Is Aventura, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Aventura was a Seller's Market.
Key Takeaway
Aventura is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Aventura, FL
How much do homes in Aventura, FL cost?
Median Sold Price
$488,125
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Aventura have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Aventura was $488,125 in June 2024, down 2.3% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $245K | -3.9% |
| 2 Bedrooms | $460K | $464K | +0.9% |
| 3 Bedrooms | $820K | $870K | +6.1% |
| 4 Bedrooms | $1.9M | $1.8M | -3.8% |
| 5+ Bedrooms | $3.0M | $2.5M | -16.6% |
Summary: Aventura housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 16.6%.
Median Sold Price Compared To Nearby Cities
| Sunny Isles Beach | $781.6K | $890.6K | +13.9% |
| Aventura | $499.8K | $488.1K | -2.3% |
| Hallandale | $325.6K | $315K | -3.3% |
| Hallandale Beach | $325.9K | $315K | -3.4% |
Housing Supply in Aventura, FL
How many homes are available in Aventura, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1,021 | 1,098 | +7.5% |
Summary: The Aventura real estate market had 1,098 homes for sale in June 2024, a 7.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 148 | 151 | +2.0% |
| 2 Bedrooms | 560 | 603 | +7.7% |
| 3 Bedrooms | 238 | 266 | +11.8% |
| 4 Bedrooms | 53 | 55 | +3.8% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Aventura housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 81 | 75 | -7.4% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Aventura, you may be able to get a good deal. 90.7% of homes here sold below asking price last month.
Summary: A total of 75 homes were sold or pending in Aventura in June 2024, down by 7.4% month-over-month. Of the 75 sold homes, 91% were sold under asking, 8% were sold at asking, and 1% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 90 Days | 121 Days | +34.5% |
Summary: Homes in Aventura had an average of 121 days on market in Jun 2024, up by 34.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Aventura are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During June 2024, 75 homes were sold in Aventura; 24% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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