ekaterina bazyka exec summary [sf] north miami beach 33160

Upload: ekaterina-bazyka-realtor-miami

Post on 07-Apr-2018

215 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/4/2019 Ekaterina Bazyka Exec Summary [SF] NORTH MIAMI BEACH 33160

    1/1

    10 06671

    3344.0 24

    4.0

    1

    360

    4.5 26

    280

    0

    0

    0.25 - 0.50acre

    51

    $ 1,372,500

    0

    0

    27

    7.0

    8,001 -10,000 sqft

    15.0

    27846,501 -

    8,000 sqft

    26

    $ 699,000

    5.0

    336

    0.25 - 0.50acre$ 2,159,888

    5.5$ 4,982,500

    16

    1

    4479

    Again this week in this zip code we see a downward notch foprices. Pricing has been weak in recent weeks and versus thabsolute-high level. At this point, we will be looking for apersistent upward shift in the Market Action Index as a leadindicator for a trough in prices.

    The market has settled in at a relative stasis in inventory and salesconditions. It's a Buyer's market that has seen prices trend lower.

    Expect that consistent up trends in demand will be required beforeprice trends change significantly.

    The Market Action Index has been basically flat recently, and days-on-market decreasing, there are not strong signals for the directionof the market.

    NORTH MIAMI BEACH, FLEkaterina Bazyka'sExecutive Summary

    26

    3487

    3.0

    Monday September 12, 2011

    The median list price in NORTH MIAMI BEACH, FL 33160 - Aventurathis week is $1,600,000.

    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 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

    + ==

    =

    Powered by Altos Research LLC | www.altosresearch.com | Copyright 2010 Altos Research LLC

    Single Family Homes

    Median Lot Size

    10.9

    Percent Relisted (reset DOM)

    3833

    5.0

    4 %

    Median Number of Bathrooms

    327

    Median List Price

    Average Days on Market (DOM)

    $ 444

    Percent Flip (price increased)

    0.25 - 0.50 acre

    Median House Size (sq ft)

    $ 1,600,000

    20 %

    5.0

    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

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

    7-Day Rolling Average 90-Day Rolling Average