11 62563

2652.0 20

2.0

6

307

2.0 187

210

3

10

29

$ 299,000

12

4

188

3.0

82.0

1094

187

$ 181,950

2.0

325

$ 449,000

3.0$ 770,000

14

12

1664

In the last few weeks we've seen prices in this zip code bouncingaround this plateau. Look for a persistent down-shift in theMarket Action Index before we see prices deviate from theselevels.

The market has shown some evidence of slowing recently. Bothprices and inventory levels are relatively unchanged in recent weeks.Watch the Market Action Index for changes as it can be a leadingindicator for price changes.

Inventory has been tightening and days-on-market increasingrecently. The Market Action Index has been basically flat, notproviding strong indication for market conditions.

MIAMI, FL 33180 -Michael's ExecutiveSummary

187

1320

2.0

Monday August 22, 2011

The median list price in MIAMI, FL 33180 - Aventura this week is$369,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered 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

Michael Solovay | www.WhatsThePointofAventura.com | 305.332.4260

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

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

Condos - Townhomes - TICs

15.9

Percent Relisted (reset DOM)

1481

2.0

5 %

Median Number of Bathrooms

277

Median List Price

Average Days on Market (DOM)$ 255

Percent Flip (price increased)Median House Size (sq ft)

$ 369,000

21 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

4 %Percent of Properties with Price Decrease

Strong Buyer's

±+

±+

==

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

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