South Florida Market Stats
April 2023
| Miami Single Family Homes | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 1,000 | 1,246 | -19.7% |
| % Paid in Cash | 22.7% | 28.5% | -20.3% |
| Median Sale Price | $600,000 | $565,000 | 6.2% |
| Dollar Volume | $923,925,000 | $1,260,011,270 | -26.7% |
| % of Original List Price Received | 97 | 100 | -3% |
| Median Time to Contract | 30 | 14 | 114.3% |
| Median Time to Sales | 71 | 59 | 20.3% |
| Active Inventory | 3,036 | 2,366 | 28.3% |
| Months Supply of Inventory | 3.3 | 1.9 | 73.7% |
| Miami Townhomes & Condos | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 1,222 | 2,199 | -44.4% |
| % Paid in Cash | 50.5% | 52.4% | -3.8% |
| Median Sale Price | $414,900 | $390,000 | 6.4% |
| Dollar Volume | $802,124,466 | $1,547,117,445 | -48.2% |
| % of Original List Price Received | 96 | 99 | -3% |
| Median Time to Contract | 37 | 25 | 48.0% |
| Median Time to Sales | 75 | 69 | 8.7% |
| Active Inventory | 6,342 | 4,711 | 34.6% |
| Months Supply of Inventory | 4.9 | 2 | 113.0% |
| Broward Single Family Homes | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 1,082 | 1,509 | -28.3% |
| % Paid in Cash | 23.6% | 28.5% | -17.3% |
| Median Sale Price | $575,000 | $560,000 | 2.7% |
| Dollar Volume | $793,424,108 | $1,172,953,245 | -32.4% |
| % of Original List Price Received | 97 | 101 | -4% |
| Median Time to Contract | 27 | 12 | 125.0% |
| Median Time to Sales | 67 | 50 | 34.0% |
| Active Inventory | 2,717 | 1,765 | 53.9% |
| Months Supply of Inventory | 2.5 | 1.2 | 108.3% |
| Broward Townhomes & Condos | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 1,311 | 1,980 | -33.8% |
| % Paid in Cash | 57.9% | 59.0% | -1.9% |
| Median Sale Price | $270,000 | $245,000 | 10.2% |
| Dollar Volume | $476,796,279 | $682,678,260 | -30.2% |
| % of Original List Price Received | 96 | 100 | -3.9% |
| Median Time to Contract | 27 | 13 | 107.7% |
| Median Time to Sales | 68 | 56 | 21.4% |
| Active Inventory | 4,356 | 2,377 | 83.3% |
| Months Supply of Inventory | 3.3 | 1.3 | 153.8% |
| Palm Beach Single Family Homes | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 1,262 | 1,484 | -14.96% |
| % Paid in Cash | 45.8% | 50.3% | -8.9% |
| Median Sale Price | $585,000 | $601,000 | -2.66% |
| Dollar Volume | $1,281,668,270 | $1,611,304,940 | -20.5% |
| % of Original List Price Received | 95 | 100 | -5% |
| Median Time to Contract | 30 | 9 | 233.33% |
| Median Time to Sales | 74 | 52 | 42.31% |
| Active Inventory | 3,642 | 2,155 | 69.00% |
| Months Supply of Inventory | 3.1 | 1.4 | 121.4% |
| Palm Beach Townhomes & Condos | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 1,179 | 1,472 | -19.9% |
| % Paid in Cash | 62.4% | 66.0% | -5.5% |
| Median Sale Price | $303,000 | $293,500 | 3.2% |
| Dollar Volume | $644,579,343 | $783,913,600 | -17.8% |
| % of Original List Price Received | 95 | 100 | -6% |
| Median Time to Contract | 30 | 10 | 200.0% |
| Median Time to Sales | 73 | 51 | 43.1% |
| Active Inventory | 3,855 | 1,650 | 133.6% |
| Months Supply of Inventory | 3.8 | 1.1 | 245.5% |
| Martin Single Family Homes | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 201 | 194 | 3.6% |
| % Paid in Cash | 53.2% | 59.3% | -10.2% |
| Median Sale Price | $570,000 | $619,900 | -8.0% |
| Dollar Volume | $220,664,031 | $186,214,198 | 18.5% |
| % of Original List Price Received | 94 | 100 | -6% |
| Median Time to Contract | 31 | 8 | 287.5% |
| Median Time to Sales | 77 | 47 | 63.8% |
| Active Inventory | 463 | 268 | 72.8% |
| Months Supply of Inventory | 2.9 | 1.3 | 123.1% |
| Martin Townhomes & Condos | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 119 | 124 | -4.0% |
| % Paid in Cash | 63.0% | 61.3% | 2.8% |
| Median Sale Price | $295,000 | $252,000 | 17.1% |
| Dollar Volume | $49,128,555 | $42,335,956 | 16.0% |
| % of Original List Price Received | 95 | 100 | -5.0% |
| Median Time to Contract | 39 | 7 | 457.1% |
| Median Time to Sales | 77 | 44 | 75.0% |
| Active Inventory | 324 | 117 | 176.9% |
| Months Supply of Inventory | 3.7 | 1.1 | 236.4% |
| Saint Lucie Single Family Homes | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 520 | 665 | -21.8% |
| % Paid in Cash | 25.4% | 26.9% | -5.7% |
| Median Sale Price | $380,000 | $380,000 | 0.0% |
| Dollar Volume | $212,794,400 | $270,809,945 | -21.4% |
| % of Original List Price Received | 96 | 100 | -4.4% |
| Median Time to Contract | 36 | 8 | 350.0% |
| Median Time to Sales | 75 | 51 | 47.1% |
| Active Inventory | 1,295 | 678 | 91.0% |
| Months Supply of Inventory | 2.6 | 1.1 | 136.4% |
| Saint Lucie Townhomes & Condos | April 2023 | April 2022 | % Change Year-over-Year |
| Closed Sales | 100 | 146 | -31.5% |
| % Paid in Cash | 56.0% | 60.3% | -7.1% |
| Median Sale Price | $305,000 | $285,000 | 7.0% |
| Dollar Volume | $35,510,700 | $56,469,588 | -37.1% |
| % of Original List Price Received | 93 | 100 | -6.7% |
| Median Time to Contract | 38 | 11 | 245.5% |
| Median Time to Sales | 75 | 55 | 36.4% |
| Active Inventory | 389 | 149 | 161.1% |
| Months Supply of Inventory | 4.7 | 1.2 | 291.7% |
Summary Reports
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Miami-Dade County_Single Family Homes_2023-04_Summary
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Broward County_Townhouses and Condos_2023-04_Summary
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Broward County_Single Family Homes_2023-04_Summary
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Miami-Dade County_Townhouses and Condos_2023-04_Summary
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Martin County_Townhouses and Condos_2023-04_Summary
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Palm Beach County_Single Family Homes_2023-04_Summary
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Palm Beach County_Townhouses and Condos_2023-04_Summary
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Martin County_Single Family Homes_2023-04_Summary
Detailed Reports
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Palm Beach County_Townhouses and Condos_2023-04_Detail
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Broward County_Single Family Homes_2023-04_Detail
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Miami-Dade County_Single Family Homes_2023-04_Detail
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Miami-Dade County_Townhouses and Condos_2023-04_Detail
-
Palm Beach County_Single Family Homes_2023-04_Detail
-
Martin County_Townhouses and Condos_2023-04_Detail
-
Broward County_Townhouses and Condos_2023-04_Detail
-
Martin County_Single Family Homes_2023-04_Detail
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