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Green Living Tips
Give me 5 minutes and I will tell you what’s happening with Aventura Condo Sales.
Aventura Condo Sales for December 2008 – Market Report
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- Turnberry on the Green
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- PENINSULA I & II
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- THE POINT IN AVENTURA
This report is for condos ranging between
$100,000 to $250,000
|
YEAR |
# Of Homes Sold |
Pended Sales |
Available for Sale |
Average DOM Days on the Market |
Median Sales Price |
|
2008 |
106 |
39 |
204 |
62.75 |
$179,950 |
|
2007 |
96 |
5 |
25 |
146.17 |
$190,975 |
The number of condos in the $100,000 t $250,000 sold this year ended up 106, ahead of 2007 sales numbers. 2008 will go up as a the beginning of the upturn for sales in Aventura since the condo crisis began.
While bank owned properties may be driving real estate prices downward, there continue to be buyers ready & willing to jump on the opportunity to buy them.
If you want to sell your Aventura Condo in this market, you need to price it like a bank owned property.
* Note: The chart above represents condo sales in the Aventura area. These numbers do not include raw land or single family homes nor does not include condo in the South Florida MLS that are located out of the Aventura area.
