Real Green Trends
Aventura Real Estate – Condos Market Report December 2009
Neutral Outlook for the Aventura Condo Market for this second week of December 2009
Supply and Demand of Condos in the 33180 zip code
The Median List Price for Condos this week was of $349,000. Maintaining a relative balance as compared to past weeks.
As for the Asking Price per Square Foot, the same went down to $256.
The Average Days on the Market (DOM) is trending higher.
The Market Action Index indicates a Strong Buyer’s Market.
The Good News about the Aventura Market and Especially the Condos for Sale is that …
Condo sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market prices are not yet moving higher as excess inventory is consumed. As the supply and demand trends continue, the market moves into the Seller’s zone, and we are liketly to see upward pressure on pricing.
To receive more information, please sign up for a free market report and I will gladly assist you in marketing and selling your Property.
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6000 Island Blvd, Williams Island, Fl 33180
BELLA MARE
A four Bedrooms, 3.5 baths custom made residence in Williams Island with magnificent views of the Ocean, Intracoastal Waters and City. This is the most desirable line in Bella Mare featuring over 3500 Square Feet of luxury appointments including:
- private elevator
- marble floors
- 540 Sq.Ft balcony
- BOSE sound surround system
- custom made closets
- electronic solar shutters
- state-of-the-art kitchen
What makes this Bella Mare residence different from other units?
You will realize it the minute you walk in.
Seize this great opportunity of living in Bella Mare for just under $400 per square feet!
Do you want to learn more? Contact me now and I will arrange a private tour for you.
Give me 5 minutes and I will tell you what’s happening with Aventura Condo Sales.
Aventura Condo Sales for December 2008 – Market Report
- Turnberry on the Green
- PENINSULA I & II
- 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.








