South Florida Market Stats
March 2025
| Miami Single Family Homes | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 961 | 1,041 | -7.7% |
| % Paid in Cash | 23.5% | 24.2% | -2.9% |
| Median Sale Price | $670,000 | $650,000 | 3.1% |
| Dollar Volume | $1,272,066,090 | $1,129,628,658 | 12.6% |
| % of Original List Price Received | 96 | 97 | -1% |
| Median Time to Contract | 39 | 31 | 25.8% |
| Median Time to Sales | 76 | 70 | 8.6% |
| Active Inventory | 5,296 | 3,768 | 40.6% |
| Months Supply of Inventory | 6.0 | 4.3 | 39.5% |
| Miami Townhomes & Condos | March 2025 | March 2024 | % Change Year-over-Year |
| >Closed Sales | 1,041 | 1,100 | -5.4% |
| % Paid in Cash | 52.3% | 49.5% | 5.4% |
| Median Sale Price | $437,450 | $445,000 | -1.7% |
| Dollar Volume | $876,921,744 | $862,140,400 | 1.7% |
| % of Original List Price Received | 94 | 96 | -2% |
| Median Time to Contract | 58 | 43 | 34.9% |
| Median Time to Sales | 100 | 80 | 25.0% |
| Active Inventory | 13,037 | 9,088 | 43.5% |
| Months Supply of Inventory | 13.2 | 8 | 61.0% |
| Broward Single Family Homes | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 1,062 | 1,084 | -2.0% |
| % Paid in Cash | 24.1% | 28.3% | -14.9% |
| Median Sale Price | $635,000 | $607,000 | 4.6% |
| Dollar Volume | $927,099,450 | $935,522,352 | -0.9% |
| % of Original List Price Received | 96 | 96 | -1% |
| Median Time to Contract | 42 | 35 | 20.0% |
| Median Time to Sales | 77 | 71 | 8.5% |
| Active Inventory | 5,482 | 4,007 | 36.8% |
| Months Supply of Inventory | 5.4 | 3.9 | 38.5% |
| Broward Townhomes & Condos | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 1,070 | 1,197 | -10.6% |
| % Paid in Cash | 54.4% | 55.6% | -2.1% |
| Median Sale Price | $280,000 | $288,750 | -3.0% |
| Dollar Volume | $388,021,590 | $454,631,373 | -14.7% |
| % of Original List Price Received | 93 | 95 | -2.5% |
| Median Time to Contract | 61 | 39 | 56.4% |
| Median Time to Sales | 97 | 77 | 26.0% |
| Active Inventory | 12,153 | 8,477 | 43.4% |
| Months Supply of Inventory | 12.0 | 7.2 | 66.7% |
| Palm Beach Single Family Homes | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 1,255 | 1,226 | 2.37% |
| % Paid in Cash | 44.1% | 45.5% | -3.0% |
| Median Sale Price | $625,000 | $640,000 | -2.34% |
| Dollar Volume | $1,315,999,275 | $1,466,841,570 | -10.3% |
| % of Original List Price Received | 94 | 95 | -1% |
| Median Time to Contract | 43 | 35 | 22.86% |
| Median Time to Sales | 83 | 76 | 9.21% |
| Active Inventory | 6,487 | 5,066 | 28.05% |
| Months Supply of Inventory | 5.8 | 4.4 | 31.8% |
| Palm Beach Townhomes & Condos | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 954 | 997 | -4.3% |
| % Paid in Cash | 64.6% | 65.2% | -1.0% |
| Median Sale Price | $310,000 | $330,000 | -6.1% |
| Dollar Volume | $532,809,000 | $528,057,062 | 0.9% |
| % of Original List Price Received | 91 | 94 | -2% |
| Median Time to Contract | 64 | 41 | 56.1% |
| Median Time to Sales | 100 | 77 | 29.9% |
| Active Inventory | 8,471 | 6,496 | 30.4% |
| Months Supply of Inventory | 10.3 | 6.8 | 51.5% |
| Martin Single Family Homes | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 173 | 188 | -8.0% |
| % Paid in Cash | 57.8% | 46.3% | 24.9% |
| Median Sale Price | $590,000 | $575,000 | 2.6% |
| Dollar Volume | $179,763,435 | $155,620,196 | 15.5% |
| % of Original List Price Received | 93 | 95 | -3% |
| Median Time to Contract | 41 | 39 | 5.1% |
| Median Time to Sales | 83 | 78 | 6.4% |
| Active Inventory | 1,005 | 691 | 45.4% |
| Months Supply of Inventory | 6.2 | 4.2 | 47.6% |
| Martin Townhomes & Condos | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 94 | 109 | -13.8% |
| % Paid in Cash | 69.1% | 63.3% | 9.2% |
| Median Sale Price | $267,000 | $315,000 | -15.2% |
| Dollar Volume | $31,218,152 | $41,411,934 | -24.6% |
| % of Original List Price Received | 91 | 95 | -4.0% |
| Median Time to Contract | 73 | 41 | 78.0% |
| Median Time to Sales | 114 | 106 | 7.5% |
| Active Inventory | 784 | 520 | 50.8% |
| Months Supply of Inventory | 10.0 | 6.0 | 66.7% |
| Saint Lucie Single Family Homes | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 473 | 480 | -1.5% |
| % Paid in Cash | 31.1% | 30.8% | 0.8% |
| Median Sale Price | $395,000 | $390,000 | 1.3% |
| Dollar Volume | $221,063,172 | $207,404,640 | 6.6% |
| % of Original List Price Received | 94 | 97 | -2.3% |
| Median Time to Contract | 56 | 41 | 36.6% |
| Median Time to Sales | 93 | 80 | 16.3% |
| Active Inventory | 2,797 | 1,954 | 43.1% |
| Months Supply of Inventory | 6.3 | 4.2 | 50.0% |
| Saint Lucie Townhomes & Condos | March 2025 | March 2024 | % Change Year-over-Year |
| Closed Sales | 94 | 121 | -22.3% |
| % Paid in Cash | 56.4% | 57.9% | -2.5% |
| Median Sale Price | $315,000 | $314,874 | 0.0% |
| Dollar Volume | $37,575,184 | $45,272,029 | -17.0% |
| % of Original List Price Received | 93 | 95 | -2.4% |
| Median Time to Contract | 66 | 48 | 37.5% |
| Median Time to Sales | 102 | 87 | 17.2% |
| Active Inventory | 881 | 671 | 31.3% |
| Months Supply of Inventory | 11.7 | 7.6 | 53.9% |
Summary Reports
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Miami-Dade County_Single Family Homes_2025-03_Summary
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St. Lucie County_Townhouses and Condos_2025-03_Summary
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Broward County_Townhouses and Condos_2025-03_Summary
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St. Lucie County_Manufactured Homes_2025-03_Summary
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Broward County_Single Family Homes_2025-03_Summary
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Palm Beach County_Manufactured Homes_2025-03_Summary
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St. Lucie County_Single Family Homes_2025-03_Summary
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Palm Beach County_Townhouses and Condos_2025-03_Summary
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Martin County_Single Family Homes_2025-03_Summary
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Martin County_Townhouses and Condos_2025-03_Summary
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Palm Beach County_Single Family Homes_2025-03_Summary
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Miami-Dade County_Townhouses and Condos_2025-03_Summary
Detailed Reports
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Martin County_Townhouses and Condos_2025-03_Detail
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St. Lucie County_Single Family Homes_2025-03_Detail
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Palm Beach County_Single Family Homes_2025-03_Detail
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Broward County_Townhouses and Condos_2025-03_Detail
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Martin County_Single Family Homes_2025-03_Detail
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Broward County_Single Family Homes_2025-03_Detail
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Miami-Dade County_Single Family Homes_2025-03_Detail
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Palm Beach County_Townhouses and Condos_2025-03_Detail
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St. Lucie County_Townhouses and Condos_2025-03_Detail
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Miami-Dade County_Townhouses and Condos_2025-03_Detail
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