FL ARCHIVED May 2017 | Page 104

Market Action Report City: Aventura Aventura Agent Name Title Phone Agent Name Website Title Other May 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 2% 1% Other $666,062 Trending 1% versus*: -2% Month LM 5% L3M 0% PYM 11% LY $315,000 $435,118 2% 1% -5% 1% 6% $403,744 $666,062 1,627 1% -2% -2% 4% $315,000 5% 0% 11% -5% 3% 82 12% $403,744 169 1% 4% -5% 17% 6% 54% -7% 1,627 -2% 4% $322 4% 2% 1% 82 12% -5% $248 1% -2% -2% 169 4% 17% 54% 36% 19.8 -13% -1% 9% $322 4% 2% 1% 0% 88.2% .8% -.3% -1.6% Average List Price of all Current Listings Market Profile & Trends May Median Sales Price Overview Median List Price of all Current Listings May Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) May Sales Price May Median Number of Properties Sold May Average Sales Price May Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) May Number of Properties Sold May Sold Price per Square Foot May Average Days on Market (Solds) May Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) May Sale Pr ice vs List Price Ratio May Sold Price per Square Foot $248 1% -2% -2% 19.8 -13% -1% 9% 88.2% .8% -.3% -1.6% May 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 May Property sales were 82, down 4.7% from 86 in May of 2016 and 12.3% higher than the 73 sales last month. May 2017 sales 120 Property Sales were at their lowest level compared to May of 2016 and 2015. 140 May sales 82, running down 4.7% from 86 in last May year's of 2016 100 May Property YTD sales of were 391 are 6.7% behind year- and 12.3% sales higher than the 73 sales last month. May 2017 sales 120 to-date of 419. 80 were at their lowest level compared to May of 2016 and 2015. 100 1% 391 -7% 145 0% $311 391 -7% -4% $251 145 22% 0% 21.7 $311 -5% -1.2% 88.4% 2% -5% -7% 2% 22% -5% -5% -5% 17% 20% -3% -2% 17% -3% -3% 10% -1% 3 Mo Avg 3 Mo Avg 92 0 20 20 40 40 60 Prices 14 15 600 16 74 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 14 15 16 17 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 Median Sales Price and Average Sales Price 3 Mo Avg 0 month. May 2017 ASP was at a mid range compared to May of 2016 and 2015. $310,000 $413,607 36% -7% 60 80 The Median Sales Price in May was $315,000, up 10.5% from Prices $285,000 in May of 2016 and up 5.0% from $300,000 last The Median Sales Price Sales in May Price was $315,000, 10.5% from month. The Average in May was up $403,744, up 6.3% 600 $285,000 in May in of May 2016 of and up and 5.0% up from $300,000 last from $379,834 2016 1.1% from $399,231 last month. Average Sales was Price May range was $403,744, up to 6.3% month. The May 2017 ASP at in a mid compared May of 550 from in May of 2016 and up 1.1% from $399,231 last 2016 $379,834 and 2015. $413,607 Number of Properties Sold May YTD sales of 391 are running 6.7% behind last year's year- to-date sales of 419. Trending versus*: YTD Prior YTD 1% Prior Year $310,000 3% -7% -4% $251 -5% -3% 0% 21.7 20% 10% Number of 88.4% Properties -1.2% -2% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date May Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Aventura May 2017 17 Median Sales Price and Average Sales Price 3 Mo Avg 550 500 500 450 450 400 400 350 350 300 300 250 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 250 15 A M J J A S O N D J F M 16 J J 14 A S O N D J F M A M J J A S O N D J F M A 17 M 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 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 14 15 16 17 14 104 | c 30.0 The Total Inventory Inventory & MSI of Properties available for sale as of May 1,800 was Total 1,627, down 2.2% from 1,663 last month and The Inventory of Properties available for sale as up of 4.3% May from 1,800 1,600 1,560 in May last from year. 1,663 May last 2017 month Inventory was at its highest was 1,627, down of 2.2% and up 4.3% from 1,560 May of last year. May 2017 Inventory level in compared with May of 2016 and 2015. was at its highest 1,600 1,400 1,400 1,200 level compared with May 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 while MSI is better for buyers. May 2017 MSI of 19.8 a 400 200 higher MSI is better for buyers. May 2017 MSI May of 19.8 months was at its highest level The compared with of 2016 and 200 months 0 2015. was at its highest level compared with May 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.