South Florida Market Stats
February 2021
Miami Single Family Homes | February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 1,093 | 884 | 23.6% |
% Paid in Cash | 20.5% | 21.5% | -4.6% |
Median Sale Price | $450,000 | $370,000 | 21.6% |
Dollar Volume | $1,020,073,947 | $455,442,104 | 124.0% |
% of Original List Price Received |
97 | 95 | 2% |
Median Time to Contract | 30 | 65 | -53.8% |
Median Time to Sales | 79 | 105 | -24.8% |
Active Inventory | 3,128 | 6,238 | -49.9% |
Months Supply of Inventory | 2.8 | 5.5 | -49.1% |
Miami Townhomes & Condos | February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 1,392 | 978 | 42.3% |
% Paid in Cash | 47.8% | 51.5% | -7.7% |
Median Sale Price | $300,000 | $255,000 | 17.6% |
Dollar Volume | $859,270,464 | $372,387,192 | 130.7% |
% of Original List Price Received |
94 | 94 | 0% |
Median Time to Contract | 60 | 85 | -29.4% |
Median Time to Sales | 104 | 127 | -18.1% |
Active Inventory | 11,735 | 14,960 | -21.6% |
Months Supply of Inventory | 10.2 | 13 | -19.0% |
Broward Single Family Homes | February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 1,243 | 1,004 | 23.8% |
% Paid in Cash | 20.6% | 21.5% | -4.3% |
Median Sale Price | $433,000 | $385,000 | 12.5% |
Dollar Volume | $786,301,912 | $546,310,536 | 43.9% |
% of Original List Price Received |
98 | 96 | 2% |
Median Time to Contract | 22 | 56 | -60.7% |
Median Time to Sales | 67 | 96 | -30.2% |
Active Inventory | 2,338 | 4,863 | -51.9% |
Months Supply of Inventory | 1.7 | 3.6 | -52.8% |
Broward Townhomes & Condos | February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 1,451 | 1,155 | 25.6% |
% Paid in Cash | 50.9% | 55.7% | -8.5% |
Median Sale Price | $200,000 | $180,500 | 10.8% |
Dollar Volume | $421,633,031 | $277,282,005 | 52.1% |
% of Original List Price Received |
95 | 94 | 1.1% |
Median Time to Contract | 46 | 63 | -27.0% |
Median Time to Sales | 85 | 103 | -17.5% |
Active Inventory | 6,466 | 8,026 | -19.4% |
Months Supply of Inventory | 4.9 | 5.8 | -15.5% |
Palm Beach Single Family Homes | February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 1,211 | 1,233 | -1.78% |
% Paid in Cash | 41.0% | 35.5% | 15.3% |
Median Sale Price | $450,000 | $363,000 | 23.97% |
Dollar Volume | $1,024,114,847 | $750,673,827 | 36.4% |
% of Original List Price Received |
97 | 95 | 2% |
Median Time to Contract | 30 | 61 | -50.82% |
Median Time to Sales | 73 | 103 | -29.13% |
Active Inventory | 2,987 | 6,282 | -52.45% |
Months Supply of Inventory | 2.0 | 4.2 | -52.4% |
Palm Beach Townhomes & Condos |
February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 1,107 | 1,015 | 9.1% |
% Paid in Cash | 58.3% | 62.5% | -6.7% |
Median Sale Price | $236,000 | $189,000 | 24.9% |
Dollar Volume | $482,573,403 | $337,481,410 | 43.0% |
% of Original List Price Received |
95 | 94 | 2% |
Median Time to Contract | 40 | 59 | -32.2% |
Median Time to Sales | 82 | 97 | -15.5% |
Active Inventory | 4,600 | 6,170 | -25.4% |
Months Supply of Inventory | 4.1 | 5.4 | -24.1% |
Martin Single Family Homes | February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 207 | 170 | 21.8% |
% Paid in Cash | 38.2% | 41.8% | -8.6% |
Median Sale Price | $419,900 | $372,000 | 12.9% |
Dollar Volume | $148,890,132 | $106,919,970 | 39.3% |
% of Original List Price Received |
96 | 95 | 1% |
Median Time to Contract | 34 | 51 | -33.3% |
Median Time to Sales | 81 | 90 | -10.0% |
Active Inventory | 350 | 923 | -62.1% |
Months Supply of Inventory | 1.5 | 4.6 | -67.4% |
Martin Townhomes & Condos | February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 103 | 85 | 21.2% |
% Paid in Cash | 65.0% | 64.7% | 0.5% |
Median Sale Price | $208,500 | $160,000 | 30.3% |
Dollar Volume | $25,567,175 | $18,190,340 | 40.6% |
% of Original List Price Received |
96 | 96 | 0.7% |
Median Time to Contract | 49 | 48 | 2.1% |
Median Time to Sales | 86 | 88 | -2.3% |
Active Inventory | 252 | 411 | -38.7% |
Months Supply of Inventory | 2.5 | 4.5 | -44.4% |
Saint Lucie Single Family Homes |
February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 445 | 366 | 21.6% |
% Paid in Cash | 25.8% | 27.6% | -6.4% |
Median Sale Price | $275,000 | $235,000 | 17.0% |
Dollar Volume | $138,379,870 | $91,636,884 | 51.0% |
% of Original List Price Received |
99 | 97 | 2.2% |
Median Time to Contract | 16 | 53 | -69.8% |
Median Time to Sales | 66 | 96 | -31.3% |
Active Inventory | 907 | 1,877 | -51.7% |
Months Supply of Inventory | 1.7 | 3.8 | -55.3% |
Saint Lucie Townhomes & Condos |
February 2021 | February 2020 | % Change Year-over-Year |
Closed Sales | 101 | 86 | 17.4% |
% Paid in Cash | 65.3% | 52.3% | 24.9% |
Median Sale Price | $255,000 | $193,000 | 32.1% |
Dollar Volume | $28,956,094 | $21,861,716 | 32.5% |
% of Original List Price Received |
96 | 94 | 2.1% |
Median Time to Contract | 46 | 68 | -32.4% |
Median Time to Sales | 77 | 97 | -20.6% |
Active Inventory | 282 | 616 | -54.2% |
Months Supply of Inventory | 2.5 | 6.3 | -60.3% |
Summary Reports
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Miami-Dade County_Single Family Homes_2021-02_Summary
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Miami-Dade County_Townhouses and Condos_2021-02_Summary
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Broward County_Single Family Homes_2021-02_Summary
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Broward County_Townhouses and Condos_2021-02_Summary
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Palm Beach County_Single Family Homes_2021-02_Summary
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Palm Beach County_Townhouses and Condos_2021-02_Summary
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Martin County_Single Family Homes_2021-02_Summary
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Martin County_Townhouses and Condos_2021-02_Summary
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St. Lucie County_Single Family Homes_2021-02_Summary
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St. Lucie County_Townhouses and Condos_2021-02_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2021-02_Detail
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Miami-Dade County_Townhouses and Condos_2021-02_Detail
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Broward County_Single Family Homes_2021-02_Detail
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Broward County_Townhouses and Condos_2021-02_Detail
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Palm Beach County_Single Family Homes_2021-02_Detail
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Palm Beach County_Townhouses and Condos_2021-02_Detail
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Martin County_Single Family Homes_2021-02_Detail
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Martin County_Townhouses and Condos_2021-02_Detail
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St. Lucie County_Single Family Homes_2021-02_Detail
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St. Lucie County_Townhouses and Condos_2021-02_Detail
South Florida Market Stat InfoGraphics and Videos....
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