8/4/2019 Ekaterina Bazyka Exec Summary [SF] MIAMI BEACH 33140

1/1

70 07903

2654.0 74

3.0

0

226

4.0 39

224

0

1

0.50 - 1.0acre

71

$ 995,000

4

2

39

9.0

6,501 -8,000 sqft

05.0

23676,501 -

8,000 sqft

38

$ 599,000

5.0

288

0.25 - 0.50acre$ 1,772,500

7.0$ 8,550,000

71

2

4145

The market for this zip code continues its bounce again thisweek. We're a long way from the market's high point so watthe Market Action Index to predict how long this trend will l

In terms of supply and demand, the market is getting cooler - moresupply is coming on the market relative to the sales demand.

However, in recent weeks prices have been moving higher. Since it istechnically a Buyer's market, this price trend may be a result ofimproved quality (newer, larger homes) of the homes being listed.Look at the descriptive statistics where you may notice the homesbeing listed are larger and younger than they have been in the past.

The Market Action Index has been trending down lately, whileinventory and days-on-market are climbing. The trends imply aweakening market.

MIAMI BEACH, FL 33140Ekaterina Bazyka'sExecutive Summary

38

2682

3.0

Monday September 19, 2011

The median list price in MIAMI BEACH, FL 33140 this week is$1,372,500.

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 Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

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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Single Family Homes

Median Lot Size

14.3

Percent Relisted (reset DOM)

3404

4.0

4 %

Median Number of Bathrooms

250

Median List Price

Average Days on Market (DOM)

$ 416

Percent Flip (price increased)

8,001 - 10,000 sqft

Median House Size (sq ft)

$ 1,372,500

18 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

5 %

Percent of Properties with Price Decrease

Strong Buyer's

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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

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

7-Day Rolling Average 90-Day Rolling Average