South Florida Market Stats
May 2025
| Miami Single Family Homes | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 943 | 1,102 | -14.4% |
| % Paid in Cash | 23.3% | 26.2% | -11.0% |
| Median Sale Price | $675,000 | $650,000 | 3.8% |
| Dollar Volume | $1,081,592,710 | $1,311,169,518 | -17.5% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 40 | 33 | 21.2% |
| Median Time to Sales | 78 | 76 | 2.6% |
| Active Inventory | 5,687 | 3,949 | 44.0% |
| Months Supply of Inventory | 6.6 | 4.4 | 50.0% |
| Miami Townhomes & Condos | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 970 | 1,295 | -25.1% |
| % Paid in Cash | 50.3% | 49.0% | 2.7% |
| Median Sale Price | $425,000 | $425,000 | 0.0% |
| Dollar Volume | $854,179,090 | $943,785,640 | -9.5% |
| % of Original List Price Received | 93 | 95 | -2% |
| Median Time to Contract | 63 | 46 | 37.0% |
| Median Time to Sales | 104 | 87 | 19.5% |
| Active Inventory | 13,192 | 9,456 | 39.5% |
| Months Supply of Inventory | 14.0 | 9 | 62.8% |
| Broward Single Family Homes | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 1,110 | 1,249 | -11.1% |
| % Paid in Cash | 21.4% | 24.3% | -11.9% |
| Median Sale Price | $625,000 | $625,000 | 0.0% |
| Dollar Volume | $940,136,700 | $1,073,596,685 | -12.4% |
| % of Original List Price Received | 95 | 97 | -2% |
| Median Time to Contract | 38 | 29 | 31.0% |
| Median Time to Sales | 78 | 67 | 16.4% |
| Active Inventory | 5,862 | 4,359 | 34.5% |
| Months Supply of Inventory | 5.9 | 4.3 | 37.2% |
| Broward Townhomes & Condos | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 1,014 | 1,334 | -24.0% |
| % Paid in Cash | 50.0% | 52.8% | -5.3% |
| Median Sale Price | $275,000 | $282,000 | -2.5% |
| Dollar Volume | $369,154,812 | $500,484,784 | -26.2% |
| % of Original List Price Received | 92 | 94 | -2.0% |
| Median Time to Contract | 65 | 45 | 44.4% |
| Median Time to Sales | 100 | 84 | 19.0% |
| Active Inventory | 12,097 | 8,860 | 36.5% |
| Months Supply of Inventory | 12.5 | 7.6 | 64.5% |
| Palm Beach Single Family Homes | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 1,334 | 1,439 | -7.30% |
| % Paid in Cash | 42.9% | 46.0% | -6.8% |
| Median Sale Price | $640,000 | $645,000 | -0.78% |
| Dollar Volume | $1,856,190,298 | $1,824,552,709 | 1.7% |
| % of Original List Price Received | 93 | 94 | -1% |
| Median Time to Contract | 42 | 39 | 7.69% |
| Median Time to Sales | 86 | 84 | 2.38% |
| Active Inventory | 6,391 | 5,108 | 25.12% |
| Months Supply of Inventory | 5.8 | 4.4 | 31.8% |
| Palm Beach Townhomes & Condos | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 941 | 1,134 | -17.0% |
| % Paid in Cash | 58.1% | 60.1% | -3.3% |
| Median Sale Price | $330,000 | $340,000 | -2.9% |
| Dollar Volume | $583,459,522 | $644,235,606 | -9.4% |
| % of Original List Price Received | 90 | 94 | -4% |
| Median Time to Contract | 60 | 44 | 36.4% |
| Median Time to Sales | 101 | 85 | 18.8% |
| Active Inventory | 8,080 | 6,618 | 22.1% |
| Months Supply of Inventory | 10.2 | 7.0 | 45.7% |
| Martin Single Family Homes | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 188 | 206 | -8.7% |
| % Paid in Cash | 45.7% | 57.3% | -20.1% |
| Median Sale Price | $609,500 | $573,995 | 6.2% |
| Dollar Volume | $198,999,692 | $215,506,282 | -7.7% |
| % of Original List Price Received | 94 | 95 | 0% |
| Median Time to Contract | 54 | 39 | 38.5% |
| Median Time to Sales | 101 | 76 | 32.9% |
| Active Inventory | 1,008 | 722 | 39.6% |
| Months Supply of Inventory | 6.4 | 4.4 | 45.5% |
| Martin Townhomes & Condos | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 84 | 115 | -27.0% |
| % Paid in Cash | 52.4% | 60.0% | -12.7% |
| Median Sale Price | $265,000 | $299,900 | -11.6% |
| Dollar Volume | $38,639,916 | $42,917,770 | -10.0% |
| % of Original List Price Received | 91 | 94 | -2.8% |
| Median Time to Contract | 71 | 55 | 29.1% |
| Median Time to Sales | 123 | 94 | 30.9% |
| Active Inventory | 730 | 561 | 30.1% |
| Months Supply of Inventory | 9.6 | 6.4 | 50.0% |
| Saint Lucie Single Family Homes | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 529 | 557 | -5.0% |
| % Paid in Cash | 24.2% | 28.0% | -13.6% |
| Median Sale Price | $400,000 | $400,000 | 0.0% |
| Dollar Volume | $237,505,130 | $249,815,057 | -4.9% |
| % of Original List Price Received | 95 | 97 | -1.8% |
| Median Time to Contract | 51 | 38 | 34.2% |
| Median Time to Sales | 92 | 82 | 12.2% |
| Active Inventory | 2,615 | 2,062 | 26.8% |
| Months Supply of Inventory | 5.9 | 4.4 | 34.1% |
| Saint Lucie Townhomes & Condos | May 2025 | May 2024 | % Change Year-over-Year |
| Closed Sales | 76 | 113 | -32.7% |
| % Paid in Cash | 48.7% | 52.2% | -6.8% |
| Median Sale Price | $320,000 | $298,000 | 7.4% |
| Dollar Volume | $26,711,188 | $36,695,846 | -27.2% |
| % of Original List Price Received | 93 | 93 | -0.4% |
| Median Time to Contract | 60 | 60 | 0.0% |
| Median Time to Sales | 98 | 89 | 10.1% |
| Active Inventory | 863 | 694 | 24.4% |
| Months Supply of Inventory | 12.1 | 7.9 | 53.2% |
Summary Reports
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Miami-Dade County_Single Family Homes_2025-05_Summary
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Miami-Dade County_Townhouses and Condos_2025-05_Summary
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Broward County_Single Family Homes_2025-05_Summary
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Broward County_Townhouses and Condos_2025-05_Summary
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Palm Beach County_Single Family Homes_2025-05_Summary
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Palm Beach County_Townhouses and Condos_2025-05_Summary
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Martin County_Single Family Homes_2025-05_Summary
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Martin County_Townhouses and Condos_2025-05_Summary
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St. Lucie County_Single Family Homes_2025-05_Summary
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St. Lucie County_Townhouses and Condos_2025-05_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2025-05_Detail
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Miami-Dade County_Townhouses and Condos_2025-05_Detail
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Broward County_Single Family Homes_2025-05_Detail
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Broward County_Townhouses and Condos_2025-05_Detail
-
Palm Beach County_Single Family Homes_2025-05_Detail
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Palm Beach County_Townhouses and Condos_2025-05_Detail
-
Martin County_Single Family Homes_2025-05_Detail
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Martin County_Townhouses and Condos_2025-05_Detail
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St. Lucie County_Single Family Homes_2025-05_Detail
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St. Lucie County_Townhouses and Condos_2025-05_Detail
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