South Florida Market Stats
March 2022
| Miami Single Family Homes | March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 1,411 | 1,550 | -9.0% |
| % Paid in Cash | 28.2% | 22.7% | 24.2% |
| Median Sale Price | $540,000 | $491,250 | 9.9% |
| Dollar Volume | $1,434,315,364 | $1,591,171,100 | -9.9% |
| % of Original List Price Received |
100 | 97 | 3% |
| Median Time to Contract | 18 | 28 | -35.7% |
| Median Time to Sales | 61 | 76 | -19.7% |
| Active Inventory | 2,205 | 2,784 | -20.8% |
| Months Supply of Inventory | 1.7 | 2.4 | -29.2% |
| Miami Townhomes & Condos | March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 2,528 | 2,201 | 14.9% |
| % Paid in Cash | 52.1% | 45.8% | 12.1% |
| Median Sale Price | $400,000 | $305,000 | 31.1% |
| Dollar Volume | $1,921,100,512 | $1,357,222,439 | 41.5% |
| % of Original List Price Received |
99 | 95 | 4% |
| Median Time to Contract | 31 | 62 | -50.0% |
| Median Time to Sales | 73 | 104 | -29.8% |
| Active Inventory | 4,835 | 10,672 | -54.7% |
| Months Supply of Inventory | 2.3 | 9 | -73.6% |
| Broward Single Family Homes | March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 1,541 | 1,870 | -17.6% |
| % Paid in Cash | 29.1% | 21.9% | 33.2% |
| Median Sale Price | $545,000 | $445,000 | 22.5% |
| Dollar Volume | $1,231,773,694 | $1,239,131,190 | -0.6% |
| % of Original List Price Received |
100 | 99 | 2% |
| Median Time to Contract | 10 | 16 | -37.5% |
| Median Time to Sales | 50 | 60 | -16.7% |
| Active Inventory | 1,608 | 2,209 | -27.2% |
| Months Supply of Inventory | 1.1 | 1.6 | -31.3% |
| Broward Townhomes & Condos | March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 2,162 | 2,151 | 0.5% |
| % Paid in Cash | 61.5% | 50.5% | 21.7% |
| Median Sale Price | $238,500 | $210,000 | 13.6% |
| Dollar Volume | $877,294,198 | $628,922,286 | 39.5% |
| % of Original List Price Received |
99 | 96 | 3.8% |
| Median Time to Contract | 16 | 40 | -60.0% |
| Median Time to Sales | 59 | 82 | -28.0% |
| Active Inventory | 2,504 | 5,658 | -55.7% |
| Months Supply of Inventory | 1.4 | 4.1 | -65.9% |
| Palm Beach Single Family Homes | March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 1,590 | 1,723 | -7.72% |
| % Paid in Cash | 48.1% | 39.2% | 22.8% |
| Median Sale Price | $541,000 | $440,000 | 22.95% |
| Dollar Volume | $1,544,087,160 | $1,801,565,354 | -14.3% |
| % of Original List Price Received |
100 | 98 | 2% |
| Median Time to Contract | 10 | 18 | -44.44% |
| Median Time to Sales | 51 | 63 | -19.05% |
| Active Inventory | 1,869 | 2,718 | -31.24% |
| Months Supply of Inventory | 1.2 | 1.8 | -33.3% |
| Palm Beach Townhomes & Condos |
March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 1,699 | 1,639 | 3.7% |
| % Paid in Cash | 65.9% | 59.7% | 10.4% |
| Median Sale Price | $294,000 | $245,000 | 20.0% |
| Dollar Volume | $860,088,168 | $686,103,429 | 25.4% |
| % of Original List Price Received |
100 | 96 | 5% |
| Median Time to Contract | 10 | 36 | -72.2% |
| Median Time to Sales | 50 | 76 | -34.2% |
| Active Inventory | 1,496 | 3,921 | -61.8% |
| Months Supply of Inventory | 1.0 | 3.4 | -70.6% |
| Martin Single Family Homes | March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 200 | 297 | -32.7% |
| % Paid in Cash | 52.5% | 48.5% | 8.3% |
| Median Sale Price | $555,000 | $489,000 | 13.5% |
| Dollar Volume | $152,848,600 | $250,432,479 | -39.0% |
| % of Original List Price Received |
100 | 98 | 2% |
| Median Time to Contract | 9 | 21 | -57.1% |
| Median Time to Sales | 49 | 64 | -23.4% |
| Active Inventory | 223 | 340 | -34.4% |
| Months Supply of Inventory | 1.0 | 1.5 | -33.3% |
| Martin Townhomes & Condos | March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 97 | 134 | -27.6% |
| % Paid in Cash | 73.2% | 60.4% | 21.1% |
| Median Sale Price | $263,000 | $212,250 | 23.9% |
| Dollar Volume | $31,863,239 | $40,576,942 | -21.5% |
| % of Original List Price Received |
100 | 95 | 5.4% |
| Median Time to Contract | 6 | 32 | -81.3% |
| Median Time to Sales | 42 | 72 | -41.7% |
| Active Inventory | 117 | 211 | -44.5% |
| Months Supply of Inventory | 1.0 | 2.0 | -50.0% |
| Saint Lucie Single Family Homes |
March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 716 | 616 | 16.2% |
| % Paid in Cash | 27.7% | 26.1% | 5.8% |
| Median Sale Price | $370,000 | $281,153 | 31.6% |
| Dollar Volume | $284,430,284 | $188,664,784 | 50.8% |
| % of Original List Price Received |
100 | 100 | 0.0% |
| Median Time to Contract | 9 | 11 | -18.2% |
| Median Time to Sales | 52 | 56 | -7.1% |
| Active Inventory | 594 | 765 | -22.4% |
| Months Supply of Inventory | 0.9 | 1.4 | -35.7% |
| Saint Lucie Townhomes & Condos |
March 2022 | March 2021 | % Change Year-over-Year |
| Closed Sales | 139 | 157 | -11.5% |
| % Paid in Cash | 51.1% | 53.5% | -4.5% |
| Median Sale Price | $290,000 | $260,000 | 11.5% |
| Dollar Volume | $51,443,205 | $51,024,372 | 0.8% |
| % of Original List Price Received |
98 | 98 | 0.6% |
| Median Time to Contract | 13 | 15 | -13.3% |
| Median Time to Sales | 51 | 62 | -17.7% |
| Active Inventory | 135 | 236 | -42.8% |
| Months Supply of Inventory | 1.0 | 2.0 | -50.0% |
Summary Reports
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Miami-Dade County_Single Family Homes_2022-03_Summary
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Miami-Dade County_Townhouses and Condos_2022-03_Summary
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Broward County_Single Family Homes_2022-03_Summary
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Broward County_Townhouses and Condos_2022-03_Summary
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Palm Beach County_Single Family Homes_2022-03_Summary
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Palm Beach County_Townhouses and Condos_2022-03_Summary
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Martin County_Single Family Homes_2022-03_Summary
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Martin County_Townhouses and Condos_2022-03_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2022-03_Detail
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Miami-Dade County_Townhouses and Condos_2022-03_Detail
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Broward County_Single Family Homes_2022-03_Detail
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Broward County_Townhouses and Condos_2022-03_Detail
-
Palm Beach County_Single Family Homes_2022-03_Detail
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Palm Beach County_Townhouses and Condos_2022-03_Detail
-
Martin County_Single Family Homes_2022-03_Detail
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Martin County_Townhouses and Condos_2022-03_Detail
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