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Ekaterina Bazyka Exec Summary (SF) NORTH MIAMI BEACH 33160
Ekaterina Bazyka Exec Summary (SF) NORTH MIAMI BEACH 33160
This Week
The median list price in NORTH MIAMI BEACH, FL 33160 - Aventura this week is $1,650,000. Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.
Real-Time Market Profile Median List Price $ 1,650,000 Asking Price Per Square Foot $ 458 Average Days on Market (DOM) 330 Percent of Properties with Price Decrease 18 % Percent Relisted (reset DOM) 5% Percent Flip (price increased) 5% Median House Size (sq ft) 3911 Median Lot Size 0.25 - 0.50 acre Median Number of Bedrooms 5.0 Median Number of Bathrooms Market Action Index Strong Buyer's 5.0 10.3
Trend == == ==
No change
== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend
Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
Price Trends
Buyer/Seller Cutoff
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
Quartiles
Quartile Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size
0.25 - 0.50 acre 0.25 - 0.50 acre 0.25 - 0.50 acre 6,501 8,000 sqft
Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties
Beds
Baths
10 16 26 41
26 26 26 27
1 1 0 0
0 0 1 1
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