FL ARCHIVED March 2018 | Page 204

Community Information | School District
Market Action Report March 2018

City : Aventura Price Range : All | Properties : SFH - Con

Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for March was 139 , down 9.7 % from 154 days last month and up 9.4 % from 127 days in March of last year . The March 2018 DOM was at a mid level compared with March of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2018 Selling Price per Square Foot of $ 256 was up 4.0 % from $ 246 last month and down 1.7 % from 260 in March of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2018 Selling Price vs Original List Price of 89.2 % was down from 89.9 % last month and up from 89.0 % in March of last year .
Agent Name

Aventura

Title
Phone Website Other

Community Information | School District

Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
Days On Market for Sold Properties
180
160
139
140
128
127
120
100
80
60
40
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
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
300 290 280 270 260 250 240 230 220 210 200
95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 % 86 % 85 % 84 %
800 600 400 200
0
261 260
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
1,245 1,253 1,267 1,237 1,229 1,232 1,283 1,354
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
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 Association of REALTORS 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 .
1,356 1,451 1,478
88.7 %
1,520 1,546 1,568 1,578 1,554 1,560 1,578 1,572 1,609 1,577 1,691 1,693
256
89.0 % 89.2 %
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales . The graph
1,800
shows the basic annual seasonality of the market as well as the
1,600
relationship between these items . The number of New Listings
1,400
in March 2018 was 228 , down 13.0 % from 262 last month and down 18.9 % from 281 in March of last year .
1,200
1,000
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
1,698 1,688 1,671 1,636 1,617 1,604 1,574 1,632 1,611
3 Mo Avg
3 Mo Avg
1,571 1,595 1,636 1,628
c o l d w e l l b a n k e r h o m e s . c o m | 103 ciation of REALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may