Aventura Condo Market Struggles With 11 Months Of Resale Supply Available

  • Published by Peter Zalewski
  • 3/18/2024
  • 8:25:01 PM
A review of 2023 condo statistics shows the Aventura market has nearly 1,100 units for resale during South Florida’s Winter Buying Season.

We have crunched the statistics for the Year 2023 and plan on publishing a series of of reports during the next two weeks looking at the winners and losers in the secondary Miami-Dade County markets of Aventura, North Miami, Miami’s Upper East Side, North Bay Village, Miami’s Little Havana, Coral Gables and Miami’s Coconut Grove. If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com

Aventura is in a buyers market for condos with nearly 11 months of supply currently listed for sale during the South Florida Winter Buying Season, according to an analysis of statistics compiled by CondoVulturesRealty.com.

In the 12 months of 2023, buyers purchased an average of about 102 units per month for a total of more than 1,225 units between January and December.

Based on the current active listings in the Multiple Listing Service – a database used by Realtors to market condos – the Aventura area is in a buyers market with a supply of nearly 1,100 units available for purchase.

We have crunched the statistics for the Year 2023 and plan on publishing a series of of reports during the next two weeks on CondoVultures.com looking at the winners and losers in the secondary Miami-Dade County markets of Aventura, North Miami, Miami’s Upper East Side, North Bay Village, Miami’s Little Havana, Coral Gables and Miami’s Coconut Grove.

If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com

This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com

Copyright © 2024 Condo Vultures®, LLC. All Rights Reserved.

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