Market Snapshot
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Miami Single Family Homes | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 830 | 871 | -4.7% |
% Paid in Cash | 23.3% | 29.4% | -20.9% |
Median Sale Price | $670,750 | $618,217 | 8.5% |
Dollar Volume | $1,070,418,630 | $973,139,557 | 10.0% |
% of Original List Price Received | 96 | 97 | -1% |
Median Time to Contract | 33 | 26 | 26.9% |
Median Time to Sales | 74 | 67 | 10.4% |
Active Inventory | 4,660 | 3,550 | 31.3% |
Months Supply of Inventory | 5.2 | 4.0 | 30.0% |
Miami Townhomes & Condos | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 939 | 1,100 | -14.6% |
% Paid in Cash | 45.9% | 51.7% | -12.7% |
Median Sale Price | $415,000 | $405,000 | 2.5% |
Dollar Volume | $646,744,701 | $717,883,100 | -9.9% |
% of Original List Price Received | 95 | 97 | -2% |
Median Time to Contract | 51 | 33 | 54.5% |
Median Time to Sales | 89 | 75 | 18.7% |
Active Inventory | 10,946 | 7,255 | 50.9% |
Months Supply of Inventory | 10.6 | 6 | 68.3% |
Broward Single Family Homes | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 1,001 | 983 | 1.8% |
% Paid in Cash | 24.9% | 24.4% | 1.9% |
Median Sale Price | $615,000 | $575,000 | 7.0% |
Dollar Volume | $798,614,817 | $800,305,518 | -0.2% |
% of Original List Price Received | 95 | 97 | -2% |
Median Time to Contract | 38 | 23 | 65.2% |
Median Time to Sales | 79 | 63 | 25.4% |
Active Inventory | 4,795 | 3,478 | 37.9% |
Months Supply of Inventory | 4.7 | 3.4 | 38.2% |
Broward Townhomes & Condos | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 881 | 1,152 | -23.5% |
% Paid in Cash | 50.5% | 54.9% | -7.9% |
Median Sale Price | $280,000 | $272,750 | 2.7% |
Dollar Volume | $319,158,989 | $409,603,968 | -22.1% |
% of Original List Price Received | 94 | 97 | -2.9% |
Median Time to Contract | 56 | 27 | 107.4% |
Median Time to Sales | 93 | 66 | 40.9% |
Active Inventory | 9,860 | 5,601 | 76.0% |
Months Supply of Inventory | 9.2 | 4.6 | 100.0% |
Palm Beach Single Family Homes | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 1,052 | 1,086 | -3.13% |
% Paid in Cash | 40.8% | 47.9% | -14.8% |
Median Sale Price | $621,500 | $622,733 | -0.20% |
Dollar Volume | $1,099,177,992 | $986,253,072 | 11.4% |
% of Original List Price Received | 94 | 96 | -2% |
Median Time to Contract | 45 | 21 | 114.29% |
Median Time to Sales | 87 | 64 | 35.94% |
Active Inventory | 5,568 | 4,224 | 31.82% |
Months Supply of Inventory | 5.0 | 3.6 | 38.9% |
Palm Beach Townhomes & Condos | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 742 | 915 | -18.9% |
% Paid in Cash | 57.7% | 63.1% | -8.5% |
Median Sale Price | $305,000 | $315,000 | -3.2% |
Dollar Volume | $347,204,802 | $462,850,920 | -25.0% |
% of Original List Price Received | 94 | 95 | -1% |
Median Time to Contract | 52 | 31 | 67.7% |
Median Time to Sales | 89 | 71 | 25.4% |
Active Inventory | 6,848 | 4,211 | 62.6% |
Months Supply of Inventory | 8.0 | 4.2 | 90.5% |
Martin Single Family Homes | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 134 | 160 | -16.3% |
% Paid in Cash | 47.0% | 46.3% | 1.7% |
Median Sale Price | $615,000 | $572,000 | 7.5% |
Dollar Volume | $128,359,136 | $128,142,880 | 0.2% |
% of Original List Price Received | 95 | 96 | -1% |
Median Time to Contract | 59 | 29 | 103.4% |
Median Time to Sales | 102 | 70 | 45.7% |
Active Inventory | 767 | 536 | 43.1% |
Months Supply of Inventory | 4.8 | 3.3 | 45.5% |
Martin Townhomes & Condos | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 78 | 67 | 16.4% |
% Paid in Cash | 51.3% | 65.7% | -21.9% |
Median Sale Price | $275,000 | $295,000 | -6.8% |
Dollar Volume | $23,106,408 | $26,648,111 | -13.3% |
% of Original List Price Received | 93 | 96 | -4.0% |
Median Time to Contract | 53 | 36 | 47.2% |
Median Time to Sales | 99 | 73 | 35.6% |
Active Inventory | 590 | 376 | 56.9% |
Months Supply of Inventory | 7.3 | 4.4 | 65.9% |
Saint Lucie Single Family Homes | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 395 | 469 | -15.8% |
% Paid in Cash | 22.3% | 30.5% | -26.9% |
Median Sale Price | $405,950 | $398,165 | 2.0% |
Dollar Volume | $171,034,210 | $196,749,252 | -13.1% |
% of Original List Price Received | 96 | 98 | -1.9% |
Median Time to Contract | 54 | 29 | 86.2% |
Median Time to Sales | 90 | 69 | 30.4% |
Active Inventory | 2,227 | 1,555 | 43.2% |
Months Supply of Inventory | 4.9 | 3.3 | 48.5% |
Saint Lucie Townhomes & Condos | October 2024 | October 2023 | % Change Year-over-Year |
Closed Sales | 64 | 78 | -17.9% |
% Paid in Cash | 51.6% | 56.4% | -8.6% |
Median Sale Price | $248,500 | $331,950 | -25.1% |
Dollar Volume | $18,042,304 | $29,469,180 | -38.8% |
% of Original List Price Received | 93 | 97 | -4.0% |
Median Time to Contract | 68 | 31 | 119.4% |
Median Time to Sales | 112 | 74 | 51.4% |
Active Inventory | 711 | 463 | 53.6% |
Months Supply of Inventory | 8.8 | 5.4 | 63.0% |
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