Aventura Condo Market | An 8-Year Snapshot
Why 8 years? Originally, I had the idea to research Aventura condo trends a decade back, but after researching further, our trends & stats only go back to 2009. I then thought a 5-year study would be adequate to prove the point, but it didn’t show the scope of our condo market roller coaster as we exited the blood bath of 2007 through 2009. As we see below, the bold buyers who stepped in and bought with great leverage around 2009 did exceptionally well with their investment properties. New construction has also added to the South Florida condo inventory, with developments such as Bellini, Echo, and Marina Palms now gracing our skyline.
AVENTURA CONDOS (2009 to 2017)
Ample inventory limited buyer pool – these are the fundamentals of supply & demand, and our current condo market proves what it means to be in a strong buyers’ market. An article from TRD this week interviews Jorge Perez, in which he mentions Miami’s unpredictable market and uncertainty with the vast amount of foreign buyers. This is typical in Miami as global investors trade condos like New York trades stocks. And because of the strong U.S. dollar, many of our International buyers are simply waiting.
“The fact is that Miami is unpredictable, and the reason that Miami is unpredictable is that the demand, particularly for condominium product, is not local. – Jorge Perez of Related
So what’s the conclusion, my friends?
Continued Aventura Condo Deals.
Luxury Real Estate in Southeast Florida
Whether you’re looking for the latest in waterfront estates, land for development, corporate and athlete relocation, market trends, off-market opportunities, new construction, bulk sales, or just a great deal, I’ll have it customized and ready for you.
Over 15 Years Experience – I’m a Southeast Florida real estate broker-associate with the leading firm – ONE Sotheby’s International Realty. Why Sotheby’s? Because of the brand heritage, prestige, vast global reach, and propensity for perfection. Since 2002, I’ve been active in the Southeast Florida market with experience that rarely disappoints. No hassle. No pressure. Just honest advice.
The Miami Beach Real Estate Blog is an awesome online database for Southeast Florida real estate information. Contact me for the perfect properties along Miami Beach, Sunny Isles Beach, Aventura, Bal Harbour, Surfside, North Bay Village, and South Beach. I also cover the most desirable areas of Fort Lauderdale, Key Biscayne, Coconut Grove, Coral Gables, and Bay Harbour Islands. Gain fast access to the latest real estate trends, exclusive listings, preferred developments, important area updates, sales & statistics by signing up for the Monthly VIP Buyer Alert. Explore Miami developments, gated communities, waterfront homes, luxury townhomes, gorgeous Aventura Penthouses, and much more.
Say Hello On
Luxury Condos, Penthouses, & Waterfront Homes
- ONE Sotheby’s International Realty – Ashton Coleman
- Jade Beach, Jade Ocean & Jade Signature Condos
- Turnberry Ocean Colony Condos
- Marketing by Ashton Coleman
- Marketing Your Luxury Property
- Marketing Presentation
- ONE Sotheby’s International Realty Marketing & Affiliates
- CPG YouTube Channel
- Client Reviews
- Sold Miami Properties
- TRENDS 2017 – Miami & Broward
- Sotheby’s International Realty History/Overview
- Sotheby’s – An Overview and the Auction House
- ONE Sotheby’s International Realty History/Overview
- New Miami Listings
Who You Are:
You are a client – not a customer:
- Clients are under the protection of another
- Customers purchase a commodity or service
Knowledge is protection. As a client, you can expect fully accurate information you will understand, implement, and use to build your net worth.