8/4/2019 Ekaterina Bazyka Exec Summary [Condo] MIAMI BEACH

1/1

9 131960

2252.0 43

1.0

25

263

1.0 639

205

19

36

47

$ 265,900

26

22

639

3.0

282.0

662

639

$ 138,000

2.0

296

$ 495,000

2.0$ 1,425,000

20

47

1150

Despite this week's up tic, the market seems to have pausedaround this plateau. The Market Action Index is a good leadindicator for the durability of this shift.

The Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continues

to grow relative to demand however, it is likely that we will seedownward pressure on pricing.

With inventory and days-on-market basically unchanged and theMarket Action Index decreasing, the market is not sending strongdirectional signal for the near-term outlook.

MIAMI BEACH, FLEkaterina Bazyka'sExecutive Summary

638

900

1.0

Monday September 12, 2011

The median list price in MIAMI BEACH, FL this week is $360,000.

Investigate the market in quartwhere each quartile is 25% of hordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

No change Strong upward trend Strong downward t

Slight upward trend Slight downward tr

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=

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Condos - Townhomes - TICs

19.6

Percent Relisted (reset DOM)

1030

2.0

6 %

Median Number of Bathrooms

247

Median List Price

Average Days on Market (DOM)

$ 380

Percent Flip (price increased)

Median House Size (sq ft)

$ 360,000

16 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

5 %

Percent of Properties with Price Decrease

Strong Buyer's

+

==

+

ttom/Fourth

Lower/Third

pper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Tren

Price

Price T

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average