South Florida Market Stats
July 2022
| Miami Single Family Homes | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 999 | 1,373 | -27.2% |
| % Paid in Cash | 27.7% | 24.7% | 12.3% |
| Median Sale Price | $570,000 | $515,000 | 10.7% |
| Dollar Volume | $1,026,716,256 | $1,353,429,258 | -24.1% |
| % of Original List Price Received | 99 | 100 | -1% |
| Median Time to Contract | 17 | 17 | 0.0% |
| Median Time to Sales | 62 | 65 | -4.6% |
| Active Inventory | 3,727 | 2,957 | 26.0% |
| Months Supply of Inventory | 3.1 | 2.2 | 40.9% |
| Miami Townhomes & Condos | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 1,376 | 2,259 | -39.1% |
| % Paid in Cash | 51.2% | 47.6% | 6.9% |
| Median Sale Price | $380,000 | $340,000 | 11.8% |
| Dollar Volume | $789,167,648 | $1,300,551,480 | -39.3% |
| % of Original List Price Received | 99 | 97 | 2% |
| Median Time to Contract | 20 | 43 | -53.5% |
| Median Time to Sales | 64 | 87 | -26.4% |
| Active Inventory | 6,246 | 8,473 | -26.3% |
| Months Supply of Inventory | 3.3 | 5 | -32.7% |
| Broward Single Family Homes | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 1,213 | 1,680 | -27.8% |
| % Paid in Cash | 27.0% | 22.7% | 18.9% |
| Median Sale Price | $600,000 | $495,000 | 21.2% |
| Dollar Volume | $953,310,043 | $1,121,993,040 | -15.0% |
| % of Original List Price Received | 100 | 100 | 0% |
| Median Time to Contract | 13 | 13 | 0.0% |
| Median Time to Sales | 51 | 57 | -10.5% |
| Active Inventory | 3,313 | 2,414 | 37.2% |
| Months Supply of Inventory | 2.4 | 1.5 | 60.0% |
| Broward Townhomes & Condos | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 1,362 | 1,999 | -31.9% |
| % Paid in Cash | 55.1% | 51.9% | 6.1% |
| Median Sale Price | $265,000 | $215,000 | 23.3% |
| Dollar Volume | $490,611,468 | $584,329,689 | -16.0% |
| % of Original List Price Received | 100 | 98 | 2.2% |
| Median Time to Contract | 14 | 24 | -41.7% |
| Median Time to Sales | 56 | 70 | -20.0% |
| Active Inventory | 3,413 | 3,898 | -12.4% |
| Months Supply of Inventory | 2.0 | 2.2 | -9.1% |
| Palm Beach Single Family Homes | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 1,190 | 1,774 | -32.92% |
| % Paid in Cash | 44.6% | 39.8% | 12.1% |
| Median Sale Price | $600,000 | $500,000 | 20.00% |
| Dollar Volume | $1,139,196,520 | $1,466,329,858 | -22.3% |
| % of Original List Price Received | 98 | 100 | -2% |
| Median Time to Contract | 14 | 10 | 40.00% |
| Median Time to Sales | 57 | 57 | 0.00% |
| Active Inventory | 3,854 | 2,493 | 54.59% |
| Months Supply of Inventory | 2.7 | 1.5 | 80.0% |
| Palm Beach Townhomes & Condos |
July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 1,032 | 1,541 | -33.0% |
| % Paid in Cash | 58.4% | 58.0% | 0.7% |
| Median Sale Price | $290,777 | $233,000 | 24.8% |
| Dollar Volume | $409,559,520 | $563,101,433 | -27.3% |
| % of Original List Price Received |
99 | 98 | 1% |
| Median Time to Contract | 12 | 15 | -20.0% |
| Median Time to Sales | 54 | 61 | -11.5% |
| Active Inventory | 2,708 | 2,256 | 20.0% |
| Months Supply of Inventory |
2.0 | 1.5 | 33.3% |
| Martin Single Family Homes | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 136 | 256 | -46.9% |
| % Paid in Cash | 46.3% | 38.3% | 21.0% |
| Median Sale Price | $565,000 | $475,500 | 18.8% |
| Dollar Volume | $110,399,632 | $173,885,952 | -36.5% |
| % of Original List Price Received | 98 | 100 | -3% |
| Median Time to Contract | 14 | 12 | 16.7% |
| Median Time to Sales | 54 | 55 | -1.8% |
| Active Inventory | 493 | 305 | 61.6% |
| Months Supply of Inventory | 2.6 | 1.2 | 116.7% |
| Martin Townhomes & Condos | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 78 | 110 | -29.1% |
| % Paid in Cash | 66.7% | 47.3% | 41.0% |
| Median Sale Price | $288,000 | $212,000 | 35.8% |
| Dollar Volume | $23,383,932 | $29,390,020 | -20.4% |
| % of Original List Price Received | 100 | 98 | 2.0% |
| Median Time to Contract | 11 | 18 | -38.9% |
| Median Time to Sales | 54 | 58 | -6.9% |
| Active Inventory | 198 | 131 | 51.1% |
| Months Supply of Inventory | 2.0 | 1.1 | 81.8% |
| Saint Lucie Single Family Homes | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 550 | 671 | -18.0% |
| % Paid in Cash | 25.1% | 24.0% | 4.6% |
| Median Sale Price | $396,950 | $315,000 | 26.0% |
| Dollar Volume | $229,148,700 | $225,727,755 | 1.5% |
| % of Original List Price Received | 100 | 100 | 0.0% |
| Median Time to Contract | 11 | 8 | 37.5% |
| Median Time to Sales | 56 | 52 | 7.7% |
| Active Inventory | 1,430 | 659 | 117.0% |
| Months Supply of Inventory | 2.3 | 1.1 | 109.1% |
| Saint Lucie Townhomes & Condos | July 2022 | July 2021 | % Change Year-over-Year |
| Closed Sales | 85 | 129 | -34.1% |
| % Paid in Cash | 51.8% | 62.0% | -16.5% |
| Median Sale Price | $264,950 | $220,000 | 20.4% |
| Dollar Volume | $29,404,050 | $40,193,691 | -26.8% |
| % of Original List Price Received | 98 | 99 | -1.6% |
| Median Time to Contract | 21 | 10 | 110.0% |
| Median Time to Sales | 53 | 55 | -3.6% |
| Active Inventory | 232 | 138 | 68.1% |
| Months Supply of Inventory | 2.1 | 0.9 | 133.3% |
Summary Reports
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Miami-Dade County_Single Family Homes_2022-07_Summary
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Miami-Dade County_Townhouses and Condos_2022-07_Summary
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Broward County_Single Family Homes_2022-07_Summary
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Broward County_Townhouses and Condos_2022-07_Summary
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Palm Beach County_Single Family Homes_2022-07_Summary
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Palm Beach County_Townhouses and Condos_2022-07_Summary
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Martin County_Single Family Homes_2022-07_Summary
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Martin County_Townhouses and Condos_2022-07_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2022-07_Detail
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Miami-Dade County_Townhouses and Condos_2022-07_Detail
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Broward County_Single Family Homes_2022-07_Detail
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Broward County_Townhouses and Condos_2022-07_Detail
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Palm Beach County_Single Family Homes_2022-07_Detail
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Palm Beach County_Townhouses and Condos_2022-07_Detail
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Martin County_Single Family Homes_2022-07_Detail
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Martin County_Townhouses and Condos_2022-07_Detail
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