FL ARCHIVED January 2018 | Page 102

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 445,000
1 %
4 %
Average List Price of all Current Listings
$ 663,466
-1%
-1%
January Median Sales Price
$ 317,500
-1%
-1%
15 %
4 %
$ 317,500
15 %
4 %
January Average Sales Price
$ 432,230
1 %
5 %
20 %
8 %
$ 432,230
20 %
8 %
Total Properties Currently for Sale ( Inventory )
1,587
1 %
-6%
January Number of Properties Sold
63 -23%
-21%
63
-21%
January Average Days on Market ( Solds )
131
-3%
-5% -10%
-6%
131
-10%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 317
-2%
0 %
11 %
4 %
$ 317
11 %
4 %
January Sold Price per Square Foot
$ 254
1 %
2 %
7 %
3 %
$ 254
7 %
3 %
January Month ' s Supply of Inventory
25.2
32 %
15 %
19 %
17 %
25.2
19 %
17 %
January Sale Price vs List Price Ratio
89.1 %
. 5 %
. 2 %
1.3 %
. 6 %
89.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
140
January Property sales were 63 , down 21.3 % from 80 in January
of 2017 and 23.2 % lower than the 82 sales last month . January
120
Property
2018 sales Sales were at their lowest level compared to January of
140
January
2017 and Property 2016 . sales January were YTD 63 , down sales 21.3 of 63 % are from running 80 January 21.3 %
100
of behind 2017 and last 23.2 year %' s lower year-to-date than the sales 82 sales of 80 last . month . January
2018 sales were at their lowest level compared to January of
120
80
2017 and 2016 . January YTD sales of 63 are running 21.3 %
100
behind last year ' s year-to-date sales of 80 .
60
80
40
60
40
20
Agent Name

Aventura Title

Phone Website Other

Community Information | School District

Number of Properties Sold
20
0
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 317,500 , up 15.0 %
Prices from $ 276,000 in January of 2017 and down 0.8 % from
The
$ 320,000 Median last Sales month Price . in The January Average was Sales $ 317,500 Price , up in 15.0 January % was
600 from
$ 432,230 $ 276,000 , up in 20.5 January % from of $ 2017 358,724 and in down January 0.8 % of from 2017 and up
$
0.7 320,000 % from last $ 429,285 month . The last Average month . Sales January Price 2018 in January ASP was was at a
550
F
M A M J
15
600
550
500
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ mid 432,230 range , up compared 20.5 % from to January $ 358,724 of in 2017 January and of 2016 2017 . and up
0.7 % from $ 429,285 last month . January 2018 ASP was at a
500
450
mid range compared to January of 2017 and 2016 .
450
400
400 350
350 300
85 117 116 99 107 117
85 117 116 99 107 117 92 81 97 87 86 75 77 95 90 88 79 80 82 75 71 74 64 80 62 95 74 89 99 85 89 62 53 75 82 63
300 250 250
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
15 A M J J A S O N D J F M
16 A M J J A S O N D J F M
17 A M J J A S O N D J
18
15 16
17 18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 1,587 of , up Properties 1.2 % from available 1,568 last for sale month as of and down 1,800
35.0
January 6.3 % from was 1,694 1,587 , in up January 1.2 % from of 1,568 last year last . month January and 2018 down 1,8001,600
35.0 30.0
6.3 Inventory % from 1,694 was at in a January mid level of last compared year . January with January 2018 of 2017 and 1,6001,400 30.0
Inventory was at a mid level compared with January of 2017 and 1,400
25.0 2016 .
1,200 25.0
2016 . 1,2001,000
20.0
1,000 800 20.0
15.0
A comparatively lower MSI is more beneficial for sellers while a
800 600 15.0
A comparatively lower MSI is more beneficial for sellers while a 600
10.0 higher MSI is better for buyers . The January 2018 MSI of 25.2 400
10.0 higher MSI is better for buyers . The January 2018 MSI of 25.2 400 months was at its highest level compared with January of 2017 200
5.0 months was at its highest level compared with January of 2017 200 5.0 and 2016 . 0
0.0 and 2016 .
0
0.0 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 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 15
16 17
18 15
16 17
18
92 81 97
1,253 1,258
1,246 1,253
1,254 1,258
1,268 1,246
1,238 1,254
1,230 1,268
1,233 1,238 1,284 1,230 1,355 1,233 1,357 1,284 1,452 87 86
Number of Properties Sold
75
1,355 1,357
1,452
77 95 90 88 79
1,479 1,521 1,547 1,570 1,580 1,556 1,562 1,580 1,575 80 82
1,479 1,521 1,547 1,570 1,580 1,556 1,562 1,580 75 71
1,575
1,612 74 64 80 62 95 74 89 99 85
1,612
1,580 1,694 1,695 1,700 1,691 1,675 1,640 1,621 1,606 1,576 1,634 1,610 1,568 1,587
3 Mo Avg
89 62
1,580 1,694 1,695 1,700 1,691 1,675 1,640 1,621 1,606 1,576 1,634 1,610
53
3 Mo Avg
75
1,568
1,587 82 63
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
102 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .