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Ekaterina Bazyka's MARKET UPDATE

MIAMI, FL

Current Real Estate Market Conditions for Single Family Homes Trends in Pricing Current Levels of Supply and Demand Value Metrics

Report for the week of


September 19, 2011

Presented by Ekaterina Bazyka Luxury Home Specialist http://www.luxmiamirealestate.com - ekaterina.bazyka@gmail.com 954.224.0311

Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2010 Altos Research LLC

City Overview
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL

This Week
The median list price in MIAMI, FL this week is $249,900. The 3993 properties have been on the market for an average of 179 days.
Median List Price Average List Price

Real-Time Market Profile


$ 249,900 $ 386,866 $ 125 179 3993 $ 16,500,000 $ 13,000 40 25 % 5% 4% 1929 6,501 - 8,000 sqft 3.0 2.0

Trend
+ + + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory and days-on-market basically unchanged and the Market Action Index increasing, the market is not sending strong directional signal for the near-term outlook.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 22.3 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 670,000 $ 302,995 $ 190,000 $ 94,900

3190 2174 1726 1320

0.25 - 0.50 acre 6,501 8,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft

4.0 4.0 3.0 3.0

3.0 2.0 2.0 2.0

28 33 39 57

998 998 998 999

53 76 110 89

38 75 101 116

216 161 168 170

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 2 of 251

Monday September 19, 2011

City Overview

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL

Median Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

7-day Average

90-day Average

Quartile Prices
Prices 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

Monday September 19, 2011

City Overview

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 4 of 251

Monday September 19, 2011

City Overview

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL

Market Action Index


The MIAMI market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 22.33. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months of inventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall market shifts. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 5 of 251

Monday September 19, 2011

City Overview

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL

Days on Market
The properties have been on the market for an average of 179 days. Half of the listings have come newly on the market in the past 112 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33129

This Week
The median list price in MIAMI, FL 33129 this week is $595,000. The 21 properties have been on the market for an average of 247 days.
Median List Price Average List Price

Real-Time Market Profile


$ 595,000 $ 1,543,262 $ 217 247 21 $ 16,500,000 $ 230,000 57 19 % 0% 0% 2590 8,001 - 10,000 sqft 4.0 3.0

Trend
== == == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 20.9 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 2,150,000 $ 670,000 $ 499,500 $ 315,000

4751 3074 2432 1983

0.25 - 0.50 acre 8,001 10,000 sqft 8,001 10,000 sqft 8,001 10,000 sqft

5.0 4.0 3.0 3.5

6.0 4.0 3.0 2.0

21 71 74 70

5 5 5 6

0 0 1 0

0 0 1 0

225 199 0 256

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 7 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33129

Median Price
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 8 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33129

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 9 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33129

Market Action Index


The MIAMI, 33129 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 20.92. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 10 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33129

Days on Market
The properties have been on the market for an average of 247 days. Half of the listings have come newly on the market in the past 196 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33137

This Week
The median list price in MIAMI, FL 33137 this week is $595,000. The 53 properties have been on the market for an average of 228 days.
Median List Price Average List Price

Real-Time Market Profile


$ 595,000 $ 1,365,736 $ 248 228 53 $ 8,500,000 $ 62,000 66 17 % 6% 4% 2586 0.25 - 0.50 acre 4.0 3.0

Trend
== == ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory is up and Market Action is trending down recently. While dayson-market appears to be trending lower, the overall conditions are weakening a bit.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 17.5 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 3,200,000 $ 1,149,000 $ 465,000 $ 107,450

4406 3021 2051 1452

0.50 - 1.0 acre 0.25 - 0.50 acre 8,001 10,000 sqft 4,501 6,500 sqft

5.0 4.0 3.0 4.0

5.0 4.0 3.0 2.0

61 60 72 72

13 13 13 14

1 2 1 3

0 0 1 1

300 264 135 214

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 12 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33137

Median Price
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 13 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33137

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 14 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33137

Market Action Index


The MIAMI, 33137 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 17.49. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 15 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33137

Days on Market
The properties have been on the market for an average of 228 days. Half of the listings have come newly on the market in the past 140 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 16 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33136

This Week
The median list price in MIAMI, FL 33136 this week is $150,000. The 5 properties have been on the market for an average of 78 days.
Median List Price Average List Price

Real-Time Market Profile


$ 150,000 $ 629,200 $ 64 78 5 $ 2,447,000 $ 75,000 68 20 % 0% 0% 1913 6,501 - 8,000 sqft 3.0 2.0

Trend
==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory trending up but dayson-market trending down and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 7.7 + The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 2,447,000 $ 399,000 $ 150,000 $ 75,000

5201 1913 2446 1201

0.50 - 1.0 acre 6,501 8,000 sqft 4,501 6,500 sqft 8,001 10,000 sqft

5.0 3.0 6.0 2.0

4.0 2.0 4.0 1.5

56 85 75 62

1 1 1 2

0 0 0 0

0 0 0 0

238 35 105 7

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 17 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33136

Median Price
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 18 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33136

Price per Square Foot


The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 19 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33136

Market Action Index


The MIAMI, 33136 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 7.70. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 20 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33136

Days on Market
The properties have been on the market for an average of 78 days. Half of the listings have come newly on the market in the past 35 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 21 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33135

This Week
The median list price in MIAMI, FL 33135 this week is $210,000. The 17 properties have been on the market for an average of 244 days.
Median List Price Average List Price

Real-Time Market Profile


$ 210,000 $ 224,590 $ 120 244 17 $ 399,900 $ 70,000 70 18 % 12 % 6% 1690 4,501 - 6,500 sqft 3.0 2.0

Trend
== +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 23.5 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 344,000 $ 262,864 $ 192,000 $0

2200 1670 2000 1361

4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 3.5 3.0 2.0

3.0 2.5 2.5 1.0

74 58 83 71

4 4 4 5

0 1 0 2

0 0 2 2

226 310 334 133

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 22 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33135

Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 23 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33135

Price per Square Foot


The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 24 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33135

Market Action Index


The MIAMI, 33135 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.55 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 25 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33135

Days on Market
The properties have been on the market for an average of 244 days. Half of the listings have come newly on the market in the past 168 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 26 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33134

This Week
The median list price in MIAMI, FL 33134 this week is $225,000. The 29 properties have been on the market for an average of 141 days.
Median List Price Average List Price

Real-Time Market Profile


$ 225,000 $ 247,466 $ 150 141 29 $ 450,000 $ 94,900 65 28 % 3% 0% 1523 4,501 - 6,500 sqft 3.0 2.0

Trend
+ +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 16.7 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 372,900 $ 265,000 $ 209,500 $ 157,500

1722 1420 1511 1294

4,501 6,500 sqft 4,501 6,500 sqft 6,501 8,000 sqft 4,501 6,500 sqft

3.0 4.0 3.0 3.0

2.0 2.0 3.0 2.0

72 72 64 62

7 7 7 8

0 1 0 0

0 1 1 2

67 234 120 0

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 27 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33134

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 28 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33134

Price per Square Foot


While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 29 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33134

Market Action Index


The MIAMI, 33134 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 16.67. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 30 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33134

Days on Market
The properties have been on the market for an average of 141 days. Half of the listings have come newly on the market in the past 70 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 31 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33133

This Week
The median list price in MIAMI, FL 33133 this week is $493,950. The 76 properties have been on the market for an average of 197 days.
Median List Price Average List Price

Real-Time Market Profile


$ 493,950 $ 765,503 $ 252 197 76 $ 3,599,000 $ 74,500 51 28 % 8% 5% 2153 6,501 - 8,000 sqft 3.0 3.0

Trend
+ + + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 17.4 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 1,475,000 $ 775,000 $ 325,000 $ 189,000

3916 2816 1848 1356

0.25 - 0.50 acre 6,501 8,000 sqft 6,501 8,000 sqft 4,501 6,500 sqft

5.0 4.0 3.0 3.0

5.0 3.0 3.0 2.0

30 60 62 61

19 19 19 19

0 1 2 1

0 1 2 1

297 135 159 197

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 32 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33133

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 33 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33133

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 34 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33133

Market Action Index


The MIAMI, 33133 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 17.36. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 35 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33133

Days on Market
The properties have been on the market for an average of 197 days. Half of the listings have come newly on the market in the past 126 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 36 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33130

This Week
The median list price in MIAMI, FL 33130 this week is $182,500. The 6 properties have been on the market for an average of 167 days.
Median List Price Average List Price

Real-Time Market Profile


$ 182,500 $ 276,083 $ 151 167 6 $ 675,000 $ 97,500 74 17 % 0% 0% 1396 4,501 - 6,500 sqft 2.5 2.0

Trend
+ + = +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Days-on-market has been trending up recently but the Market Action Index and inventory levels are basically flat and not providing strong indications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 3.6 + The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 675,000 $ 399,000 $ 182,500 $ 108,750

4455 1453 908 1131

4,501 6,500 sqft 4,501 6,500 sqft Less than 4,500 sqft 4,501 6,500 sqft

3.0 2.0 4.0 3.5

3.0 2.0 3.5 1.5

71 94 66 74

1 1 2 2

0 0 0 0

0 0 0 0

175 539 70 74

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 37 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33130

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 38 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33130

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 39 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33130

Market Action Index


The MIAMI, 33130 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 3.59. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 40 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33130

Days on Market
The properties have been on the market for an average of 167 days. Half of the listings have come newly on the market in the past 84 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 41 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33138

This Week
The median list price in MIAMI, FL 33138 this week is $400,000. The 155 properties have been on the market for an average of 200 days.
Median List Price Average List Price

Real-Time Market Profile


$ 400,000 $ 550,673 $ 187 200 155 $ 3,700,000 $ 39,900 63 21 % 8% 4% 2153 8,001 - 10,000 sqft 3.0 2.0

Trend
+ + + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 17.9 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 1,050,000 $ 479,000 $ 340,000 $ 169,000

3176 2425 1908 1553

0.25 - 0.50 acre 8,001 10,000 sqft 8,001 10,000 sqft 6,501 8,000 sqft

4.0 3.0 3.0 3.0

4.0 3.0 2.0 2.0

60 62 63 65

38 39 39 39

1 1 3 1

0 2 3 4

248 209 147 197

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 42 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33138

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 43 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33138

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 44 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33138

Market Action Index


The MIAMI, 33138 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 17.93. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 45 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33138

Days on Market
The properties have been on the market for an average of 200 days. Half of the listings have come newly on the market in the past 133 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 46 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33193

This Week
The median list price in MIAMI, FL 33193 this week is $265,450. The 62 properties have been on the market for an average of 178 days.
Median List Price Average List Price

Real-Time Market Profile


$ 265,450 $ 270,569 $ 118 178 62 $ 650,000 $ 150,000 15 15 % 6% 11 % 2192 4,501 - 6,500 sqft 4.0 3.0

Trend
+ + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

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

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 29.1 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 349,900 $ 290,000 $ 237,000 $ 179,000

2351 2360 2144 1876

4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 4.0 4.0 3.0

3.0 3.0 3.0 2.5

11 16 14 18

15 15 16 16

0 0 1 4

2 0 2 5

290 178 157 94

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 47 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33193

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 48 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33193

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 49 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33193

Market Action Index


The MIAMI, 33193 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 29.09 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Three of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the current levels of demand. Quartile 1 (the highest price group) is showing stronger demand than the others, a Seller's market, as buyers seem 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 50 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33193

Days on Market
The properties have been on the market for an average of 178 days. Half of the listings have come newly on the market in the past 119 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 51 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33194

This Week
The median list price in MIAMI, FL 33194 this week is $290,000. The 13 properties have been on the market for an average of 186 days.
Median List Price Average List Price

Real-Time Market Profile


$ 290,000 $ 309,046 $ 109 186 13 $ 490,000 $ 232,900 6 23 % 0% 8% 2775 4,501 - 6,500 sqft 4.0 3.0

Trend
+ ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory trending up but dayson-market trending down and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 16.9 + The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 419,900 $ 300,000 $ 289,900 $ 237,450

3050 2680 2966 2428

6,501 8,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft 6,501 8,000 sqft

5.0 5.0 4.0 4.0

3.0 3.0 3.0 3.0

7 6 5 8

3 3 3 4

0 2 0 0

0 0 0 0

247 0 0 154

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 52 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33194

Median Price
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 53 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33194

Price per Square Foot


Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 54 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33194

Market Action Index


The MIAMI, 33194 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 16.85. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 55 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33194

Days on Market
The properties have been on the market for an average of 186 days. Half of the listings have come newly on the market in the past 77 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 56 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33196

This Week
The median list price in MIAMI, FL 33196 this week is $267,200. The 158 properties have been on the market for an average of 154 days.
Median List Price Average List Price

Real-Time Market Profile


$ 267,200 $ 312,842 $ 113 154 158 $ 3,950,000 $ 115,000 14 29 % 3% 5% 2156 4,501 - 6,500 sqft 4.0 3.0

Trend
== + == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 22.9 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 356,990 $ 290,000 $ 232,500 $ 177,000

2653 2517 2083 1787

6,501 8,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 4.0 4.0 3.0

3.0 3.0 2.5 2.0

7 10 14 22

39 39 40 40

0 3 5 5

3 1 4 2

153 108 185 168

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 57 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33196

Median Price
Despite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's high point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 58 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33196

Price per Square Foot


In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 59 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33196

Market Action Index


The MIAMI, 33196 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 22.89. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 60 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33196

Days on Market
The properties have been on the market for an average of 154 days. Half of the listings have come newly on the market in the past 98 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 61 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33187

This Week
The median list price in MIAMI, FL 33187 this week is $311,000. The 93 properties have been on the market for an average of 212 days.
Median List Price Average List Price

Real-Time Market Profile


$ 311,000 $ 417,579 $ 116 212 93 $ 1,500,000 $ 40,000 21 25 % 12 % 9% 2520 0.50 - 1.0 acre 4.0 3.0

Trend
== + ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 18.8 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 699,000 $ 389,000 $ 258,000 $ 165,000

4758 2881 2335 1814

5.0 - 10 acres 1.0 - 2.5 acres 6,501 8,000 sqft 4,501 6,500 sqft

4.0 4.0 4.0 3.0

4.0 2.0 3.0 2.0

15 24 15 18

23 23 23 24

1 3 3 1

0 1 5 5

277 197 120 253

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 62 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33187

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 63 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33187

Price per Square Foot


In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 64 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33187

Market Action Index


The MIAMI, 33187 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 18.80. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 65 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33187

Days on Market
The properties have been on the market for an average of 212 days. Half of the listings have come newly on the market in the past 140 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 66 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33189

This Week
The median list price in MIAMI, FL 33189 this week is $162,950. The 102 properties have been on the market for an average of 135 days.
Median List Price Average List Price

Real-Time Market Profile


$ 162,950 $ 176,759 $ 89 135 102 $ 415,000 $ 35,000 28 30 % 2% 8% 1792 6,501 - 8,000 sqft 3.0 2.0

Trend
+ +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down recently, but as dayson-market decreases also, there are not strong signals for the direction of the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 23.2 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 250,000 $ 180,000 $ 150,000 $ 102,450

2287 1951 1732 1471

6,501 8,000 sqft 6,501 8,000 sqft 8,001 10,000 sqft 6,501 8,000 sqft

4.0 3.0 3.0 3.0

3.0 2.0 2.0 2.0

12 10 38 45

25 25 26 26

1 3 3 2

1 0 3 3

154 107 132 145

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 67 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33189

Median Price
This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 68 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33189

Price per Square Foot


Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 69 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33189

Market Action Index


The MIAMI, 33189 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.20 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 70 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33189

Days on Market
The properties have been on the market for an average of 135 days. Half of the listings have come newly on the market in the past 84 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 71 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33190

This Week
The median list price in MIAMI, FL 33190 this week is $130,000. The 49 properties have been on the market for an average of 166 days.
Median List Price Average List Price

Real-Time Market Profile


$ 130,000 $ 155,683 $ 79 166 49 $ 375,000 $ 74,598 14 27 % 2% 2% 1694 4,501 - 6,500 sqft 3.0 2.0

Trend
+ + + ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 21.4 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 239,950 $ 159,950 $ 116,000 $ 90,000

2647 1862 1528 1397

4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 3.0 3.0 3.0

3.0 2.0 2.0 2.0

6 6 21 22

12 12 12 13

1 4 2 2

1 1 1 2

118 106 235 201

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 72 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33190

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 73 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33190

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 74 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33190

Market Action Index


The MIAMI, 33190 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 21.44. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 75 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33190

Days on Market
The properties have been on the market for an average of 166 days. Half of the listings have come newly on the market in the past 105 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 76 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33145

This Week
The median list price in MIAMI, FL 33145 this week is $277,000. The 66 properties have been on the market for an average of 158 days.
Median List Price Average List Price

Real-Time Market Profile


$ 277,000 $ 296,004 $ 151 158 66 $ 752,000 $ 120,000 67 32 % 9% 11 % 1846 6,501 - 8,000 sqft 3.0 2.0

Trend
+ == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 19.9 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 432,500 $ 299,948 $ 249,900 $ 165,500

2512 1798 2017 1350

6,501 8,000 sqft 4,501 6,500 sqft 6,501 8,000 sqft 4,501 6,500 sqft

4.0 3.5 3.0 3.0

3.0 3.0 2.0 2.0

70 71 71 71

16 16 17 17

0 0 1 1

2 1 2 3

203 121 140 167

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 77 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33145

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 78 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33145

Price per Square Foot


While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 79 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33145

Market Action Index


The MIAMI, 33145 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 19.86. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 80 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33145

Days on Market
The properties have been on the market for an average of 158 days. Half of the listings have come newly on the market in the past 116 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 81 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33147

This Week
The median list price in MIAMI, FL 33147 this week is $65,000. The 111 properties have been on the market for an average of 229 days.
Median List Price Average List Price

Real-Time Market Profile


$ 65,000 $ 74,087 $ 53 229 111 $ 234,900 $ 13,500 55 23 % 4% 6% 1210 6,501 - 8,000 sqft 3.0 2.0

Trend
+ + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down recently, but as dayson-market decreases also, there are not strong signals for the direction of the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 22.9 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 110,000 $ 74,500 $ 52,000 $ 36,952

1378 1306 1200 894

4,501 6,500 sqft 6,501 8,000 sqft 4,501 6,500 sqft 6,501 8,000 sqft

3.0 3.0 3.0 2.0

2.0 2.0 1.0 1.0

57 58 63 63

27 28 28 28

0 2 4 2

2 1 4 3

345 212 170 195

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 82 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33147

Median Price
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 83 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33147

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 84 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33147

Market Action Index


The MIAMI, 33147 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 22.89. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 85 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33147

Days on Market
The properties have been on the market for an average of 229 days. Half of the listings have come newly on the market in the past 133 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 86 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33142

This Week
The median list price in MIAMI, FL 33142 this week is $72,450. The 84 properties have been on the market for an average of 177 days.
Median List Price Average List Price

Real-Time Market Profile


$ 72,450 $ 95,655 $ 58 177 84 $ 990,000 $ 17,500 57 26 % 1% 2% 1147 4,501 - 6,500 sqft 3.0 2.0

Trend
== == ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 18.7 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 149,900 $ 84,000 $ 58,000 $ 39,900

1300 1373 1110 960

4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

3.0 3.0 3.0 2.0

2.0 2.0 2.0 1.0

51 65 63 71

21 21 21 21

0 1 2 1

1 0 6 1

270 150 147 141

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 87 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33142

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 88 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33142

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 89 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33142

Market Action Index


The MIAMI, 33142 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 18.73. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 90 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33142

Days on Market
The properties have been on the market for an average of 177 days. Half of the listings have come newly on the market in the past 122 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 91 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33144

This Week
The median list price in MIAMI, FL 33144 this week is $225,000. The 51 properties have been on the market for an average of 130 days.
Median List Price Average List Price

Real-Time Market Profile


$ 225,000 $ 292,819 $ 145 130 51 $ 1,500,000 $ 65,900 54 24 % 6% 2% 1537 6,501 - 8,000 sqft 3.0 2.0

Trend
+ + + ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 23.8 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 448,500 $ 249,500 $ 190,900 $ 143,500

1869 1537 1519 1232

8,001 10,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft 4,501 6,500 sqft

4.0 3.0 3.0 3.0

3.0 2.0 2.0 2.0

46 61 62 63

12 13 13 13

0 3 2 1

1 0 2 2

188 116 123 99

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 92 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33144

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 93 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33144

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 94 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33144

Market Action Index


The MIAMI, 33144 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.80 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 95 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33144

Days on Market
The properties have been on the market for an average of 130 days. Half of the listings have come newly on the market in the past 98 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 96 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33143

This Week
The median list price in MIAMI, FL 33143 this week is $750,000. The 129 properties have been on the market for an average of 205 days.
Median List Price Average List Price

Real-Time Market Profile


$ 750,000 $ 1,124,843 $ 243 205 129 $ 4,900,000 $ 35,000 38 25 % 5% 1% 3182 0.25 - 0.50 acre 4.0 3.0

Trend
== ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 18.7 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 2,296,950 $ 1,075,000 $ 549,500 $ 299,900

5933 4028 2457 1563

0.50 - 1.0 acre 0.50 - 1.0 acre 0.25 - 0.50 acre 0.25 - 0.50 acre

6.0 4.0 4.0 3.0

7.0 4.0 3.0 2.0

8 28 54 60

32 32 32 33

0 1 0 0

0 2 4 2

315 201 160 144

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 97 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33143

Median Price
This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 98 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33143

Price per Square Foot


We're seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to microlocation variables.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 99 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33143

Market Action Index


The MIAMI, 33143 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 18.69. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 100 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33143

Days on Market
The properties have been on the market for an average of 205 days. Half of the listings have come newly on the market in the past 126 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 101 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33127

This Week
The median list price in MIAMI, FL 33127 this week is $89,000. The 48 properties have been on the market for an average of 220 days.
Median List Price Average List Price

Real-Time Market Profile


$ 89,000 $ 153,321 $ 66 220 48 $ 1,330,000 $ 13,000 68 23 % 4% 2% 1287 4,501 - 6,500 sqft 3.0 2.0

Trend
+ + == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 25.4 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 187,000 $ 117,500 $ 77,750 $ 47,450

1712 1342 1230 1256

4,501 6,500 sqft 4,501 6,500 sqft 6,501 8,000 sqft 4,501 6,500 sqft

3.5 3.0 3.0 2.0

2.0 1.0 2.0 1.0

72 73 68 72

12 12 12 12

0 1 0 2

0 0 1 1

290 139 260 0

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 102 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33127

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 103 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33127

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 104 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33127

Market Action Index


The MIAMI, 33127 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 25.42 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 105 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33127

Days on Market
The properties have been on the market for an average of 220 days. Half of the listings have come newly on the market in the past 144 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 106 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33126

This Week
The median list price in MIAMI, FL 33126 this week is $185,000. The 32 properties have been on the market for an average of 129 days.
Median List Price Average List Price

Real-Time Market Profile


$ 185,000 $ 227,901 $ 132 129 32 $ 1,099,000 $ 110,000 50 12 % 0% 9% 1582 4,501 - 6,500 sqft 3.0 2.0

Trend
== == == ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 25.7 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 322,444 $ 202,375 $ 162,500 $ 130,000

2042 1659 1442 1014

8,001 10,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft 6,501 8,000 sqft

3.5 3.5 3.0 2.5

2.5 2.5 2.0 1.0

40 62 57 58

8 8 8 8

0 0 0 0

0 0 0 1

130 87 128 170

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 107 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33126

Median Price
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 108 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33126

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 109 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33126

Market Action Index


The MIAMI, 33126 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 25.65 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 110 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33126

Days on Market
The properties have been on the market for an average of 129 days. Half of the listings have come newly on the market in the past 52 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 111 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33125

This Week
The median list price in MIAMI, FL 33125 this week is $194,450. The 44 properties have been on the market for an average of 171 days.
Median List Price Average List Price

Real-Time Market Profile


$ 194,450 $ 202,560 $ 102 171 44 $ 590,000 $ 49,500 64 32 % 11 % 2% 1710 6,501 - 8,000 sqft 3.0 2.0

Trend
+ +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 17.9 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 287,000 $ 225,000 $ 171,900 $ 100,000

2176 1750 1535 1370

0.25 - 0.50 acre 6,501 8,000 sqft 4,501 6,500 sqft 6,501 8,000 sqft

3.0 3.0 3.0 2.0

3.0 3.0 2.0 1.0

71 58 61 72

11 11 11 11

1 0 0 1

0 1 1 2

233 113 158 181

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 112 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33125

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 113 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33125

Price per Square Foot


While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 114 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33125

Market Action Index


The MIAMI, 33125 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 17.95. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 115 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33125

Days on Market
The properties have been on the market for an average of 171 days. Half of the listings have come newly on the market in the past 122 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 116 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33178

This Week
The median list price in MIAMI, FL 33178 this week is $450,000. The 186 properties have been on the market for an average of 163 days.
Median List Price Average List Price

Real-Time Market Profile


$ 450,000 $ 556,329 $ 193 163 186 $ 1,700,000 $ 169,900 11 28 % 4% 2% 2394 4,501 - 6,500 sqft 4.0 3.0

Trend
+ + == ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 17.4 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 894,950 $ 532,500 $ 424,900 $ 337,000

3325 2804 2228 2103

6,501 8,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft Less than 4,500 sqft

5.0 4.0 4.0 3.0

3.0 3.0 3.0 2.0

12 10 10 10

46 46 47 47

2 4 7 5

2 3 0 3

163 159 146 182

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 117 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33178

Median Price
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 118 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33178

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 119 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33178

Market Action Index


The MIAMI, 33178 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 17.39. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 120 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33178

Days on Market
The properties have been on the market for an average of 163 days. Half of the listings have come newly on the market in the past 112 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 121 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33179

This Week
The median list price in MIAMI, FL 33179 this week is $349,000. The 127 properties have been on the market for an average of 205 days.
Median List Price Average List Price

Real-Time Market Profile


$ 349,000 $ 491,557 $ 159 205 127 $ 2,100,000 $ 69,900 39 23 % 7% 5% 2312 8,001 - 10,000 sqft 3.0 2.0

Trend
+ +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 18.2 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 979,500 $ 444,950 $ 249,450 $ 129,250

3826 2502 2020 1438

8,001 10,000 sqft 8,001 10,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft

5.0 4.0 3.0 3.0

5.0 3.0 2.0 2.0

11 48 49 53

31 32 32 32

0 0 1 2

1 1 2 3

275 233 189 128

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 122 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33179

Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 123 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33179

Price per Square Foot


Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 124 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33179

Market Action Index


The MIAMI, 33179 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 18.21. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 125 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33179

Days on Market
The properties have been on the market for an average of 205 days. Half of the listings have come newly on the market in the past 147 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 126 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33177

This Week
The median list price in MIAMI, FL 33177 this week is $160,000. The 149 properties have been on the market for an average of 157 days.
Median List Price Average List Price

Real-Time Market Profile


$ 160,000 $ 180,726 $ 86 157 149 $ 750,000 $ 30,000 25 17 % 5% 4% 1647 6,501 - 8,000 sqft 3.0 2.0

Trend
== +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down recently, but as dayson-market decreases also, there are not strong signals for the direction of the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Seller's Advantage 30.9 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 261,900 $ 184,900 $ 129,900 $ 79,350

2252 1801 1572 1340

0.25 - 0.50 acre 4,501 6,500 sqft 4,501 6,500 sqft 6,501 8,000 sqft

4.0 3.0 3.0 3.0

3.0 2.0 2.0 2.0

12 17 20 40

37 37 37 38

4 6 7 7

0 5 6 5

180 133 189 126

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 127 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33177

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 128 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33177

Price per Square Foot


This is a market where watching the value metrics (like price per square foot) can provide insight that you don't get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 129 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33177

Market Action Index


The MIAMI, 33177 market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at 30.94 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Two of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the current rate of demand. Notice that Quartiles 2 and 3 (the middle of the market) are showing stronger demand than either end, a Seller's market.

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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 130 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33177

Days on Market
The properties have been on the market for an average of 157 days. Half of the listings have come newly on the market in the past 98 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 131 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33150

This Week
The median list price in MIAMI, FL 33150 this week is $124,000. The 81 properties have been on the market for an average of 218 days.
Median List Price Average List Price

Real-Time Market Profile


$ 124,000 $ 149,857 $ 88 218 81 $ 390,000 $ 21,000 62 23 % 2% 0% 1406 6,501 - 8,000 sqft 3.0 2.0

Trend
+ + == ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 19.4 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 277,000 $ 152,500 $ 92,494 $ 52,950

1778 1443 1274 1148

8,001 10,000 sqft 6,501 8,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft

3.0 3.0 3.0 3.0

2.0 2.0 2.0 2.0

64 60 68 64

20 20 20 21

3 1 1 0

0 1 0 6

208 291 212 162

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 132 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33150

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 133 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33150

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 134 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33150

Market Action Index


The MIAMI, 33150 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 19.45. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 135 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33150

Days on Market
The properties have been on the market for an average of 218 days. Half of the listings have come newly on the market in the past 147 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 136 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33182

This Week
The median list price in MIAMI, FL 33182 this week is $265,000. The 24 properties have been on the market for an average of 146 days.
Median List Price Average List Price

Real-Time Market Profile


$ 265,000 $ 308,633 $ 128 146 24 $ 749,000 $ 153,900 21 25 % 0% 4% 1990 4,501 - 6,500 sqft 3.5 3.0

Trend
+ == + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory and days-on-market basically unchanged and the Market Action Index increasing, the market is not sending strong directional signal for the near-term outlook.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 19.9 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 522,500 $ 280,000 $ 227,450 $ 182,500

3480 2226 1764 1606

0.50 - 1.0 acre 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 4.0 3.0 3.0

3.0 3.0 2.0 2.0

28 18 19 22

6 6 6 6

0 0 0 0

0 0 2 0

161 176 0 201

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 137 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33182

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 138 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33182

Price per Square Foot


The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 139 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33182

Market Action Index


The MIAMI, 33182 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 19.86. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 140 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33182

Days on Market
The properties have been on the market for an average of 146 days. Half of the listings have come newly on the market in the past 112 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 141 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33183

This Week
The median list price in MIAMI, FL 33183 this week is $265,000. The 44 properties have been on the market for an average of 184 days.
Median List Price Average List Price

Real-Time Market Profile


$ 265,000 $ 411,684 $ 135 184 44 $ 2,300,000 $ 130,000 31 30 % 0% 0% 2140 8,001 - 10,000 sqft 4.0 2.0

Trend
+ == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 25.5 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 669,900 $ 299,900 $ 242,000 $ 185,000

3767 2142 1990 1736

0.25 - 0.50 acre 8,001 10,000 sqft 8,001 10,000 sqft 8,001 10,000 sqft

5.0 4.0 4.0 3.0

3.0 3.0 2.0 2.0

25 32 37 35

11 11 11 11

0 1 1 0

0 1 2 1

312 91 204 128

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 142 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33183

Median Price
This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 143 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33183

Price per Square Foot


Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 144 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33183

Market Action Index


The MIAMI, 33183 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 25.51 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 145 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33183

Days on Market
The properties have been on the market for an average of 184 days. Half of the listings have come newly on the market in the past 116 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 146 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33180 Aventura


Real-Time Market Profile Trend
$ 774,950 $ 878,061 $ 276 206 68 $ 9,950,000 $ 150,000 28 38 % 9% 6% 2793 8,001 - 10,000 sqft 4.0 3.0 == ==

This Week
The median list price in MIAMI, FL 33180 - Aventura this week is $774,950. The 68 properties have been on the market for an average of 206 days. With inventory trending up but dayson-market trending down and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull.
Median List Price Average List Price

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 11.2 + The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 1,150,000 $ 850,000 $ 649,000 $ 279,000

3374 2803 2684 2120

4,501 6,500 sqft 4,501 6,500 sqft 8,001 10,000 sqft 8,001 10,000 sqft

4.0 4.0 4.0 3.0

4.0 4.0 3.0 3.0

15 12 32 53

17 17 17 17

0 0 1 1

0 1 0 0

245 205 184 188

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 147 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33180 Aventura

Median Price
This week prices in this zip continued to pull back from their recent highs. Keep an eye on the Market Action Index to look for signs of an extended down trend.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 148 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33180 Aventura

Price per Square Foot


We're seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to microlocation variables.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 149 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33180 Aventura

Market Action Index


The MIAMI, 33180 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 11.19. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 150 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33180 Aventura

Days on Market
The properties have been on the market for an average of 206 days. Half of the listings have come newly on the market in the past 140 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 151 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33181

This Week
The median list price in MIAMI, FL 33181 this week is $700,000. The 57 properties have been on the market for an average of 226 days.
Median List Price Average List Price

Real-Time Market Profile


$ 700,000 $ 903,660 $ 268 226 57 $ 3,749,000 $ 30,000 45 35 % 5% 2% 2875 8,001 - 10,000 sqft 4.0 3.0

Trend
== == ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 15.1 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 1,524,000 $ 850,000 $ 587,005 $ 424,900

3892 2938 2619 1915

0.25 - 0.50 acre 8,001 10,000 sqft 8,001 10,000 sqft 8,001 10,000 sqft

4.0 4.0 3.0 3.0

4.0 3.0 2.0 2.0

40 52 54 51

14 14 14 15

1 0 0 1

0 0 0 1

201 212 328 166

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 152 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33181

Median Price
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 153 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33181

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 154 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33181

Market Action Index


The MIAMI, 33181 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 15.06. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 155 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33181

Days on Market
The properties have been on the market for an average of 226 days. Half of the listings have come newly on the market in the past 119 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 156 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33186

This Week
The median list price in MIAMI, FL 33186 this week is $244,900. The 161 properties have been on the market for an average of 144 days.
Median List Price Average List Price

Real-Time Market Profile


$ 244,900 $ 272,447 $ 116 144 161 $ 870,000 $0 22 27 % 6% 4% 2111 6,501 - 8,000 sqft 4.0 3.0

Trend
+ +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down recently, but as dayson-market decreases also, there are not strong signals for the direction of the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 24.3 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 397,000 $ 265,000 $ 216,950 $ 169,997

2684 2136 2135 1622

0.25 - 0.50 acre 6,501 8,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 4.0 4.0 3.0

3.0 2.5 3.0 2.0

26 25 22 21

40 40 40 41

4 2 8 7

4 3 2 5

183 192 97 104

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 157 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33186

Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 158 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33186

Price per Square Foot


Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 159 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33186

Market Action Index


The MIAMI, 33186 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 24.27 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Three of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the current levels of demand. Quartile 1 (the highest price group) is showing stronger demand than the others, a Seller's market, as buyers seem 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 160 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33186

Days on Market
The properties have been on the market for an average of 144 days. Half of the listings have come newly on the market in the past 77 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 161 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33184

This Week
The median list price in MIAMI, FL 33184 this week is $260,000. The 48 properties have been on the market for an average of 126 days.
Median List Price Average List Price

Real-Time Market Profile


$ 260,000 $ 321,658 $ 113 126 48 $ 1,700,000 $ 45,000 23 19 % 2% 4% 2255 4,501 - 6,500 sqft 4.0 3.0

Trend
== +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory is tightening and days-onmarket is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 23.9 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 425,000 $ 282,500 $ 235,000 $ 172,450

3034 2515 1972 1656

8,001 10,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 4.0 3.0 3.0

3.5 3.0 2.0 2.0

18 25 30 26

12 12 12 12

1 0 0 1

0 2 0 2

139 132 128 105

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 162 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33184

Median Price
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 163 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33184

Price per Square Foot


In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 164 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33184

Market Action Index


The MIAMI, 33184 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.86 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 165 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33184

Days on Market
The properties have been on the market for an average of 126 days. Half of the listings have come newly on the market in the past 74 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 166 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33185

This Week
The median list price in MIAMI, FL 33185 this week is $289,900. The 80 properties have been on the market for an average of 133 days.
Median List Price Average List Price

Real-Time Market Profile


$ 289,900 $ 298,090 $ 117 133 80 $ 649,000 $ 155,000 11 20 % 2% 2% 2529 4,501 - 6,500 sqft 4.0 3.0

Trend
+ + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down recently, but as dayson-market decreases also, there are not strong signals for the direction of the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 24.8 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 372,000 $ 312,450 $ 259,900 $ 220,000

2763 2578 2552 1904

4,501 6,500 sqft 4,501 6,500 sqft Less than 4,500 sqft 4,501 6,500 sqft

4.0 4.0 4.0 3.0

3.0 3.0 3.0 2.0

8 8 8 12

20 20 20 20

0 1 3 4

2 0 2 1

145 121 130 137

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 167 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33185

Median Price
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 168 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33185

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 169 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33185

Market Action Index


The MIAMI, 33185 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 24.83 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 170 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33185

Days on Market
The properties have been on the market for an average of 133 days. Half of the listings have come newly on the market in the past 77 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 171 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33156

This Week
The median list price in MIAMI, FL 33156 this week is $575,000. The 43 properties have been on the market for an average of 209 days.
Median List Price Average List Price

Real-Time Market Profile


$ 575,000 $ 840,670 $ 182 209 43 $ 9,975,000 $ 224,900 37 21 % 2% 2% 2769 0.25 - 0.50 acre 4.0 3.0

Trend
+ + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down recently, but as dayson-market decreases also, there are not strong signals for the direction of the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 19.2 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 1,152,000 $ 649,000 $ 455,000 $ 358,000

5188 3560 2572 2136

0.50 - 1.0 acre 0.25 - 0.50 acre 0.25 - 0.50 acre 0.25 - 0.50 acre

5.0 4.0 4.0 3.0

5.0 4.0 3.0 2.0

20 48 50 50

10 11 11 11

0 0 1 0

1 0 0 1

292 230 144 178

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 172 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33156

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 173 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33156

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 174 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33156

Market Action Index


The MIAMI, 33156 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 19.16. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 175 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33156

Days on Market
The properties have been on the market for an average of 209 days. Half of the listings have come newly on the market in the past 91 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 176 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33155

This Week
The median list price in MIAMI, FL 33155 this week is $250,000. The 109 properties have been on the market for an average of 155 days.
Median List Price Average List Price

Real-Time Market Profile


$ 250,000 $ 336,194 $ 156 155 109 $ 3,300,000 $ 99,500 54 27 % 5% 3% 1650 6,501 - 8,000 sqft 3.0 2.0

Trend
+ +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down recently, but as dayson-market decreases also, there are not strong signals for the direction of the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 23.8 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 480,000 $ 280,000 $ 229,500 $ 169,500

2350 1734 1453 1305

0.25 - 0.50 acre 6,501 8,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft

3.0 3.0 3.0 3.0

3.0 2.0 2.0 2.0

56 57 59 58

27 27 27 28

5 2 3 8

1 4 3 7

157 153 153 158

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 177 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33155

Median Price
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 178 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33155

Price per Square Foot


Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 179 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33155

Market Action Index


The MIAMI, 33155 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.79 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Three of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the current levels of demand. Quartile 1 (the highest price group) is showing stronger demand than the others, a Seller's market, as buyers seem 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 180 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33155

Days on Market
The properties have been on the market for an average of 155 days. Half of the listings have come newly on the market in the past 105 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 181 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33166

This Week
The median list price in MIAMI, FL 33166 this week is $309,500. The 60 properties have been on the market for an average of 173 days.
Median List Price Average List Price

Real-Time Market Profile


$ 309,500 $ 380,850 $ 164 173 60 $ 1,650,000 $ 64,900 57 33 % 10 % 2% 1882 8,001 - 10,000 sqft 3.0 2.0

Trend
== ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 19.8 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 545,000 $ 341,000 $ 270,000 $ 205,000

2932 1969 1713 1450

0.25 - 0.50 acre 0.25 - 0.50 acre 8,001 10,000 sqft 6,501 8,000 sqft

4.0 3.0 3.0 3.0

3.0 2.0 2.0 2.0

52 60 61 59

15 15 15 15

1 2 3 0

0 0 1 3

232 160 142 159

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 182 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33166

Median Price
This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 183 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33166

Price per Square Foot


The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 184 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33166

Market Action Index


The MIAMI, 33166 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 19.79. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 185 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33166

Days on Market
The properties have been on the market for an average of 173 days. Half of the listings have come newly on the market in the past 133 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 186 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33157

This Week
The median list price in MIAMI, FL 33157 this week is $255,000. The 257 properties have been on the market for an average of 175 days.
Median List Price Average List Price

Real-Time Market Profile


$ 255,000 $ 349,461 $ 114 175 257 $ 8,000,000 $ 21,000 35 26 % 5% 4% 2184 0.25 - 0.50 acre 4.0 2.0

Trend
+ + + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 23.0 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 599,000 $ 347,000 $ 169,450 $ 104,030

3474 2664 1796 1454

0.25 - 0.50 acre 0.25 - 0.50 acre 8,001 10,000 sqft 8,001 10,000 sqft

4.0 4.0 3.0 3.0

3.0 2.0 2.0 2.0

23 40 42 43

64 64 64 65

5 5 8 4

2 7 3 6

203 172 174 151

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 187 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33157

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 188 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33157

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 189 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33157

Market Action Index


The MIAMI, 33157 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 22.99. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 190 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33157

Days on Market
The properties have been on the market for an average of 175 days. Half of the listings have come newly on the market in the past 112 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 191 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33167

This Week
The median list price in MIAMI, FL 33167 this week is $92,450. The 64 properties have been on the market for an average of 194 days.
Median List Price Average List Price

Real-Time Market Profile


$ 92,450 $ 106,803 $ 75 194 64 $ 350,000 $ 34,900 54 17 % 2% 3% 1242 6,501 - 8,000 sqft 3.0 2.0

Trend
+ == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

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

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 17.7 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 156,500 $ 100,000 $ 80,000 $ 54,000

1428 1252 1259 1068

0.25 - 0.50 acre 6,501 8,000 sqft 8,001 10,000 sqft 6,501 8,000 sqft

3.0 3.0 3.0 2.0

2.0 2.0 1.5 1.0

56 56 58 58

16 16 16 16

1 1 2 1

0 0 0 1

241 168 187 179

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 192 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33167

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 193 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33167

Price per Square Foot


The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 194 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33167

Market Action Index


The MIAMI, 33167 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 17.70. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 195 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33167

Days on Market
The properties have been on the market for an average of 194 days. Half of the listings have come newly on the market in the past 150 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 196 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33168

This Week
The median list price in MIAMI, FL 33168 this week is $95,000. The 91 properties have been on the market for an average of 178 days.
Median List Price Average List Price

Real-Time Market Profile


$ 95,000 $ 104,921 $ 75 178 91 $ 299,000 $ 26,000 60 20 % 8% 1% 1287 6,501 - 8,000 sqft 3.0 2.0

Trend
+ + ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 20.6 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 155,000 $ 115,000 $ 80,000 $ 60,300

1613 1298 1252 1064

8,001 10,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft

3.0 3.0 3.0 2.0

2.0 1.0 2.0 1.0

61 60 60 61

22 23 23 23

1 0 2 1

1 0 3 4

213 169 162 169

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 197 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33168

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 198 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33168

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 199 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33168

Market Action Index


The MIAMI, 33168 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 20.64. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 200 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33168

Days on Market
The properties have been on the market for an average of 178 days. Half of the listings have come newly on the market in the past 133 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 201 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33169

This Week
The median list price in MIAMI, FL 33169 this week is $125,000. The 85 properties have been on the market for an average of 151 days.
Median List Price Average List Price

Real-Time Market Profile


$ 125,000 $ 144,085 $ 78 151 85 $ 475,000 $ 27,300 48 27 % 1% 4% 1544 8,001 - 10,000 sqft 3.0 2.0

Trend
+ + + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory and days-on-market basically unchanged and the Market Action Index increasing, the market is not sending strong directional signal for the near-term outlook.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 23.9 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 249,900 $ 145,000 $ 105,000 $ 79,450

2599 1684 1466 1394

6,501 8,000 sqft 8,001 10,000 sqft 6,501 8,000 sqft 8,001 10,000 sqft

4.0 3.0 3.0 3.0

2.0 2.0 2.0 2.0

41 52 54 54

21 21 21 22

1 2 0 3

3 3 4 3

183 133 150 138

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 202 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33169

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 203 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33169

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 204 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33169

Market Action Index


The MIAMI, 33169 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.88 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 205 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33169

Days on Market
The properties have been on the market for an average of 151 days. Half of the listings have come newly on the market in the past 98 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 206 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33170

This Week
The median list price in MIAMI, FL 33170 this week is $149,500. The 70 properties have been on the market for an average of 213 days.
Median List Price Average List Price

Real-Time Market Profile


$ 149,500 $ 285,288 $ 76 213 70 $ 1,495,000 $ 25,000 27 24 % 7% 1% 1974 8,001 - 10,000 sqft 3.5 2.0

Trend
== + == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 19.0 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 600,000 $ 264,900 $ 125,000 $ 56,500

3807 2800 1901 1219

2.5 - 5.0 acres 0.50 - 1.0 acre 4,501 6,500 sqft 8,001 10,000 sqft

4.0 3.0 4.0 3.0

3.0 2.0 2.0 1.5

21 30 5 47

17 17 18 18

2 1 2 0

0 2 2 2

255 188 205 204

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 207 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33170

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 208 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33170

Price per Square Foot


In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 209 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33170

Market Action Index


The MIAMI, 33170 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 19.04. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 210 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33170

Days on Market
The properties have been on the market for an average of 213 days. Half of the listings have come newly on the market in the past 189 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 211 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33172

This Week
The median list price in MIAMI, FL 33172 this week is $350,900. The 9 properties have been on the market for an average of 0 days.
Median List Price Average List Price

Real-Time Market Profile


$ 350,900 $ 374,533 $ 191 0 9 $ 970,000 $ 59,000 12 22 % 0% 0% 1920 6,501 - 8,000 sqft 3.0 3.0

Trend
== ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory is tightening and days-onmarket is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 16.5 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$0 $ 407,500 $ 345,900 $0

3096

0.25 - 0.50 acre

4.0 3.0 3.0 3.0

3.0 3.0 2.0 2.0

11 16 0 16

2 2 2 3

1 0 0 1

1 0 1 1

0 94 0 0

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

1945 not available 1734 1691


Less than 4,500 sqft 4,501 6,500 sqft

Page 212 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33172

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 213 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33172

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 214 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33172

Market Action Index


The MIAMI, 33172 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 16.55. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 215 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33172

Days on Market
The properties have been on the market for an average of 0 days. Half of the listings have come newly on the market in the past 0 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 216 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33162

This Week
The median list price in MIAMI, FL 33162 this week is $144,000. The 131 properties have been on the market for an average of 172 days.
Median List Price Average List Price

Real-Time Market Profile


$ 144,000 $ 173,032 $ 93 172 131 $ 1,595,000 $ 45,900 56 22 % 4% 4% 1516 6,501 - 8,000 sqft 3.0 2.0

Trend
== == == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 23.7 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 249,500 $ 162,995 $ 120,000 $ 89,000

1759 1478 1558 1296

8,001 10,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft 6,501 8,000 sqft

3.0 3.0 3.0 3.0

2.0 2.0 2.0 2.0

55 57 57 57

32 33 33 33

3 3 0 7

1 3 3 6

211 165 155 160

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 217 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33162

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 218 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33162

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 219 of 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33162

Market Action Index


The MIAMI, 33162 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.74 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 220 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33162

Days on Market
The properties have been on the market for an average of 172 days. Half of the listings have come newly on the market in the past 126 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 221 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33173

This Week
The median list price in MIAMI, FL 33173 this week is $305,500. The 74 properties have been on the market for an average of 160 days.
Median List Price Average List Price

Real-Time Market Profile


$ 305,500 $ 415,530 $ 154 160 74 $ 1,379,000 $ 130,000 36 22 % 8% 4% 1979 8,001 - 10,000 sqft 3.0 2.0

Trend
== ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 19.7 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$0 $ 355,000 $ 278,000 $ 179,000

3802 2254 1795 1416

0.25 - 0.50 acre 8,001 10,000 sqft 8,001 10,000 sqft 6,501 8,000 sqft

5.0 3.5 3.0 3.0

4.0 2.0 2.0 2.0

20 42 43 37

18 18 19 19

3 4 1 1

2 0 1 4

234 119 0 112

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 222 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33173

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 223 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33173

Price per Square Foot


This is a market where watching the value metrics (like price per square foot) can provide insight that you don't get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

Page 224 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33173

Market Action Index


The MIAMI, 33173 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 19.72. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 225 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33173

Days on Market
The properties have been on the market for an average of 160 days. Half of the listings have come newly on the market in the past 122 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 226 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33161

This Week
The median list price in MIAMI, FL 33161 this week is $155,000. The 176 properties have been on the market for an average of 211 days.
Median List Price Average List Price

Real-Time Market Profile


$ 155,000 $ 196,497 $ 99 211 176 $ 1,150,000 $ 54,900 60 23 % 7% 3% 1562 8,001 - 10,000 sqft 3.0 2.0

Trend
+ == + ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 20.7 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 305,500 $ 185,000 $ 135,000 $ 90,000

1854 1720 1411 1270

0.25 - 0.50 acre 8,001 10,000 sqft 6,501 8,000 sqft 8,001 10,000 sqft

3.0 3.0 3.0 3.0

2.0 2.0 2.0 2.0

60 60 60 59

44 44 44 44

4 5 4 5

1 3 1 5

208 260 195 180

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 227 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33161

Median Price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 228 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33161

Price per Square Foot


The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average

90-day Average

Page 229 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33161

Market Action Index


The MIAMI, 33161 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 20.68. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 230 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33161

Days on Market
The properties have been on the market for an average of 211 days. Half of the listings have come newly on the market in the past 126 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 231 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33174

This Week
The median list price in MIAMI, FL 33174 this week is $249,900. The 25 properties have been on the market for an average of 172 days.
Median List Price Average List Price

Real-Time Market Profile


$ 249,900 $ 311,624 $ 146 172 25 $ 1,650,000 $ 150,000 33 24 % 4% 0% 1720 6,501 - 8,000 sqft 3.0 2.0

Trend
== == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 22.8 The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 367,500 $ 279,950 $ 225,000 $ 180,000

2285 1822 1684 1650

6,501 8,000 sqft 8,001 10,000 sqft 8,001 10,000 sqft 6,501 8,000 sqft

4.0 3.0 3.0 3.0

3.0 2.0 2.0 2.0

31 30 30 33

6 6 6 7

0 1 0 2

0 0 0 2

209 122 44 0

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 232 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33174

Median Price
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 233 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33174

Price per Square Foot


We're seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to microlocation variables.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 234 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33174

Market Action Index


The MIAMI, 33174 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 22.82. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 235 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33174

Days on Market
The properties have been on the market for an average of 172 days. Half of the listings have come newly on the market in the past 98 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 236 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33175

This Week
The median list price in MIAMI, FL 33175 this week is $299,500. The 107 properties have been on the market for an average of 188 days.
Median List Price Average List Price

Real-Time Market Profile


$ 299,500 $ 436,748 $ 136 188 107 $ 2,900,000 $ 135,700 26 22 % 6% 4% 2354 6,501 - 8,000 sqft 4.0 3.0

Trend
+ + == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 25.7 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 849,498 $ 365,000 $ 254,900 $ 195,000

4102 2457 2179 1612

0.50 - 1.0 acre 6,501 8,000 sqft 6,501 8,000 sqft 4,501 6,500 sqft

5.0 4.0 4.0 3.0

4.0 3.0 3.0 2.0

17 22 27 33

26 27 27 27

3 1 1 6

1 2 7 9

255 165 158 174

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 237 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33175

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 238 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33175

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 239 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33175

Market Action Index


The MIAMI, 33175 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 25.73 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Three of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the current levels of demand. Quartile 1 (the highest price group) is showing stronger demand than the others, a Seller's market, as buyers seem 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 240 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33175

Days on Market
The properties have been on the market for an average of 188 days. Half of the listings have come newly on the market in the past 112 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 241 of 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33176

This Week
The median list price in MIAMI, FL 33176 this week is $424,999. The 157 properties have been on the market for an average of 182 days.
Median List Price Average List Price

Real-Time Market Profile


$ 424,999 $ 530,791 $ 156 182 157 $ 1,790,000 $ 43,900 34 34 % 10 % 2% 2698 0.25 - 0.50 acre 4.0 3.0

Trend
+ + + +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

With inventory and days-on-market basically unchanged and the Market Action Index increasing, the market is not sending strong directional signal for the near-term outlook.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Strong Buyer's 20.0 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 949,050 $ 500,000 $ 350,000 $ 152,250

4719 3131 2367 1622

0.50 - 1.0 acre 0.25 - 0.50 acre 0.25 - 0.50 acre 8,001 10,000 sqft

5.0 4.0 3.0 3.0

4.0 3.0 2.0 2.0

19 32 41 51

39 39 39 40

1 4 2 2

2 2 5 4

275 140 163 152

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 242 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33176

Median Price
We 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.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 243 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33176

Price per Square Foot


The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

7-day Average

90-day Average

Page 244 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33176

Market Action Index


The MIAMI, 33176 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands at 20.05. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 245 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33176

Days on Market
The properties have been on the market for an average of 182 days. Half of the listings have come newly on the market in the past 119 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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 246 251

Monday September 19, 2011

Neighborhood Detail
Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

Single Family Homes in

MIAMI, FL 33165

This Week
The median list price in MIAMI, FL 33165 this week is $269,500. The 90 properties have been on the market for an average of 157 days.
Median List Price Average List Price

Real-Time Market Profile


$ 269,500 $ 306,188 $ 135 157 90 $ 1,350,000 $ 80,000 45 24 % 6% 7% 1910 8,001 - 10,000 sqft 3.0 2.0

Trend
== == ==

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

Supply and Demand


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

Median Number of Bathrooms

Altos Research Value Statistics


Market Action Index Buyer's Advantage 25.8 == The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile


Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 432,500 $ 300,000 $ 229,990 $ 140,000

3202 2090 1853 1367

0.25 - 0.50 acre 6,501 8,000 sqft 6,501 8,000 sqft 8,001 10,000 sqft

4.0 3.5 4.0 3.0

3.0 3.0 2.0 2.0

29 44 54 55

22 22 23 23

0 4 6 3

1 3 4 6

220 134 142 134

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 247 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33165

Median Price
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

7-day Average

90-day Average

Quartile Prices
In the quartile market segments, we see prices in this zip code 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 248 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33165

Price per Square Foot


The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average

90-day Average

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Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33165

Market Action Index


The MIAMI, 33165 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 25.84 so buyers should expect to find reasonable levels of selection.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile


Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of demand. 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 characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage 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 function of the current rate of sale versus current inventory.

Page 250 251

Monday September 19, 2011

Neighborhood Detail

Single Family Homes in

Ekaterina Bazyka | Luxury Home Specialist | 954.224.0311

MIAMI, FL 33165

Days on Market
The properties have been on the market for an average of 157 days. Half of the listings have come newly on the market in the past 91 or so days.

7-day Average

90-day Average

Days on Market per Quartile


It 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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Monday September 19, 2011

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