Miami

Aventura

George Formento

Compass Florida, LLC.

George Formento

Compass Florida, LLC.

$868kmedian price

7homes sold

4buyer transactions

George Formento's Top Cities

Listings closed in the past 24 months

Miami7

Aventura3

Key Biscayne1

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Performance Summary

Since June 2022, George Formento has closed 7 transactions representing homeowners, and 4 transactions representing buyers with a total production value of $15M and a median price of $835k. Most of George Formento's transactions are condos.

Florida

Select a market segment:

All Property Types

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

88%

Market Average

78%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

96%

Market Average

97%

Speed To Sale

SPEEDDays on Market

14 Days

+50% faster

Market Average

21 Days

George Formento’s Performance by City

Compare George Formento’s performance to other agents based on price range and property type.

Miami, Florida
ZIP: 33133
ZIP: 33145
ZIP: 33176
ZIP: 33132

Select a market segment:

All Property Types

Single Family Homes

Condos

Townhomes

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

George Formento has sold 5 listings in Miami. The market average for similar properties sold in this area is 2, meaning George Formento has sold 3 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

63%

George Formento has a close rate of 100% for listings in Miami. The market average for similar listings in this area is 63%, so George Formento has closed 37% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

97%

George Formento closed listings in Miami for 97% of the original listing price. The market average for similar properties is also 97%, meaning George Formento closes listings at the same rate as their peers, which is 3% less than the listing price.

Speed To Sale

SPEEDDays on Market

10 Days

+180% faster

Market Average

28 Days

George Formento's average days on market for listings in Miami is 10 days. The market average for similar properties is 28 days, meaning George Formento closes listings 180% faster than their peers.

Aventura, Florida
ZIP: 33180

Select a market segment:

All Property Types

Condos

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

George Formento has sold 2 listings in Aventura. The market average for similar properties sold in this area is 1, meaning George Formento has sold 100% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

67%

Market Average

57%

George Formento has a close rate of 67% for listings in Aventura. The market average for similar listings in this area is 57%, so George Formento has closed 10% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

92%

Market Average

95%

George Formento closed listings in Aventura at 92% of the original listing price. That’s a drop of 8% from the original listing price. The market average in this area is 95%, meaning George Formento drops the listing price by 3% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

30 Days

+50% faster

Market Average

45 Days

George Formento's average days on market for listings in Aventura is 30 days. The market average for similar properties is 45 days, meaning George Formento closes listings 50% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

9295 SW 114TH STREET

Miami

Single Family House

$2m | 4 BR | 3 BA

buyer

November 13, 2023

5 months ago

21205 YACHT CLUB DRIVE UNIT#402

Aventura

Condominium

$675k | 3 BR | 2 BA

both

July 28, 2023

9 months ago

881 OCEAN DRIVE UNIT#21H

Key Biscayne

Condominium

$3m | 3 BR | 3 BA

buyer

March 23, 2023

about 1 year ago

10450 SW 109TH STREET

Miami

Single Family House

$900k | 5 BR | 2 BA

seller

March 03, 2023

about 1 year ago

133 NE 2ND AVENUE UNIT#1204

Miami

Condominium

$325k | 1 BR | 1 BA

seller

January 26, 2023

about 1 year ago

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