Ekaterina Bazyka Exec Summary [Condo] MIAMI BEACH 33154

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  • 8/4/2019 Ekaterina Bazyka Exec Summary [Condo] MIAMI BEACH 33154

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    10 22392

    3072.0 45

    1.0

    4

    302

    2.0 86

    202

    5

    12

    45

    $ 321,500

    2

    0

    86

    3.0

    52.0

    956

    86

    $ 151,000

    2.0

    271

    $ 595,000

    3.0$ 1,772,500

    34

    7

    1388

    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

    Home sales have been exceeding new inventory for several weeks.While still a Buyer's market, prices seem to have responded by

    moving upward. If the demand trends continue, expect prices tokeep marching upward, especially once we see a Seller's Market.

    Inventory has been lightening lately and the Market Action Indexhas been trending up. These are mildly positive indications for themarket.

    MIAMI BEACH, FL 33154Ekaterina Bazyka'sExecutive Summary

    86

    998

    2.0

    Monday September 12, 2011

    The median list price in MIAMI BEACH, FL 33154 this week is$449,000.

    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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    Condos - Townhomes - TICs

    17.6

    Percent Relisted (reset DOM)

    1300

    2.0

    6 %

    Median Number of Bathrooms

    270

    Median List Price

    Average Days on Market (DOM)

    $ 368

    Percent Flip (price increased)

    Median House Size (sq ft)

    $ 449,000

    17 %

    2.0

    Market Action Index

    Median Number of Bedrooms

    Asking Price Per Square Foot

    6 %

    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