -1.6% 88.3% 2% -6% -1% 2% 17% -6% -5% -5% 15% 13% -3% -2% 15% -3% -3% 5% -1% 3 Mo Avg 3 Mo Avg 80 0 20 20 40 40 60 Prices 14 15 600 16 76 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 14 15 16 17 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 Median Sales Price and Average Sales Price 0 $394,818 last month. June 2017 ASP was at the lowest level compared to June of 2016 and 2015. $310,000 1% $410,994 -9% 60 80 The Median Sales Price in June was $307,500, down 3.9% from Prices $320,000 in June of 2016 and up 1.5% from $303,000 last The Median Sales Price Sales in June was in $307,500, 3.9% from month. The Average Price June was down $410,957, down 600 $320,000 in June of 2016 and up last 11.6% from $464,699 in June of 1.5% 2016 from and $303,000 up 4.1% from month. The last Average Sales Price in June down $394,818 month. June 2017 ASP was was $410,957, at the lowest level 550 11.6% from $464,699 June and of 2016 and up 4.1% from compared to June of in 2016 2015. $410,994 Number of Properties Sold YTD sales of 492 are running 1.2% behind last year's year-to- date sales of 498. Trending versus*: YTD Prior YTD 0% Prior Year $310,000 1% -6% -4% $251 -5% -3% -14% 20.8 13% 5% Number of 88.3% Properties -1.6% -2% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Aventura June 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 550 500 500 450 450 400 400 350 350 300 300 250 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 250 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 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 2015. 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 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 M J 14 15 16 17 14 102 | c 30.0 The Total Inventory Inventory & MSI of Properties available for sale as of June 1,800 was Total 1,609, down 2.5% from 1,650 last month and The Inventory of Properties available for sale as up of 2.2% June from 1,800 1,600 1,575 in June last from year. 1,650 June last 2017 Inventory at from its highest was 1,609, down of 2.5% month and up was 2.2% 1,575 June of last year. June 2017 Inventory level in compared with June of 2016 and 2015. was at its highest 1,600 1,400 1,400 1,200 level compared with June 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 MSI is better for buyers. June 2017 MSI while of 17.1 a 400 200 higher MSI is better for level buyers. The June 2017 MSI of of 2016 17.1 and months was at a mid compared with June 200 months 0 2015. was at a mid level compared with June of 2016 and 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.