South Florida Market Stats
April 2024
| Miami Single Family Homes | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 1,065 | 1,000 | 6.5% |
| % Paid in Cash | 25.8% | 22.7% | 13.8% |
| Median Sale Price | $654,000 | $600,000 | 9.0% |
| Dollar Volume | $1,199,877,990 | $923,925,000 | 29.9% |
| % of Original List Price Received | 97 | 97 | 0% |
| Median Time to Contract | 28 | 30 | -6.7% |
| Median Time to Sales | 70 | 71 | -1.4% |
| Active Inventory | 3,864 | 3,036 | 27.3% |
| Months Supply of Inventory | 4.4 | 3.3 | 33.3% |
| Miami Townhomes & Condos | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 1,277 | 1,222 | 4.5% |
| % Paid in Cash | 52.4% | 50.5% | 3.6% |
| Median Sale Price | $444,000 | $414,900 | 7.0% |
| Dollar Volume | $1,022,769,732 | $802,124,466 | 27.5% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 46 | 37 | 24.3% |
| Median Time to Sales | 85 | 75 | 13.3% |
| Active Inventory | 9,230 | 6,342 | 45.5% |
| Months Supply of Inventory | 8.3 | 5 | 69.4% |
| Broward Single Family Homes | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 1,196 | 1,082 | 10.5% |
| % Paid in Cash | 23.6% | 23.6% | 0.0% |
| Median Sale Price | $635,000 | $575,000 | 10.4% |
| Dollar Volume | $1,001,865,280 | $793,424,108 | 26.3% |
| % of Original List Price Received | 96 | 97 | -1% |
| Median Time to Contract | 30 | 27 | 11.1% |
| Median Time to Sales | 67 | 67 | 0.0% |
| Active Inventory | 4,146 | 2,717 | 52.6% |
| Months Supply of Inventory | 4.0 | 2.5 | 60.0% |
| Broward Townhomes & Condos | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 1,342 | 1,311 | 2.4% |
| % Paid in Cash | 57.5% | 57.9% | -0.8% |
| Median Sale Price | $282,500 | $270,000 | 4.6% |
| Dollar Volume | $496,793,638 | $476,796,279 | 4.2% |
| % of Original List Price Received | 95 | 96 | -1.6% |
| Median Time to Contract | 40 | 27 | 48.1% |
| Median Time to Sales | 82 | 68 | 20.6% |
| Active Inventory | 8,712 | 4,356 | 100.0% |
| Months Supply of Inventory | 7.4 | 3.3 | 124.2% |
| Palm Beach Single Family Homes | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 1,402 | 1,262 | 11.09% |
| % Paid in Cash | 48.8% | 45.8% | 6.5% |
| Median Sale Price | $650,000 | $585,000 | 11.11% |
| Dollar Volume | $1,641,427,952 | $1,281,668,270 | 28.1% |
| % of Original List Price Received | 94 | 95 | 0% |
| Median Time to Contract | 37 | 30 | 23.33% |
| Median Time to Sales | 80 | 74 | 8.11% |
| Active Inventory | 5,017 | 3,642 | 37.75% |
| Months Supply of Inventory | 4.4 | 3.1 | 41.9% |
| Palm Beach Townhomes & Condos | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 1,166 | 1,179 | -1.1% |
| % Paid in Cash | 65.4% | 62.4% | 4.8% |
| Median Sale Price | $340,000 | $303,000 | 12.2% |
| Dollar Volume | $696,422,650 | $644,579,343 | 8.0% |
| % of Original List Price Received | 93 | 95 | -2% |
| Median Time to Contract | 42 | 30 | 40.0% |
| Median Time to Sales | 84 | 73 | 15.1% |
| Active Inventory | 6,565 | 3,855 | 70.3% |
| Months Supply of Inventory | 6.9 | 3.8 | 81.6% |
| Martin Single Family Homes | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 197 | 201 | -2.0% |
| % Paid in Cash | 60.9% | 53.2% | 14.4% |
| Median Sale Price | $607,500 | $570,000 | 6.6% |
| Dollar Volume | $221,083,841 | $220,664,031 | 0.2% |
| % of Original List Price Received | 95 | 94 | 1% |
| Median Time to Contract | 36 | 31 | 16.1% |
| Median Time to Sales | 82 | 77 | 6.5% |
| Active Inventory | 669 | 463 | 44.5% |
| Months Supply of Inventory | 4.1 | 2.9 | 41.4% |
| Martin Townhomes & Condos | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 114 | 119 | -4.2% |
| % Paid in Cash | 64.9% | 63.0% | 3.0% |
| Median Sale Price | $292,500 | $295,000 | -0.8% |
| Dollar Volume | $40,184,544 | $49,128,555 | -18.2% |
| % of Original List Price Received | 94 | 95 | -0.8% |
| Median Time to Contract | 45 | 39 | 15.4% |
| Median Time to Sales | 95 | 77 | 23.4% |
| Active Inventory | 554 | 324 | 71.0% |
| Months Supply of Inventory | 6.4 | 3.7 | 73.0% |
| Saint Lucie Single Family Homes | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 544 | 520 | 4.6% |
| % Paid in Cash | 29.4% | 25.4% | 15.9% |
| Median Sale Price | $403,500 | $380,000 | 6.2% |
| Dollar Volume | $245,526,240 | $212,794,400 | 15.4% |
| % of Original List Price Received | 96 | 96 | 0.7% |
| Median Time to Contract | 37 | 36 | 2.8% |
| Median Time to Sales | 81 | 75 | 8.0% |
| Active Inventory | 2,053 | 1,295 | 58.5% |
| Months Supply of Inventory | 4.4 | 2.6 | 69.2% |
| Saint Lucie Townhomes & Condos | April 2024 | April 2023 | % Change Year-over-Year |
| Closed Sales | 104 | 100 | 4.0% |
| % Paid in Cash | 57.7% | 56.0% | 3.0% |
| Median Sale Price | $320,000 | $305,000 | 4.9% |
| Dollar Volume | $40,151,280 | $35,510,700 | 13.1% |
| % of Original List Price Received | 94 | 93 | 0.5% |
| Median Time to Contract | 48 | 38 | 26.3% |
| Median Time to Sales | 84 | 75 | 12.0% |
| Active Inventory | 676 | 389 | 73.8% |
| Months Supply of Inventory | 7.6 | 4.7 | 61.7% |
Summary Reports
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St. Lucie County_Townhouses and Condos_2024-04_Summary
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Miami-Dade County_Single Family Homes_2024-04_Summary
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Broward County_Townhouses and Condos_2024-04_Summary
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Broward County_Single Family Homes_2024-04_Summary
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Miami-Dade County_Townhouses and Condos_2024-04_Summary
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St. Lucie County_Single Family Homes_2024-04_Summary
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Palm Beach County_Townhouses and Condos_2024-04_Summary
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Palm Beach County_Single Family Homes_2024-04_Summary
Detailed Reports
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Miami-Dade County_Townhouses and Condos_2024-04_Detail
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St. Lucie County_Townhouses and Condos_2024-04_Detail
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Broward County_Single Family Homes_2024-04_Detail
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Miami-Dade County_Single Family Homes_2024-04_Detail
-
Palm Beach County_Townhouses and Condos_2024-04_Detail
-
Broward County_Townhouses and Condos_2024-04_Detail
-
St. Lucie County_Single Family Homes_2024-04_Detail
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Palm Beach County_Single Family Homes_2024-04_Detail
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