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8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
1/251
MARKET UPDATEEkaterina Bazyka's
Current Real Estate Market Conditions for Single Family Homes
Trends in Pricing Current Levels of Supply and Demand
Value Metrics
Report for the week ofSeptember 19, 2011
Presented by Ekaterina BazykaLuxury Home Specialisthttp://www.luxmiamirealestate.com - [email protected]
MIAMI,
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2010 Altos Research LLC
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
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Median List Price
Median Lot Size
22.3
Percent Relisted (reset DOM)
1929
2.0
4 %
Median Number of Bathrooms
179
Inventory of Properties Listed
$ 125
Percent Flip (price increased)
6,501 - 8,000 sqft
Median House Size (sq ft)
$ 249,900
25 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %
Percent of Properties with Price Decrease
Strong Buyer's
+
+
+
+
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
28 383190
1682.0 39
3.0
110
161
3.0 998
170
76
101
0.25 - 0.50acre
57
$ 190,000
89
53
999
3.0
6,501 -8,000 sqft
752.0
13206,501 -
8,000 sqft
998
$ 94,900
4.0
216
6,501 -8,000 sqft$ 302,995
4.0$ 670,000
33
116
2174
With inventory and days-on-marketbasically unchanged and the MarketAction Index increasing, the market isnot sending strong directional signalfor the near-term outlook.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
998
1726
2.0
The median list price in MIAMI, FL thisweek is $249,900. The 3993
properties have been on the marketfor an average of 179 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI
City Overview
Least Expensive Listing
Average List Price
Average Age of Listing
3993
$ 16,500,000
$ 13,000
$ 386,866
40
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 2 of 251
Single Family Home
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
City OverviewMIAMI
Monday September 19, 2011
Median PriceThe market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability ofthis trend.
90-day Average7-day Average
Quartile PricesPrices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift(up or down) in the Market Action Index before prices move from these current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 3 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
City OverviewMIAMI
Monday September 19, 2011
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
Page 4 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
City OverviewMIAMI
Monday September 19, 2011
Market Action IndexThe MIAMI market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at22.33. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months ofinventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall marketshifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole group
changes.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
Page 5 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
City OverviewMIAMI
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 179 days. Half of the listings have come newly on the market in thepast 112 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 6 of 251
Single Family Hom
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Median List Price
Median Lot Size
20.9
Percent Relisted (reset DOM)
2590
3.0
0 %
Median Number of Bathrooms
247
Inventory of Properties Listed
$ 217
Percent Flip (price increased)
8,001 - 10,000 sqft
Median House Size (sq ft)
$ 595,000
19 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
0 %
Percent of Properties with Price Decrease
Strong Buyer's
+
==
==
==
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
21 04751
03.0 74
3.5
1
199
3.0 5
256
0
1
0.25 - 0.50acre
70
$ 499,500
0
0
6
6.0
8,001 -10,000 sqft
04.0
19838,001 -
10,000 sqft
5
$ 315,000
4.0
225
8,001 -10,000 sqft$ 670,000
5.0$ 2,150,000
71
0
3074
Even though the days-on-market istrending higher, so is the MarketAction Index at these inventorylevels, providing a neutral outlook forthe market.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
5
2432
2.0
The median list price in MIAMI, FL33129 this week is $595,000. The 21
properties have been on the marketfor an average of 247 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
21
$ 16,500,000
$ 230,000
$ 1,543,262
57
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 7 of 251
Single Family Home
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
8/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceIn this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice uptrend in general over the last several weeks.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 8 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
9/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootThe market appears to be placing an increasing premium on homes. When list prices and price per square foot consistentlyincrease in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market ActionIndex for persistent changes as a leading indicator for these trends to flatten or drop.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
Page 9 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
10/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33129 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 20.92. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
age 10 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
11/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 247 days. Half of the listings have come newly on the market in thepast 196 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 11 of 251
Single Family Hom
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Median List Price
Median Lot Size
17.5
Percent Relisted (reset DOM)
2586
3.0
4 %
Median Number of Bathrooms
228
Inventory of Properties Listed
$ 248
Percent Flip (price increased)
0.25 - 0.50 acre
Median House Size (sq ft)
$ 595,000
17 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
6 %
Percent of Properties with Price Decrease
Strong Buyer's
==
==
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
61 04406
1353.0 72
4.0
1
264
3.0 13
214
2
1
0.50 - 1.0acre
72
$ 465,000
3
1
14
5.0
8,001 -10,000 sqft
04.0
14524,501 -
6,500 sqft
13
$ 107,450
4.0
300
0.25 - 0.50acre$ 1,149,000
5.0$ 3,200,000
60
1
3021
Inventory is up and Market Action istrending down recently. While days-on-market appears to be trendinglower, the overall conditions areweakening a bit.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
13
2051
2.0
The median list price in MIAMI, FL33137 this week is $595,000. The 53
properties have been on the marketfor an average of 228 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
53
$ 8,500,000
$ 62,000
$ 1,365,736
66
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
age 12 of 251
Single Family Home
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
13/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceIn this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice uptrend in general over the last several weeks.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
age 13 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
14/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootThe market appears to be placing an increasing premium on homes. When list prices and price per square foot consistentlyincrease in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market ActionIndex for persistent changes as a leading indicator for these trends to flatten or drop.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the MarketAction Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
90-day Average7-day Average
age 14 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
15/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33137 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 17.49. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
age 15 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
16/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 228 days. Half of the listings have come newly on the market in thepast 140 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
age 16 of 251
Single Family Hom
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Median List Price
Median Lot Size
7.7
Percent Relisted (reset DOM)
1913
2.0
0 %
Median Number of Bathrooms
78
Inventory of Properties Listed
$ 64
Percent Flip (price increased)
6,501 - 8,000 sqft
Median House Size (sq ft)
$ 150,000
20 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
0 %
Percent of Properties with Price Decrease
Strong Buyer's
==
+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
56 05201
1054.0 75
2.0
0
35
6.0 1
7
0
0
0.50 - 1.0acre
62
$ 150,000
0
0
2
4.0
4,501 -6,500 sqft
02.0
12018,001 -
10,000 sqft
1
$ 75,000
3.0
238
6,501 -8,000 sqft$ 399,000
5.0$ 2,447,000
85
0
1913
With inventory trending up but days-on-market trending down and theMarket Action Index essentially flatrecently, conditions do not seem tohave strong up or down pull.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
1
2446
1.5
The median list price in MIAMI, FL33136 this week is $150,000. The 5
properties have been on the marketfor an average of 78 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
5
$ 2,447,000
$ 75,000
$ 629,200
68
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
age 17 of 251
Single Family Home
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
18/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PricePrices in this zip code been on a downward trend recently and this week, while essentially flat, doesn't break us out of thatcycle. Watch the Market Action Index for any signs of demand increasing.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
age 18 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
19/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootThe market's downward trends are shared across both price and value. People are recently placing less value on homes (you cansee the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as aprecursor to price and value changes, possibly as inflection points for good investment opportunities.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the MarketAction Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
90-day Average7-day Average
age 19 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
20/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33136 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 7.70. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
age 20 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
21/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 78 days. Half of the listings have come newly on the market in thepast 35 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
age 21 of 251
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Median List Price
Median Lot Size
23.5
Percent Relisted (reset DOM)
1690
2.0
6 %
Median Number of Bathrooms
244
Inventory of Properties Listed
$ 120
Percent Flip (price increased)
4,501 - 6,500 sqft
Median House Size (sq ft)
$ 210,000
18 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
12 %
Percent of Properties with Price Decrease
Buyer's Advantage
+
==
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
74 02200
3342.5 83
2.0
0
310
3.0 4
133
1
2
4,501 -6,500 sqft
71
$ 192,000
2
0
5
3.0
4,501 -6,500 sqft
02.5
13614,501 -
6,500 sqft
4
$ 0
3.5
226
4,501 -6,500 sqft$ 262,864
4.0$ 344,000
58
2
1670
Even though the days-on-market istrending higher, so is the MarketAction Index at these inventorylevels, providing a neutral outlook forthe market.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
4
2000
1.0
The median list price in MIAMI, FL33135 this week is $210,000. The 17
properties have been on the marketfor an average of 244 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
17
$ 399,900
$ 70,000
$ 224,590
70
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
age 22 of 251
Single Family Home
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23/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceAgain this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus theirabsolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leadingindicator for a trough in prices.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
age 23 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
24/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootThe market's downward trends are shared across both price and value. People are recently placing less value on homes (you cansee the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as aprecursor to price and value changes, possibly as inflection points for good investment opportunities.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
age 24 of 251
Single Family Hom
8/4/2019 Ekaterina Bazyka Market Update [SF] MIAMI
25/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33135 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day MarketAction Index stands this week at 23.55 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 244 days. Half of the listings have come newly on the market in thepast 168 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
16.7
Percent Relisted (reset DOM)
1523
2.0
0 %
Median Number of Bathrooms
141
Inventory of Properties Listed
$ 150
Percent Flip (price increased)
4,501 - 6,500 sqft
Median House Size (sq ft)
$ 225,000
28 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
3 %
Percent of Properties with Price Decrease
Strong Buyer's
+
+
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
72 01722
1203.0 64
3.0
0
234
3.0 7
0
1
1
4,501 -6,500 sqft
62
$ 209,500
0
0
8
2.0
6,501 -8,000 sqft
12.0
12944,501 -
6,500 sqft
7
$ 157,500
4.0
67
4,501 -6,500 sqft$ 265,000
3.0$ 372,900
72
2
1420
The Market Action Index has beenclimbing lately while days-on-marketare trending down, these point to apositive near-term outlook for themarket.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
7
1511
2.0
The median list price in MIAMI, FL33134 this week is $225,000. The 29
properties have been on the marketfor an average of 141 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
29
$ 450,000
$ 94,900
$ 247,466
65
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceWe continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week.Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootWhile prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strengthin a market, larger homes are coming more available and buyers are tending to get more home for their money.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33134 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 16.67. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
ge 30 of 251
Single Family Hom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 141 days. Half of the listings have come newly on the market in thepast 70 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
17.4
Percent Relisted (reset DOM)
2153
3.0
5 %
Median Number of Bathrooms
197
Inventory of Properties Listed
$ 252
Percent Flip (price increased)
6,501 - 8,000 sqft
Median House Size (sq ft)
$ 493,950
28 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
8 %
Percent of Properties with Price Decrease
Strong Buyer's
+
+
+
+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
30 03916
1593.0 62
3.0
2
135
3.0 19
197
1
2
0.25 - 0.50acre
61
$ 325,000
1
0
19
5.0
6,501 -8,000 sqft
13.0
13564,501 -
6,500 sqft
19
$ 189,000
4.0
297
6,501 -8,000 sqft$ 775,000
5.0$ 1,475,000
60
1
2816
With inventory and days-on-marketbasically unchanged and the MarketAction Index decreasing, the marketis not sending strong directionalsignal for the near-term outlook.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
19
1848
2.0
The median list price in MIAMI, FL33133 this week is $493,950. The 76
properties have been on the marketfor an average of 197 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
76
$ 3,599,000
$ 74,500
$ 765,503
51
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
age 32 of 251
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
age 34 of 251
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33133 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 17.36. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
age 35 of 251
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 197 days. Half of the listings have come newly on the market in thepast 126 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
3.6
Percent Relisted (reset DOM)
1396
2.0
0 %
Median Number of Bathrooms
167
Inventory of Properties Listed
$ 151
Percent Flip (price increased)
4,501 - 6,500 sqft
Median House Size (sq ft)
$ 182,500
17 %
2.5
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
0 %
Percent of Properties with Price Decrease
Strong Buyer's
+
+
+
=
+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
71 04455
703.5 66
3.5
0
539
4.0 2
74
0
0
4,501 -6,500 sqft
74
$ 182,500
0
0
2
3.0
Less than4,500 sqft
02.0
11314,501 -
6,500 sqft
1
$ 108,750
2.0
175
4,501 -6,500 sqft$ 399,000
3.0$ 675,000
94
0
1453
Days-on-market has been trending uprecently but the Market Action Indexand inventory levels are basically flatand not providing strong indicationsfor the market.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
1
908
1.5
The median list price in MIAMI, FL33130 this week is $182,500. The 6
properties have been on the marketfor an average of 167 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
6
$ 675,000
$ 97,500
$ 276,083
74
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
age 37 of 251
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33130 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 3.59. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
age 40 of 251
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 167 days. Half of the listings have come newly on the market in thepast 84 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
17.9
Percent Relisted (reset DOM)
2153
2.0
4 %
Median Number of Bathrooms
200
Inventory of Properties Listed
$ 187
Percent Flip (price increased)
8,001 - 10,000 sqft
Median House Size (sq ft)
$ 400,000
21 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
8 %
Percent of Properties with Price Decrease
Strong Buyer's
+
+
+
+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
60 03176
1472.0 63
3.0
3
209
3.0 39
197
1
3
0.25 - 0.50acre
65
$ 340,000
1
1
39
4.0
8,001 -10,000 sqft
23.0
15536,501 -
8,000 sqft
39
$ 169,000
3.0
248
8,001 -10,000 sqft$ 479,000
4.0$ 1,050,000
62
4
2425
With inventory and days-on-marketbasically unchanged and the MarketAction Index decreasing, the marketis not sending strong directionalsignal for the near-term outlook.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
38
1908
2.0
The median list price in MIAMI, FL33138 this week is $400,000. The 155
properties have been on the marketfor an average of 200 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
155
$ 3,700,000
$ 39,900
$ 550,673
63
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
age 42 of 251
Single Family Home
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43/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
age 43 of 251
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44/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
age 44 of 251
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45/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33138 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 17.93. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
age 45 of 251
Single Family Hom
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46/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 200 days. Half of the listings have come newly on the market in thepast 133 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
29.1
Percent Relisted (reset DOM)
2192
3.0
11 %
Median Number of Bathrooms
178
Inventory of Properties Listed
$ 118
Percent Flip (price increased)
4,501 - 6,500 sqft
Median House Size (sq ft)
$ 265,450
15 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
6 %
Percent of Properties with Price Decrease
Buyer's Advantage
+
+
+
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
11 22351
1573.0 14
3.0
1
178
4.0 16
94
0
2
4,501 -6,500 sqft
18
$ 237,000
4
0
16
3.0
4,501 -6,500 sqft
03.0
18764,501 -
6,500 sqft
15
$ 179,000
4.0
290
4,501 -6,500 sqft$ 290,000
4.0$ 349,900
16
5
2360
Inventory has been lightening latelyand the Market Action Index has beentrending up. These are mildly positiveindications for the market.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
15
2144
2.5
The median list price in MIAMI, FL33193 this week is $265,450. The 62
properties have been on the marketfor an average of 178 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
62
$ 650,000
$ 150,000
$ 270,569
15
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
age 47 of 251
Single Family Home
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48/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
age 48 of 251
Single Family Hom
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49/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
age 49 of 251
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50/251
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33193 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day MarketAction Index stands this week at 29.09 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileThree of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the currentlevels of demand. Quartile 1 (the highest price group) is showing stronger demand than the others, a Seller's market, as buyersseem to be placing emphasis on the premium homes.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 178 days. Half of the listings have come newly on the market in thepast 119 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
16.9
Percent Relisted (reset DOM)
2775
3.0
8 %
Median Number of Bathrooms
186
Inventory of Properties Listed
$ 109
Percent Flip (price increased)
4,501 - 6,500 sqft
Median House Size (sq ft)
$ 290,000
23 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
0 %
Percent of Properties with Price Decrease
Strong Buyer's
==
+
+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
7 03050
03.0 5
4.0
0
0
4.0 3
154
2
0
6,501 -8,000 sqft
8
$ 289,900
0
0
4
3.0
4,501 -6,500 sqft
03.0
24286,501 -
8,000 sqft
3
$ 237,450
5.0
247
4,501 -6,500 sqft$ 300,000
5.0$ 419,900
6
0
2680
With inventory trending up but days-on-market trending down and theMarket Action Index essentially flatrecently, conditions do not seem tohave strong up or down pull.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
3
2966
3.0
The median list price in MIAMI, FL33194 this week is $290,000. The 13
properties have been on the marketfor an average of 186 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
13
$ 490,000
$ 232,900
$ 309,046
6
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PricePrices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out ofthat cycle.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootDespite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of themarket being priced at a premium. You can investigate this condition in the quartile details.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the MarketAction Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
90-day Average7-day Average
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33194 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 16.85. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 186 days. Half of the listings have come newly on the market in thepast 77 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
22.9
Percent Relisted (reset DOM)
2156
3.0
5 %
Median Number of Bathrooms
154
Inventory of Properties Listed
$ 113
Percent Flip (price increased)
4,501 - 6,500 sqft
Median House Size (sq ft)
$ 267,200
29 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
3 %
Percent of Properties with Price Decrease
Strong Buyer's
+
==
+
==
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
7 32653
1852.5 14
3.0
5
108
4.0 40
168
3
4
6,501 -8,000 sqft
22
$ 232,500
5
0
40
3.0
4,501 -6,500 sqft
13.0
17874,501 -
6,500 sqft
39
$ 177,000
4.0
153
4,501 -6,500 sqft$ 290,000
4.0$ 356,990
10
2
2517
Even though the days-on-market istrending higher, so is the MarketAction Index at these inventorylevels, providing a neutral outlook forthe market.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
39
2083
2.0
The median list price in MIAMI, FL33196 this week is $267,200. The 158
properties have been on the marketfor an average of 154 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
158
$ 3,950,000
$ 115,000
$ 312,842
14
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceDespite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's highpoint, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootIn a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that newhomes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33196 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 22.89. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 154 days. Half of the listings have come newly on the market in thepast 98 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
18.8
Percent Relisted (reset DOM)
2520
3.0
9 %
Median Number of Bathrooms
212
Inventory of Properties Listed
$ 116
Percent Flip (price increased)
0.50 - 1.0 acre
Median House Size (sq ft)
$ 311,000
25 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
12 %
Percent of Properties with Price Decrease
Strong Buyer's
==
+
==
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
15 04758
1203.0 15
3.0
3
197
4.0 23
253
3
5
5.0 - 10acres
18
$ 258,000
1
1
24
4.0
6,501 -8,000 sqft
12.0
18144,501 -
6,500 sqft
23
$ 165,000
4.0
277
1.0 - 2.5acres$ 389,000
4.0$ 699,000
24
5
2881
Inventory has been lightening latelyand the Market Action Index has beentrending up. Though days-on-marketis increasing, these are mildly positiveindications for the market.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
23
2335
2.0
The median list price in MIAMI, FL33187 this week is $311,000. The 93
properties have been on the marketfor an average of 212 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
93
$ 1,500,000
$ 40,000
$ 417,579
21
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceThe market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch theMarket Action Index to predict how long this trend will last.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootIn a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that newhomes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
age 64 of 251
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33187 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 18.80. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Days on MarketThe properties have been on the market for an average of 212 days. Half of the listings have come newly on the market in thepast 140 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Median List Price
Median Lot Size
23.2
Percent Relisted (reset DOM)
1792
2.0
8 %
Median Number of Bathrooms
135
Inventory of Properties Listed
$ 89
Percent Flip (price increased)
6,501 - 8,000 sqft
Median House Size (sq ft)
$ 162,950
30 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
2 %
Percent of Properties with Price Decrease
Buyer's Advantage
+
+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
12 12287
1322.0 38
3.0
3
107
3.0 26
145
3
3
6,501 -8,000 sqft
45
$ 150,000
2
1
26
3.0
8,001 -10,000 sqft
02.0
14716,501 -
8,000 sqft
25
$ 102,450
3.0
154
6,501 -8,000 sqft$ 180,000
4.0$ 250,000
10
3
1951
The Market Action Index has beentrending down recently, but as days-on-market decreases also, there arenot strong signals for the direction ofthe market.
Monday September 19, 2011
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
25
1732
2.0
The median list price in MIAMI, FL33189 this week is $162,950. The 102
properties have been on the marketfor an average of 135 days.
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.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend+
==
=
MIAMI, FL 33
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
102
$ 415,000
$ 35,000
$ 176,759
28
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Median PriceThis week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand willbe reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Price per Square FootDespite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of themarket being priced at a premium. You can investigate this condition in the quartile details.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
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Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311
Neighborhood DetailMIAMI, FL 33
Monday September 19, 2011
Market Action IndexThe MIAMI, 33189 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day MarketAction Index stands this week at 23.20 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the BuyersAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (