South Florida Market Stats
December 2022
| Miami Single Family Homes | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 744 | 1,356 | -45.1% |
| % Paid in Cash | 25.5% | 27.1% | -5.6% |
| Median Sale Price | $530,900 | $525,000 | 1.1% |
| Dollar Volume | $598,237,008 | $1,668,882,084 | -64.2% |
| % of Original List Price Received | 95 | 99 | -4% |
| Median Time to Contract | 35 | 19 | 84.2% |
| Median Time to Sales | 77 | 66 | 16.7% |
| Active Inventory | 4,043 | 2,563 | 57.7% |
| Months Supply of Inventory | 4.0 | 2.0 | 100.0% |
| Miami Townhomes & Condos | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 1,035 | 2,077 | -50.2% |
| % Paid in Cash | 54.6% | 49.1% | 10.1% |
| Median Sale Price | $374,500 | $355,000 | 5.5% |
| Dollar Volume | $650,918,745 | $1,438,125,185 | -54.7% |
| % of Original List Price Received | 96 | 97 | -1% |
| Median Time to Contract | 34 | 36 | -5.6% |
| Median Time to Sales | 73 | 80 | -8.8% |
| Active Inventory | 6,663 | 6,434 | 3.6% |
| Months Supply of Inventory | 4.1 | 3 | 24.2% |
| Broward Single Family Homes | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 876 | 1,541 | -43.2% |
| % Paid in Cash | 24.7% | 21.9% | 12.4% |
| Median Sale Price | $530,000 | $500,000 | 6.0% |
| Dollar Volume | $621,444,912 | $1,034,853,927 | -39.9% |
| % of Original List Price Received | 95 | 100 | -5% |
| Median Time to Contract | 32 | 15 | 113.3% |
| Median Time to Sales | 70 | 58 | 20.7% |
| Active Inventory | 3,582 | 1,731 | 106.9% |
| Months Supply of Inventory | 3.0 | 1.1 | 172.7% |
| Broward Townhomes & Condos | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 1,094 | 1,761 | -37.9% |
| % Paid in Cash | 56.0% | 53.7% | 4.3% |
| Median Sale Price | $255,000 | $236,000 | 8.1% |
| Dollar Volume | $378,692,476 | $553,596,765 | -31.6% |
| % of Original List Price Received | 96 | 98 | -1.8% |
| Median Time to Contract | 24 | 22 | 9.1% |
| Median Time to Sales | 64 | 64 | 0.0% |
| Active Inventory | 4,190 | 3,010 | 39.2% |
| Months Supply of Inventory | 2.8 | 1.7 | 64.7% |
| Palm Beach Single Family Homes | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 999 | 1,601 | -37.60% |
| % Paid in Cash | 45.7% | 40.7% | 12.3% |
| Median Sale Price | $545,000 | $525,000 | 3.81% |
| Dollar Volume | $824,417,757 | $1,613,777,581 | -48.9% |
| % of Original List Price Received | 93 | 99 | -6% |
| Median Time to Contract | 36 | 14 | 157.14% |
| Median Time to Sales | 77 | 59 | 30.51% |
| Active Inventory | 4,042 | 1,832 | 120.63% |
| Months Supply of Inventory | 3.2 | 1.1 | 190.9% |
| Palm Beach Townhomes & Condos | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 831 | 1,461 | -43.1% |
| % Paid in Cash | 58.0% | 61.1% | -5.0% |
| Median Sale Price | $300,000 | $263,125 | 14.0% |
| Dollar Volume | $399,191,625 | $633,048,378 | -36.9% |
| % of Original List Price Received | 96 | 99 | -3% |
| Median Time to Contract | 27 | 14 | 92.9% |
| Median Time to Sales | 67 | 53 | 26.4% |
| Active Inventory | 3,503 | 1,765 | 98.5% |
| Months Supply of Inventory | 3.1 | 1.2 | 158.3% |
| Martin Single Family Homes | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 131 | 210 | -37.6% |
| % Paid in Cash | 47.3% | 39.5% | 19.7% |
| Median Sale Price | $550,000 | $569,500 | -3.4% |
| Dollar Volume | $102,137,294 | $201,756,870 | -49.4% |
| % of Original List Price Received | 95 | 99 | -4% |
| Median Time to Contract | 35 | 14 | 150.0% |
| Median Time to Sales | 78 | 57 | 36.8% |
| Active Inventory | 499 | 175 | 185.1% |
| Months Supply of Inventory | 3.1 | 0.8 | 287.5% |
| Martin Townhomes & Condos | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 69 | 113 | -38.9% |
| % Paid in Cash | 72.5% | 55.8% | 30.0% |
| Median Sale Price | $267,000 | $272,000 | -1.8% |
| Dollar Volume | $20,532,399 | $33,372,629 | -38.5% |
| % of Original List Price Received | 94 | 100 | -6.1% |
| Median Time to Contract | 25 | 10 | 150.0% |
| Median Time to Sales | 56 | 51 | 9.8% |
| Active Inventory | 291 | 76 | 282.9% |
| Months Supply of Inventory | 3.2 | 0.7 | 357.1% |
| Saint Lucie Single Family Homes | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 425 | 698 | -39.1% |
| % Paid in Cash | 24.7% | 25.1% | -1.5% |
| Median Sale Price | $381,900 | $334,950 | 14.0% |
| Dollar Volume | $167,984,650 | $268,739,074 | -37.5% |
| % of Original List Price Received | 96 | 100 | -4.2% |
| Median Time to Contract | 37 | 10 | 270.0% |
| Median Time to Sales | 88 | 56 | 57.1% |
| Active Inventory | 1,692 | 625 | 170.7% |
| Months Supply of Inventory | 3.1 | 1.0 | 210.0% |
| Saint Lucie Townhomes & Condos | December 2022 | December 2021 | % Change Year-over-Year |
| Closed Sales | 65 | 106 | -38.7% |
| % Paid in Cash | 56.9% | 53.8% | 5.9% |
| Median Sale Price | $300,000 | $250,000 | 20.0% |
| Dollar Volume | $25,256,205 | $34,904,952 | -27.6% |
| % of Original List Price Received | 96 | 98 | -2.2% |
| Median Time to Contract | 23 | 13 | 76.9% |
| Median Time to Sales | 54 | 53 | 1.9% |
| Active Inventory | 291 | 146 | 99.3% |
| Months Supply of Inventory | 3.0 | 1.1 | 172.7% |
Summary Reports
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Miami-Dade County_Townhouses and Condos_2022-12_Summary
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Miami-Dade County_Single Family Homes_2022-12_Summary
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Broward County_Townhouses and Condos_2022-12_Summary
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Broward County_Single Family Homes_2022-12_Summary
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Palm Beach County_Townhouses and Condos_2022-12_Summary
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Palm Beach County_Single Family Homes_2022-12_Summary
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Martin County_Townhouses and Condos_2022-12_Summary
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Martin County_Single Family Homes_2022-12_Summary
Detailed Reports
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Miami-Dade County_Townhouses and Condos_2022-12_Detail
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Miami-Dade County_Single Family Homes_2022-12_Detail
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Broward County_Townhouses and Condos_2022-12_Detail
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Broward County_Single Family Homes_2022-12_Detail
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Palm Beach County_Townhouses and Condos_2022-12_Detail
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Palm Beach County_Single Family Homes_2022-12_Detail
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Martin County_Townhouses and Condos_2022-12_Detail
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Martin County_Single Family Homes_2022-12_Detail
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