South Florida Market Stats
October 2022
| Miami Single Family Homes | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 884 | 1,161 | -23.9% |
| % Paid in Cash | 24.4% | 23.4% | 4.3% |
| Median Sale Price | $575,000 | $490,000 | 17.3% |
| Dollar Volume | $870,187,500 | $1,001,412,423 | -13.1% |
| % of Original List Price Received | 96 | 99 | -3% |
| Median Time to Contract | 30 | 22 | 36.4% |
| Median Time to Sales | 75 | 69 | 8.7% |
| Active Inventory | 4,142 | 2,918 | 41.9% |
| Months Supply of Inventory | 3.7 | 2.2 | 68.2% |
| Miami Townhomes & Condos | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 1,183 | 1,817 | -34.9% |
| % Paid in Cash | 48.4% | 45.7% | 5.4% |
| Median Sale Price | $388,531 | $326,790 | 18.9% |
| Dollar Volume | $748,152,860 | $957,638,948 | -21.9% |
| % of Original List Price Received | 97 | 97 | 0% |
| Median Time to Contract | 31 | 34 | -8.8% |
| Median Time to Sales | 71 | 79 | -10.1% |
| Active Inventory | 6,657 | 7,652 | -13.0% |
| Months Supply of Inventory | 3.8 | 4 | -5.0% |
| Broward Single Family Homes | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 1,011 | 1,386 | -27.1% |
| % Paid in Cash | 22.3% | 23.3% | -4.5% |
| Median Sale Price | $540,000 | $489,000 | 10.4% |
| Dollar Volume | $701,278,128 | $912,367,764 | -23.1% |
| % of Original List Price Received | 96 | 99 | -3% |
| Median Time to Contract | 27 | 17 | 58.8% |
| Median Time to Sales | 67 | 59 | 13.6% |
| Active Inventory | 3,802 | 2,198 | 73.0% |
| Months Supply of Inventory | 2.9 | 1.4 | 107.1% |
| Broward Townhomes & Condos | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 1,211 | 1,581 | -23.4% |
| % Paid in Cash | 53.3% | 52.9% | 0.6% |
| Median Sale Price | $262,000 | $227,950 | 14.9% |
| Dollar Volume | $405,144,894 | $468,948,315 | -13.6% |
| % of Original List Price Received | 98 | 98 | 0.1% |
| Median Time to Contract | 21 | 21 | 0.0% |
| Median Time to Sales | 62 | 63 | -1.6% |
| Active Inventory | 3,855 | 3,503 | 10.0% |
| Months Supply of Inventory | 2.4 | 1.9 | 26.3% |
| Palm Beach Single Family Homes | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 1,049 | 1,471 | -28.69% |
| % Paid in Cash | 40.8% | 40.4% | 1.0% |
| Median Sale Price | $570,000 | $500,000 | 14.00% |
| Dollar Volume | $973,525,499 | $1,183,528,354 | -17.7% |
| % of Original List Price Received | 95 | 99 | -3% |
| Median Time to Contract | 28 | 14 | 100.00% |
| Median Time to Sales | 71 | 59 | 20.34% |
| Active Inventory | 4,286 | 2,212 | 93.76% |
| Months Supply of Inventory | 3.2 | 1.3 | 146.2% |
| Palm Beach Townhomes & Condos | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 878 | 1,338 | -34.4% |
| % Paid in Cash | 58.0% | 56.9% | 1.9% |
| Median Sale Price | $290,000 | $237,000 | 22.4% |
| Dollar Volume | $347,874,136 | $471,202,122 | -26.2% |
| % of Original List Price Received | 96 | 98 | -2% |
| Median Time to Contract | 27 | 15 | 80.0% |
| Median Time to Sales | 69 | 56 | 23.2% |
| Active Inventory | 3,065 | 1,917 | 59.9% |
| Months Supply of Inventory | 2.5 | 1.3 | 92.3% |
| Martin Single Family Homes | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 134 | 210 | -36.2% |
| % Paid in Cash | 46.3% | 43.3% | 6.8% |
| Median Sale Price | $568,250 | $495,000 | 14.8% |
| Dollar Volume | $135,957,472 | $149,891,070 | -9.3% |
| % of Original List Price Received | 96 | 99 | -3% |
| Median Time to Contract | 20 | 15 | 33.3% |
| Median Time to Sales | 63 | 53 | 18.9% |
| Active Inventory | 521 | 251 | 107.6% |
| Months Supply of Inventory | 2.9 | 1.0 | 190.0% |
| Martin Townhomes & Condos | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 97 | 102 | -4.9% |
| % Paid in Cash | 57.7% | 66.7% | -13.4% |
| Median Sale Price | $299,900 | $206,500 | 45.2% |
| Dollar Volume | $31,064,541 | $26,115,672 | 18.9% |
| % of Original List Price Received | 97 | 100 | -3.5% |
| Median Time to Contract | 24 | 10 | 140.0% |
| Median Time to Sales | 63 | 48 | 31.3% |
| Active Inventory | 245 | 105 | 133.3% |
| Months Supply of Inventory | 2.6 | 0.9 | 188.9% |
| Saint Lucie Single Family Homes | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 444 | 589 | -24.6% |
| % Paid in Cash | 25.2% | 24.4% | 3.2% |
| Median Sale Price | $379,450 | $335,000 | 13.3% |
| Dollar Volume | $171,735,204 | $213,355,237 | -19.5% |
| % of Original List Price Received | 97 | 100 | -2.9% |
| Median Time to Contract | 24 | 10 | 140.0% |
| Median Time to Sales | 68 | 55 | 23.6% |
| Active Inventory | 1,744 | 749 | 132.8% |
| Months Supply of Inventory | 3.0 | 1.3 | 130.8% |
| Saint Lucie Townhomes & Condos | October 2022 | October 2021 | % Change Year-over-Year |
| Closed Sales | 57 | 99 | -42.4% |
| % Paid in Cash | 49.1% | 53.5% | -8.2% |
| Median Sale Price | $295,000 | $245,500 | 20.2% |
| Dollar Volume | $19,097,907 | $31,421,412 | -39.2% |
| % of Original List Price Received | 94 | 98 | -4.2% |
| Median Time to Contract | 26 | 9 | 188.9% |
| Median Time to Sales | 66 | 50 | 32.0% |
| Active Inventory | 259 | 180 | 43.9% |
| Months Supply of Inventory | 2.5 | 1.3 | 92.3% |
Summary Reports
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Miami-Dade County_Single Family Homes_2022-10_Summary
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Miami-Dade County_Townhouses and Condos_2022-10_Summary
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Broward County_Single Family Homes_2022-10_Summary
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Broward County_Townhouses and Condos_2022-10_Summary
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Palm Beach County_Single Family Homes_2022-10_Summary
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Palm Beach County_Townhouses and Condos_2022-10_Summary
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Martin County_Single Family Homes_2022-10_Summary
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Martin County_Townhouses and Condos_2022-10_Summary
Detailed Reports
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Martin County_Townhouses and Condos_2022-10_Detail
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Palm Beach County_Single Family Homes_2022-10_Detail
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Martin County_Single Family Homes_2022-10_Detail
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Broward County_Townhouses and Condos_2022-10_Detail
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Broward County_Single Family Homes_2022-10_Detail
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Palm Beach County_Townhouses and Condos_2022-10_Detail
-
Miami-Dade County_Single Family Homes_2022-10_Detail
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Miami-Dade County_Townhouses and Condos_2022-10_Detail
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