Is Aventura, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aventura is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Aventura has remained a Buyer'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

$494,441

$381/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$11,129(+2.3%)

Key Takeaway

Homes in Aventura have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Aventura was $494,441 in February 2024, up 2.3% from last year, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $251K$250K
-0.4%
2 $446.4K$470K
+5.3%
3 $825.8K$847.5K
+2.6%
4 $1.8M$1.8M
0.1%
5+ $4.1M$2.4M
-39.6%

Summary: Aventura housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 39.6%.

Median Sold Price Compared To Nearby Cities

Golden Beach
+11.8%
Sunny Isles Beach
+3.1%
Aventura
+2.3%
Hallandale
0.3%
Hallandale Beach
0.1%

Housing Supply in Aventura, FL

How many homes are available in Aventura, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
9421,079+14.5%

Summary: The Aventura real estate market had 1,079 homes for sale in February 2024, a 14.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 122144
+18.0%
2 537611
+13.8%
3 214245
+14.5%
4 5660
+7.1%
5+ 1319
+46.2%

Summary: The Aventura housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 46.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
7167-5.6%

Asking Price vs. Sold Price

58 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aventura, you may be able to get a good deal. 86.6% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Aventura in February 2024, down by 5.6% month-over-month. Of the 67 sold homes, 87% were sold under asking, 9% were sold at asking, and 4% 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

Feb 2023Feb 2024CHANGE
70 Days82 Days+17.6%

Summary: Homes in Aventura had an average of 82 days on market in Feb 2024, up by 17.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Aventura has remained consistent over time.

Summary: During February 2024, 67 homes were sold in Aventura; 21% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Aventura, FL

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