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| Aventura Florida Median Home Price Stats - updated 06/29/09 |
Average Listing Price
$494,763 - Down $2,834 - / -0.6% w-o-w
Week ending June 24
Median Sale Price
$250,000 - Down $65,000 - / -20.6% y-o-y
The median sales price for homes in Aventura FL was $250,000 down $65,000 or 20.6%. There are 321
Pre-Foreclosures and 152 Bank Owned Properties in the Aventura market place as per RealtyTrac.com.
Order a property appraisal in Aventura - HERE
$494,763 - Down $2,834 - / -0.6% w-o-w
Week ending June 24
Median Sale Price
$250,000 - Down $65,000 - / -20.6% y-o-y
The median sales price for homes in Aventura FL was $250,000 down $65,000 or 20.6%. There are 321
Pre-Foreclosures and 152 Bank Owned Properties in the Aventura market place as per RealtyTrac.com.
Order a property appraisal in Aventura - HERE
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| Aventura Florida Market History |
Aventura is a planned, suburban Miami city located in northeastern Miami-Dade County, Florida. The city name is
from the Spanish word for "adventure," and was named "Aventura" after one of the developers of the original group of
condominiums in the area remarked to the others, "What an adventure this is going to be." The name predates the
well known mall (Aventura Mall) built near the condominium developments.
Most of what would later become the City of Aventura was initially developed during the late 1970s and into the 80s
as a high-rise residential area by Oxford Development Company, when the area was still mostly swampland known
as "Biscayne Gardens".
Aventura is also home to the Aventura Mall, a high-end regional mall which was developed by Ray Parello, Donny
Soffer, and Eddie Lewis of Oxford Development and is currently owned by Simon Property Group and Turnberry
Associates. The enormous success of the mall encouraged explosive growth in the area and includes a huge AMC
movie theater, as well as Nordstroms, Bloomingdales, Macy's and too many stores to name here. On November 7,
1995, the City of Aventura was incorporated.
Perhaps one of the most famous attractions is the Aventura Mall, a 2,400,000 sq ft (222,967 m2) indoor shopping
center located in the center of the city. The city also has its own exclusive park, Founders Park, and an outdoor mall
named the Shops at Waterways. Although not inside the city limits, some of south Florida's finest beaches are just a
few minutes away from Aventura, across the William H. Lehman Causeway.
from the Spanish word for "adventure," and was named "Aventura" after one of the developers of the original group of
condominiums in the area remarked to the others, "What an adventure this is going to be." The name predates the
well known mall (Aventura Mall) built near the condominium developments.
Most of what would later become the City of Aventura was initially developed during the late 1970s and into the 80s
as a high-rise residential area by Oxford Development Company, when the area was still mostly swampland known
as "Biscayne Gardens".
Aventura is also home to the Aventura Mall, a high-end regional mall which was developed by Ray Parello, Donny
Soffer, and Eddie Lewis of Oxford Development and is currently owned by Simon Property Group and Turnberry
Associates. The enormous success of the mall encouraged explosive growth in the area and includes a huge AMC
movie theater, as well as Nordstroms, Bloomingdales, Macy's and too many stores to name here. On November 7,
1995, the City of Aventura was incorporated.
Perhaps one of the most famous attractions is the Aventura Mall, a 2,400,000 sq ft (222,967 m2) indoor shopping
center located in the center of the city. The city also has its own exclusive park, Founders Park, and an outdoor mall
named the Shops at Waterways. Although not inside the city limits, some of south Florida's finest beaches are just a
few minutes away from Aventura, across the William H. Lehman Causeway.