Is Aventura, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$500,000
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Aventura has remained the same since last year.
Summary: The median home sold price in Aventura was $500,000 in April 2024, up 0.4% from last year, and the median price per square foot was $383.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $256K | $250K | -2.3% |
| 2 Bedrooms | $455K | $467.3K | +2.7% |
| 3 Bedrooms | $835K | $853.7K | +2.2% |
| 4 Bedrooms | $1.9M | $1.8M | -5.4% |
| 5+ Bedrooms | $3.0M | $2.4M | -20.0% |
Summary: Aventura housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
| Sunny Isles Beach | $777.5K | $912.3K | +17.3% |
| Hallandale | $320K | $321.5K | 0.5% |
| Aventura | $498.1K | $500K | 0.4% |
| Hallandale Beach | $320K | $321.2K | 0.4% |
Housing Supply in Aventura, FL
How many homes are available in Aventura, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,018 | 1,135 | +11.5% |
Summary: The Aventura real estate market had 1,135 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 141 | 158 | +12.1% |
| 2 Bedrooms | 558 | 623 | +11.6% |
| 3 Bedrooms | 246 | 274 | +11.4% |
| 4 Bedrooms | 59 | 61 | +3.4% |
| 5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Aventura housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 68 | 89 | +30.9% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Aventura, you may be able to get a good deal. 85.4% of homes here sold below asking price last month.
Summary: A total of 89 homes were sold or pending in Aventura in April 2024, up by 30.9% month-over-month. Of the 89 sold homes, 85% were sold under asking, 8% were sold at asking, and 7% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 92 Days | 94 Days | +1.5% |
Summary: Homes in Aventura had an average of 94 days on market in Apr 2024, up by 1.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Aventura has remained consistent over time.
Summary: During April 2024, 89 homes were sold in Aventura; 22% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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