South Florida Market Stats
January 2025
| Miami Single Family Homes | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 643 | 644 | -0.2% |
| % Paid in Cash | 30.2% | 30.7% | -1.9% |
| Median Sale Price | $675,000 | $630,000 | 7.1% |
| Dollar Volume | $809,661,742 | $777,301,560 | 4.2% |
| % of Original List Price Received | 94 | 96 | -1% |
| Median Time to Contract | 45 | 32 | 40.6% |
| Median Time to Sales | 88 | 80 | 10.0% |
| Active Inventory | 4,983 | 3,856 | 29.2% |
| Months Supply of Inventory | 5.6 | 4.4 | 27.3% |
| Miami Townhomes & Condos | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 733 | 770 | -4.8% |
| % Paid in Cash | 52.7% | 52.5% | 0.4% |
| Median Sale Price | $415,000 | $405,750 | 2.3% |
| Dollar Volume | $578,836,173 | $566,200,250 | 2.2% |
| % of Original List Price Received | 94 | 95 | -1% |
| Median Time to Contract | 64 | 47 | 36.2% |
| Median Time to Sales | 108 | 90 | 20.0% |
| Active Inventory | 12,009 | 8,421 | 42.6% |
| Months Supply of Inventory | 11.9 | 7 | 60.8% |
| Broward Single Family Homes | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 765 | 707 | 8.2% |
| % Paid in Cash | 27.8% | 27.6% | 0.9% |
| Median Sale Price | $640,000 | $575,000 | 11.3% |
| Dollar Volume | $678,953,565 | $558,619,082 | 21.5% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 43 | 38 | 13.2% |
| Median Time to Sales | 85 | 76 | 11.8% |
| Active Inventory | 5,213 | 3,838 | 35.8% |
| Months Supply of Inventory | 5.1 | 3.7 | 37.8% |
| Broward Townhomes & Condos | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 756 | 855 | -11.6% |
| % Paid in Cash | 53.3% | 58.1% | -8.3% |
| Median Sale Price | $272,000 | $275,000 | -1.1% |
| Dollar Volume | $279,507,564 | $303,965,325 | -8.0% |
| % of Original List Price Received | 92 | 95 | -2.9% |
| Median Time to Contract | 68 | 42 | 61.9% |
| Median Time to Sales | 108 | 80 | 35.0% |
| Active Inventory | 11,261 | 7,494 | 50.3% |
| Months Supply of Inventory | 10.8 | 6.2 | 74.2% |
| Palm Beach Single Family Homes | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 850 | 811 | 4.81% |
| % Paid in Cash | 48.0% | 49.3% | -2.7% |
| Median Sale Price | $650,000 | $615,000 | 5.69% |
| Dollar Volume | $1,206,768,800 | $952,159,416 | 26.7% |
| % of Original List Price Received | 94 | 94 | -1% |
| Median Time to Contract | 42 | 38 | 10.53% |
| Median Time to Sales | 83 | 82 | 1.22% |
| Active Inventory | 6,136 | 4,900 | 25.22% |
| Months Supply of Inventory | 5.5 | 4.2 | 31.0% |
| Palm Beach Townhomes & Condos | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 641 | 633 | 1.3% |
| % Paid in Cash | 67.1% | 64.0% | 4.8% |
| Median Sale Price | $330,000 | $325,000 | 1.5% |
| Dollar Volume | $407,492,033 | $333,988,524 | 22.0% |
| % of Original List Price Received | 91 | 94 | -4% |
| Median Time to Contract | 62 | 35 | 77.1% |
| Median Time to Sales | 100 | 78 | 28.2% |
| Active Inventory | 8,023 | 5,785 | 38.7% |
| Months Supply of Inventory | 9.7 | 5.8 | 67.2% |
| Martin Single Family Homes | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 115 | 107 | 7.5% |
| % Paid in Cash | 48.7% | 48.6% | 0.2% |
| Median Sale Price | $619,000 | $570,000 | 8.6% |
| Dollar Volume | $144,195,165 | $109,503,372 | 31.7% |
| % of Original List Price Received | 94 | 95 | -1% |
| Median Time to Contract | 52 | 50 | 4.0% |
| Median Time to Sales | 92 | 84 | 9.5% |
| Active Inventory | 892 | 636 | 40.3% |
| Months Supply of Inventory | 5.4 | 3.9 | 38.5% |
| Martin Townhomes & Condos | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 56 | 61 | -8.2% |
| % Paid in Cash | 75.0% | 54.1% | 38.6% |
| Median Sale Price | $231,438 | $280,000 | -17.3% |
| Dollar Volume | $17,386,880 | $21,453,578 | -19.0% |
| % of Original List Price Received | 91 | 94 | -3.7% |
| Median Time to Contract | 71 | 45 | 57.8% |
| Median Time to Sales | 100 | 86 | 16.3% |
| Active Inventory | 750 | 508 | 47.6% |
| Months Supply of Inventory | 9.2 | 5.9 | 55.9% |
| Saint Lucie Single Family Homes | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 310 | 283 | 9.5% |
| % Paid in Cash | 27.4% | 29.0% | -5.4% |
| Median Sale Price | $383,900 | $390,000 | -1.6% |
| Dollar Volume | $133,896,130 | $122,514,662 | 9.3% |
| % of Original List Price Received | 96 | 97 | -1.1% |
| Median Time to Contract | 52 | 34 | 52.9% |
| Median Time to Sales | 98 | 77 | 27.3% |
| Active Inventory | 2,580 | 1,893 | 36.3% |
| Months Supply of Inventory | 5.7 | 4.1 | 39.0% |
| Saint Lucie Townhomes & Condos | January 2025 | January 2024 | % Change Year-over-Year |
| Closed Sales | 57 | 52 | 9.6% |
| % Paid in Cash | 54.4% | 55.8% | -2.5% |
| Median Sale Price | $288,000 | $289,400 | -0.5% |
| Dollar Volume | $17,828,916 | $19,014,112 | -6.2% |
| % of Original List Price Received | 92 | 97 | -4.7% |
| Median Time to Contract | 66 | 43 | 53.5% |
| Median Time to Sales | 105 | 85 | 23.5% |
| Active Inventory | 866 | 634 | 36.6% |
| Months Supply of Inventory | 11.0 | 7.4 | 48.6% |
Summary Reports
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Broward County_Single Family Homes_2025-01_Summary
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Broward County_Townhouses and Condos_2025-01_Summary
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Miami-Dade County_Single Family Homes_2025-01_Summary
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St. Lucie County_Townhouses and Condos_2025-01_Summary
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Palm Beach County_Townhouses and Condos_2025-01_Summary
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Martin County_Single Family Homes_2025-01_Summary
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Palm Beach County_Single Family Homes_2025-01_Summary
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Martin County_Townhouses and Condos_2025-01_Summary
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St. Lucie County_Single Family Homes_2025-01_Summary
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Miami-Dade County_Townhouses and Condos_2025-01_Summary
Detailed Reports
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Broward County_Townhouses and Condos_2025-01_Detail
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Martin County_Single Family Homes_2025-01_Detail
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Martin County_Townhouses and Condos_2025-01_Detail
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St. Lucie County_Single Family Homes_2025-01_Detail
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Palm Beach County_Single Family Homes_2025-01_Detail
-
Miami-Dade County_Townhouses and Condos_2025-01_Detail
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St. Lucie County_Townhouses and Condos_2025-01_Detail
-
Broward County_Single Family Homes_2025-01_Detail
-
Miami-Dade County_Single Family Homes_2025-01_Detail
-
Palm Beach County_Townhouses and Condos_2025-01_Detail
South Florida Market Stat InfoGraphics and Videos. Download the South Florida Market Snapshot Info Graphics....
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