South Florida Market Stats
July 2024
| Miami Single Family Homes | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 1,008 | 910 | 10.8% |
| % Paid in Cash | 23.0% | 26.4% | -12.7% |
| Median Sale Price | $670,000 | $631,670 | 6.1% |
| Dollar Volume | $1,201,818,240 | $846,081,600 | 42.0% |
| % of Original List Price Received | 97 | 97 | -1% |
| Median Time to Contract | 29 | 24 | 20.8% |
| Median Time to Sales | 72 | 68 | 5.9% |
| Active Inventory | 3,988 | 2,860 | 39.4% |
| Months Supply of Inventory | 4.4 | 3.2 | 37.5% |
| Miami Townhomes & Condos | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 1,114 | 1,141 | -2.4% |
| % Paid in Cash | 47.0% | 50.2% | -6.8% |
| Median Sale Price | $424,950 | $420,000 | 1.2% |
| Dollar Volume | $812,013,538 | $746,384,009 | 8.8% |
| % of Original List Price Received | 95 | 96 | -2% |
| Median Time to Contract | 51 | 32 | 59.4% |
| Median Time to Sales | 92 | 77 | 19.5% |
| Active Inventory | 9,775 | 6,104 | 60.1% |
| Months Supply of Inventory | 9.1 | 5 | 78.4% |
| Broward Single Family Homes | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 1,131 | 1,052 | 7.5% |
| % Paid in Cash | 23.3% | 25.6% | -8.7% |
| Median Sale Price | $625,000 | $600,000 | 4.2% |
| Dollar Volume | $925,544,802 | $836,303,180 | 10.7% |
| % of Original List Price Received | 96 | 98 | -2% |
| Median Time to Contract | 30 | 20 | 50.0% |
| Median Time to Sales | 69 | 61 | 13.1% |
| Active Inventory | 4,483 | 2,869 | 56.3% |
| Months Supply of Inventory | 4.4 | 2.8 | 57.1% |
| Broward Townhomes & Condos | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 1,132 | 1,186 | -4.6% |
| % Paid in Cash | 46.3% | 49.1% | -5.7% |
| Median Sale Price | $272,500 | $280,000 | -2.7% |
| Dollar Volume | $397,634,244 | $399,494,612 | -0.5% |
| % of Original List Price Received | 94 | 97 | -2.6% |
| Median Time to Contract | 49 | 26 | 88.5% |
| Median Time to Sales | 93 | 66 | 40.9% |
| Active Inventory | 8,988 | 4,442 | 102.3% |
| Months Supply of Inventory | 8.0 | 3.5 | 128.6% |
| Palm Beach Single Family Homes | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 1,174 | 1,164 | 0.86% |
| % Paid in Cash | 40.9% | 42.9% | -4.6% |
| Median Sale Price | $644,500 | $600,000 | 7.42% |
| Dollar Volume | $1,290,787,172 | $1,258,444,632 | 2.6% |
| % of Original List Price Received | 94 | 96 | -2% |
| Median Time to Contract | 35 | 22 | 59.09% |
| Median Time to Sales | 80 | 66 | 21.21% |
| Active Inventory | 5,159 | 3,430 | 50.41% |
| Months Supply of Inventory | 4.5 | 2.9 | 55.2% |
| Palm Beach Townhomes & Condos | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 880 | 945 | -6.9% |
| % Paid in Cash | 56.7% | 54.5% | 4.1% |
| Median Sale Price | $320,000 | $315,000 | 1.6% |
| Dollar Volume | $412,483,280 | $450,736,650 | -8.5% |
| % of Original List Price Received | 93 | 96 | -2% |
| Median Time to Contract | 48 | 28 | 71.4% |
| Median Time to Sales | 88 | 72 | 22.2% |
| Active Inventory | 6,331 | 3,529 | 79.4% |
| Months Supply of Inventory | 7.0 | 3.6 | 94.4% |
| Martin Single Family Homes | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 177 | 170 | 4.1% |
| % Paid in Cash | 37.9% | 46.5% | -18.5% |
| Median Sale Price | $570,000 | $610,000 | -6.6% |
| Dollar Volume | $142,794,573 | $198,690,050 | -28.1% |
| % of Original List Price Received | 94 | 96 | -3% |
| Median Time to Contract | 33 | 22 | 50.0% |
| Median Time to Sales | 75 | 65 | 15.4% |
| Active Inventory | 704 | 473 | 48.8% |
| Months Supply of Inventory | 4.3 | 2.9 | 48.3% |
| Martin Townhomes & Condos | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 79 | 102 | -22.5% |
| % Paid in Cash | 49.4% | 45.1% | 9.5% |
| Median Sale Price | $287,625 | $296,250 | -2.9% |
| Dollar Volume | $29,165,694 | $43,446,798 | -32.9% |
| % of Original List Price Received | 94 | 94 | -0.5% |
| Median Time to Contract | 48 | 60 | -20.0% |
| Median Time to Sales | 92 | 101 | -8.9% |
| Active Inventory | 541 | 280 | 93.2% |
| Months Supply of Inventory | 6.5 | 3.1 | 109.7% |
| Saint Lucie Single Family Homes | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 525 | 504 | 4.2% |
| % Paid in Cash | 24.0% | 20.6% | 16.3% |
| Median Sale Price | $393,900 | $390,000 | 1.0% |
| Dollar Volume | $219,546,075 | $210,271,824 | 4.4% |
| % of Original List Price Received | 96 | 98 | -2.1% |
| Median Time to Contract | 43 | 25 | 72.0% |
| Median Time to Sales | 83 | 76 | 9.2% |
| Active Inventory | 2,067 | 1,219 | 69.6% |
| Months Supply of Inventory | 4.5 | 2.5 | 80.0% |
| Saint Lucie Townhomes & Condos | July 2024 | July 2023 | % Change Year-over-Year |
| Closed Sales | 79 | 79 | 0.0% |
| % Paid in Cash | 49.4% | 59.5% | -17.0% |
| Median Sale Price | $297,908 | $290,000 | 2.7% |
| Dollar Volume | $27,346,956 | $27,647,156 | -1.1% |
| % of Original List Price Received | 94 | 96 | -2.1% |
| Median Time to Contract | 62 | 32 | 93.8% |
| Median Time to Sales | 116 | 64 | 81.3% |
| Active Inventory | 659 | 373 | 76.7% |
| Months Supply of Inventory | 7.7 | 4.5 | 71.1% |
Summary Reports
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Martin County_Townhouses and Condos_2024-07_Summary
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Palm Beach County_Single Family Homes_2024-07_Summary
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Martin County_Single Family Homes_2024-07_Summary
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Palm Beach County_Townhouses and Condos_2024-07_Summary
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St. Lucie County_Single Family Homes_2024-07_Summary
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Miami-Dade County_Townhouses and Condos_2024-07_Summary
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Broward County_Townhouses and Condos_2024-07_Summary
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Broward County_Single Family Homes_2024-07_Summary
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Miami-Dade County_Single Family Homes_2024-07_Summary
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St. Lucie County_Townhouses and Condos_2024-07_Summary
Detailed Reports
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Broward County_Townhouses and Condos_2024-07_Detail
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Martin County_Single Family Homes_2024-07_Detail
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St. Lucie County_Single Family Homes_2024-07_Detail
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Palm Beach County_Single Family Homes_2024-07_Detail
-
Martin County_Townhouses and Condos_2024-07_Detail
-
St. Lucie County_Townhouses and Condos_2024-07_Detail
-
Miami-Dade County_Townhouses and Condos_2024-07_Detail
-
Palm Beach County_Townhouses and Condos_2024-07_Detail
-
Broward County_Single Family Homes_2024-07_Detail
-
Miami-Dade County_Single Family Homes_2024-07_Detail
South Florida Market Stat InfoGraphics and Videos. Download the South Florida Market Snapshot Info Graphics....
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