Is Aventura, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Aventura was a Seller's Market.
Housing Prices in Aventura, FL
How much do homes in Aventura, FL cost?
Median Sold Price
$491,733
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Aventura was $491,733 in May 2024, down 1.1% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $250K | -2.0% |
2 Bedrooms | $460K | $465K | +1.1% |
3 Bedrooms | $835K | $850K | +1.8% |
4 Bedrooms | $1.9M | $1.8M | -3.9% |
5+ Bedrooms | $3.0M | $2.4M | -20.0% |
Summary: Aventura housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
Sunny Isles Beach | $782.6K | $902.5K | +15.3% |
Aventura | $497.2K | $491.7K | -1.1% |
Hallandale | $325K | $315K | -3.1% |
Hallandale Beach | $325.4K | $315K | -3.2% |
Housing Supply in Aventura, FL
How many homes are available in Aventura, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,055 | 1,116 | +5.8% |
Summary: The Aventura real estate market had 1,116 homes for sale in May 2024, a 5.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 156 | 167 | +7.1% |
2 Bedrooms | 573 | 612 | +6.8% |
3 Bedrooms | 248 | 256 | +3.2% |
4 Bedrooms | 60 | 56 | -6.7% |
5+ Bedrooms | 18 | 25 | +38.9% |
Summary: The Aventura housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 38.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
100 | 72 | -28.0% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in Aventura in May 2024, down by 28.0% month-over-month. Of the 72 sold homes, 93% were sold under asking, 1% were sold at asking, and 6% were sold over asking.
Days on Market for Aventura, FL
How long does it take to sell a home in Aventura, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
89 Days | 102 Days | +14.4% |
Summary: Homes in Aventura had an average of 102 days on market in May 2024, up by 14.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During May 2024, 72 homes were sold in Aventura; 21% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.