South Florida Market Stats
June 2023
| Miami Single Family Homes | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 1,004 | 1,139 | -11.9% |
| % Paid in Cash | 26.6% | 30.2% | -11.9% |
| Median Sale Price | $622,500 | $579,000 | 7.5% |
| Dollar Volume | $1,038,246,440 | $1,200,985,519 | -13.6% |
| % of Original List Price Received | 97 | 100 | -3% |
| Median Time to Contract | 27 | 15 | 80.0% |
| Median Time to Sales | 71 | 60 | 18.3% |
| Active Inventory | 2,911 | 3,422 | -14.9% |
| Months Supply of Inventory | 3.3 | 2.8 | 17.9% |
| Miami Townhomes & Condos | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 1,360 | 1,752 | -22.4% |
| % Paid in Cash | 56.0% | 52.8% | 5.6% |
| Median Sale Price | $418,000 | $410,000 | 2.0% |
| Dollar Volume | $941,704,800 | $1,260,758,472 | -25.3% |
| % of Original List Price Received | 96 | 100 | -4% |
| Median Time to Contract | 32 | 22 | 45.5% |
| Median Time to Sales | 77 | 67 | 14.9% |
| Active Inventory | 6,116 | 5,817 | 5.1% |
| Months Supply of Inventory | 5.0 | 3 | 72.4% |
| Broward Single Family Homes | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 1,256 | 1,440 | -12.8% |
| % Paid in Cash | 26.1% | 28.1% | -6.9% |
| Median Sale Price | $615,000 | $590,000 | 4.2% |
| Dollar Volume | $1,033,694,280 | $1,186,456,320 | -12.9% |
| % of Original List Price Received | 98 | 100 | -2% |
| Median Time to Contract | 19 | 12 | 58.3% |
| Median Time to Sales | 60 | 51 | 17.6% |
| Active Inventory | 2,826 | 2,798 | 1.0% |
| Months Supply of Inventory | 2.7 | 1.9 | 42.1% |
| Broward Townhomes & Condos | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 1,466 | 1,738 | -15.7% |
| % Paid in Cash | 53.8% | 58.0% | -7.3% |
| Median Sale Price | $280,000 | $265,000 | 5.7% |
| Dollar Volume | $530,321,102 | $664,465,208 | -20.2% |
| % of Original List Price Received | 96 | 100 | -3.6% |
| Median Time to Contract | 26 | 13 | 100.0% |
| Median Time to Sales | 68 | 55 | 23.6% |
| Active Inventory | 4,291 | 3,044 | 41.0% |
| Months Supply of Inventory | 3.4 | 1.7 | 100.0% |
| Palm Beach Single Family Homes | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 1,428 | 1,472 | -2.99% |
| % Paid in Cash | 42.9% | 46.8% | -8.3% |
| Median Sale Price | $625,000 | $620,000 | 0.81% |
| Dollar Volume | $1,522,583,580 | $1,741,005,056 | -12.5% |
| % of Original List Price Received | 96 | 100 | -5% |
| Median Time to Contract | 26 | 12 | 116.67% |
| Median Time to Sales | 73 | 55 | 32.73% |
| Active Inventory | 3,497 | 3,421 | 2.22% |
| Months Supply of Inventory | 3.0 | 2.3 | 30.4% |
| Palm Beach Townhomes & Condos | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 1,204 | 1,252 | -3.8% |
| % Paid in Cash | 61.4% | 63.2% | -2.8% |
| Median Sale Price | $325,000 | $312,500 | 4.0% |
| Dollar Volume | $662,726,148 | $606,855,668 | 9.2% |
| % of Original List Price Received | 96 | 100 | -5% |
| Median Time to Contract | 26 | 11 | 136.4% |
| Median Time to Sales | 71 | 51 | 39.2% |
| Active Inventory | 3,592 | 2,408 | 49.2% |
| Months Supply of Inventory | 3.6 | 1.7 | 111.8% |
| Martin Single Family Homes | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 193 | 185 | 4.3% |
| % Paid in Cash | 43.5% | 51.4% | -15.2% |
| Median Sale Price | $598,500 | $590,000 | 1.4% |
| Dollar Volume | $140,585,832 | $149,835,755 | -6.2% |
| % of Original List Price Received | 96 | 98 | -2% |
| Median Time to Contract | 22 | 14 | 57.1% |
| Median Time to Sales | 66 | 55 | 20.0% |
| Active Inventory | 467 | 429 | 8.9% |
| Months Supply of Inventory | 2.9 | 2.2 | 31.8% |
| Martin Townhomes & Condos | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 109 | 99 | 10.1% |
| % Paid in Cash | 60.6% | 59.6% | 1.6% |
| Median Sale Price | $305,900 | $290,000 | 5.5% |
| Dollar Volume | $42,338,761 | $35,517,240 | 19.2% |
| % of Original List Price Received | 94 | 100 | -5.7% |
| Median Time to Contract | 36 | 11 | 227.3% |
| Median Time to Sales | 77 | 51 | 51.0% |
| Active Inventory | 287 | 187 | 53.5% |
| Months Supply of Inventory | 3.3 | 1.8 | 83.3% |
| Saint Lucie Single Family Homes | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 566 | 625 | -9.4% |
| % Paid in Cash | 27.0% | 29.0% | -6.7% |
| Median Sale Price | $390,000 | $399,000 | -2.3% |
| Dollar Volume | $241,687,094 | $265,365,625 | -8.9% |
| % of Original List Price Received | 97 | 100 | -2.6% |
| Median Time to Contract | 29 | 10 | 190.0% |
| Median Time to Sales | 74 | 52 | 42.3% |
| Active Inventory | 1,135 | 1,228 | -7.6% |
| Months Supply of Inventory | 2.3 | 2.0 | 15.0% |
| Saint Lucie Townhomes & Condos | June 2023 | June 2022 | % Change Year-over-Year |
| Closed Sales | 102 | 112 | -8.9% |
| % Paid in Cash | 57.8% | 58.9% | -1.8% |
| Median Sale Price | $280,950 | $318,500 | -11.8% |
| Dollar Volume | $40,593,246 | $42,980,224 | -5.6% |
| % of Original List Price Received | 94 | 97 | -3.1% |
| Median Time to Contract | 53 | 16 | 231.3% |
| Median Time to Sales | 86 | 52 | 65.4% |
| Active Inventory | 395 | 201 | 96.5% |
| Months Supply of Inventory | 4.8 | 1.8 | 166.7% |
Summary Reports
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Miami-Dade County_Single Family Homes_2023-06_Summary
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Miami-Dade County_Townhouses and Condos_2023-06_Summary
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Broward County_Single Family Homes_2023-06_Summary
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Broward County_Townhouses and Condos_2023-06_Summary
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Palm Beach County_Single Family Homes_2023-06_Summary
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Palm Beach County_Townhouses and Condos_2023-06_Summary
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Martin County_Single Family Homes_2023-06_Summary
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Martin County_Townhouses and Condos_2023-06_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2023-06_Detail
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Miami-Dade County_Townhouses and Condos_2023-06_Detail
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Broward County_Single Family Homes_2023-06_Detail
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Broward County_Townhouses and Condos_2023-06_Detail
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Palm Beach County_Single Family Homes_2023-06_Detail
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Palm Beach County_Townhouses and Condos_2023-06_Detail
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Martin County_Single Family Homes_2023-06_Detail
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Martin County_Townhouses and Condos_2023-06_Detail
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