South Florida Market Stats
February 2025
| Miami Single Family Homes | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 703 | 764 | -8.0% |
| % Paid in Cash | 26.6% | 29.1% | -8.5% |
| Median Sale Price | $655,000 | $650,000 | 0.8% |
| Dollar Volume | $951,473,241 | $767,924,668 | 23.9% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 46 | 35 | 31.4% |
| Median Time to Sales | 88 | 77 | 14.3% |
| Active Inventory | 5,140 | 3,895 | 32.0% |
| Months Supply of Inventory | 5.8 | 4.4 | 31.8% |
| Miami Townhomes & Condos | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 737 | 941 | -21.7% |
| % Paid in Cash | 54.3% | 54.9% | -1.2% |
| Median Sale Price | $455,000 | $420,000 | 8.3% |
| Dollar Volume | $592,223,720 | $708,935,285 | -16.5% |
| % of Original List Price Received | 94 | 95 | -1% |
| Median Time to Contract | 66 | 49 | 34.7% |
| Median Time to Sales | 106 | 87 | 21.8% |
| Active Inventory | 12,568 | 8,826 | 42.4% |
| Months Supply of Inventory | 12.6 | 8 | 61.5% |
| Broward Single Family Homes | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 802 | 831 | -3.5% |
| % Paid in Cash | 26.4% | 28.3% | -6.5% |
| Median Sale Price | $610,000 | $625,000 | -2.4% |
| Dollar Volume | $671,269,188 | $720,118,008 | -6.8% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 49 | 40 | 22.5% |
| Median Time to Sales | 84 | 76 | 10.5% |
| Active Inventory | 5,361 | 3,901 | 37.4% |
| Months Supply of Inventory | 5.3 | 3.8 | 39.5% |
| Broward Townhomes & Condos | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 789 | 986 | -20.0% |
| % Paid in Cash | 55.8% | 58.2% | -4.2% |
| Median Sale Price | $275,000 | $290,000 | -5.2% |
| Dollar Volume | $299,211,681 | $364,661,254 | -17.9% |
| % of Original List Price Received | 92 | 95 | -2.6% |
| Median Time to Contract | 67 | 43 | 55.8% |
| Median Time to Sales | 105 | 81 | 29.6% |
| Active Inventory | 11,687 | 8,170 | 43.0% |
| Months Supply of Inventory | 11.4 | 6.8 | 67.6% |
| Palm Beach Single Family Homes | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 1,009 | 1,026 | -1.66% |
| % Paid in Cash | 44.6% | 47.3% | -5.7% |
| Median Sale Price | $647,000 | $615,000 | 5.20% |
| Dollar Volume | $1,276,243,740 | $1,058,360,040 | 20.6% |
| % of Original List Price Received | 94 | 94 | -1% |
| Median Time to Contract | 50 | 38 | 31.58% |
| Median Time to Sales | 89 | 78 | 14.10% |
| Active Inventory | 6,292 | 5,080 | 23.86% |
| Months Supply of Inventory | 5.7 | 4.4 | 29.5% |
| Palm Beach Townhomes & Condos | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 685 | 736 | -6.9% |
| % Paid in Cash | 65.1% | 66.0% | -1.4% |
| Median Sale Price | $317,000 | $314,000 | 1.0% |
| Dollar Volume | $394,575,755 | $371,289,920 | 6.3% |
| % of Original List Price Received | 92 | 94 | -2% |
| Median Time to Contract | 66 | 44 | 50.0% |
| Median Time to Sales | 102 | 83 | 22.9% |
| Active Inventory | 8,267 | 6,242 | 32.4% |
| Months Supply of Inventory | 10.0 | 6.3 | 58.7% |
| Martin Single Family Homes | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 154 | 163 | -5.5% |
| % Paid in Cash | 51.9% | 54.6% | -4.9% |
| Median Sale Price | $649,950 | $650,000 | 0.0% |
| Dollar Volume | $191,048,858 | $156,893,531 | 21.8% |
| % of Original List Price Received | 95 | 95 | 0% |
| Median Time to Contract | 40 | 40 | 0.0% |
| Median Time to Sales | 79 | 81 | -2.5% |
| Active Inventory | 969 | 677 | 43.1% |
| Months Supply of Inventory | 5.9 | 4.1 | 43.9% |
| Martin Townhomes & Condos | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 64 | 85 | -24.7% |
| % Paid in Cash | 56.3% | 64.7% | -13.1% |
| Median Sale Price | $271,000 | $275,000 | -1.5% |
| Dollar Volume | $22,549,376 | $27,956,925 | -19.3% |
| % of Original List Price Received | 92 | 97 | -5.4% |
| Median Time to Contract | 77 | 41 | 87.8% |
| Median Time to Sales | 105 | 79 | 32.9% |
| Active Inventory | 806 | 548 | 47.1% |
| Months Supply of Inventory | 10.1 | 6.3 | 60.3% |
| Saint Lucie Single Family Homes | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 374 | 425 | -12.0% |
| % Paid in Cash | 25.1% | 31.1% | -19.1% |
| Median Sale Price | $390,500 | $390,000 | 0.1% |
| Dollar Volume | $165,063,404 | $190,906,175 | -13.5% |
| % of Original List Price Received | 96 | 97 | -0.9% |
| Median Time to Contract | 60 | 35 | 71.4% |
| Median Time to Sales | 97 | 76 | 27.6% |
| Active Inventory | 2,747 | 1,949 | 40.9% |
| Months Supply of Inventory | 6.1 | 4.2 | 45.2% |
| Saint Lucie Townhomes & Condos | February 2025 | February 2024 | % Change Year-over-Year |
| Closed Sales | 56 | 72 | -22.2% |
| % Paid in Cash | 55.4% | 63.9% | -13.4% |
| Median Sale Price | $325,500 | $309,000 | 5.3% |
| Dollar Volume | $24,598,672 | $30,974,040 | -20.6% |
| % of Original List Price Received | 93 | 94 | -1.5% |
| Median Time to Contract | 65 | 58 | 12.1% |
| Median Time to Sales | 99 | 92 | 7.6% |
| Active Inventory | 895 | 642 | 39.4% |
| Months Supply of Inventory | 11.6 | 7.3 | 58.9% |
Summary Reports
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Miami-Dade County_Townhouses and Condos_2025-02_Summary
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St. Lucie County_Single Family Homes_2025-02_Summary
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Palm Beach County_Single Family Homes_2025-02_Summary
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Martin County_Townhouses and Condos_2025-02_Summary
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Palm Beach County_Townhouses and Condos_2025-02_Summary
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Martin County_Single Family Homes_2025-02_Summary
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St. Lucie County_Townhouses and Condos_2025-02_Summary
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Miami-Dade County_Single Family Homes_2025-02_Summary
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Broward County_Single Family Homes_2025-02_Summary
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Broward County_Townhouses and Condos_2025-02_Summary
Detailed Reports
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St. Lucie County_Townhouses and Condos_2025-02_Detail
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Miami-Dade County_Townhouses and Condos_2025-02_Detail
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Palm Beach County_Townhouses and Condos_2025-02_Detail
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Miami-Dade County_Single Family Homes_2025-02_Detail
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Martin County_Single Family Homes_2025-02_Detail
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St. Lucie County_Single Family Homes_2025-02_Detail
-
Palm Beach County_Single Family Homes_2025-02_Detail
-
Martin County_Townhouses and Condos_2025-02_Detail
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Broward County_Single Family Homes_2025-02_Detail
-
Broward County_Townhouses and Condos_2025-02_Detail
South Florida Market Stat InfoGraphics and Videos. Download the South Florida Market Snapshot Info Graphics....
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