Based on the recent Multiple Listing Services (MLS) figures for this city, there are currently 2,459 condo units listed in this sunny Florida city. The highest priced listing is pegged at $4,800,000 and the lowest-priced condo listing is valued at $110,000 . At present, the properties under contract are placed at 172. According to the closed sales figures, there are around 38.5 months of inventory in the city's condo market.

Is It A Buyer's Market Here Now?
According to local property market analysts, by the numbers presented on the MLS figures, it could be safely said that Aventura's Tembusu Grand Showflat market today would be a buyer's market of sorts, as there are many properties for sale and very few closings as well. It was noted that there were over 2000 condo listings alone, and if you're selling condos, it would mean that you would price these competitively from the start, by basing from the closed sale prices. Condo sellers here too need to be accessible and ensure that their real estate agent is easily accessible as well.

A condo seller here would also need to ensure that their condo unit is in good condition, since a competitive market would mean buyers will surely have other better choices to look at. For condo buyers, they ill surely have the upper hand in this type of market, although tis won't mean that they have the right to offend sellers with really disgusting low offers, however this would mean that someone who is serious about selling his or her condo unit will definitely be willing to negotiate.