South Florida Market Stats
December 2024
| Miami Single Family Homes | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 829 | 754 | 9.9% |
| % Paid in Cash | 28.1% | 27.3% | 2.9% |
| Median Sale Price | $675,000 | $610,000 | 10.7% |
| Dollar Volume | $982,920,430 | $683,927,764 | 43.7% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 43 | 28 | 53.6% |
| Median Time to Sales | 83 | 69 | 20.3% |
| Active Inventory | 4,683 | 3,755 | 24.7% |
| Months Supply of Inventory | 5.2 | 4.3 | 20.9% |
| Miami Townhomes & Condos | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 935 | 960 | -2.6% |
| % Paid in Cash | 51.4% | 49.5% | 3.8% |
| Median Sale Price | $430,000 | $410,000 | 4.9% |
| Dollar Volume | $714,366,180 | $616,992,000 | 15.8% |
| % of Original List Price Received | 94 | 96 | -2% |
| Median Time to Contract | 58 | 37 | 56.8% |
| Median Time to Sales | 96 | 76 | 26.3% |
| Active Inventory | 11,256 | 7,690 | 46.4% |
| Months Supply of Inventory | 11.1 | 7 | 63.2% |
| Broward Single Family Homes | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 950 | 876 | 8.4% |
| % Paid in Cash | 25.2% | 22.9% | 9.6% |
| Median Sale Price | $620,000 | $570,000 | 8.8% |
| Dollar Volume | $797,664,650 | $656,127,504 | 21.6% |
| % of Original List Price Received | 96 | 96 | -1% |
| Median Time to Contract | 40 | 28 | 42.9% |
| Median Time to Sales | 76 | 66 | 15.2% |
| Active Inventory | 4,719 | 3,543 | 33.2% |
| Months Supply of Inventory | 4.6 | 3.4 | 35.3% |
| Broward Townhomes & Condos | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 936 | 1,025 | -8.7% |
| % Paid in Cash | 51.0% | 53.6% | -4.9% |
| Median Sale Price | $283,250 | $275,000 | 3.0% |
| Dollar Volume | $356,270,616 | $376,933,500 | -5.5% |
| % of Original List Price Received | 93 | 95 | -2.4% |
| Median Time to Contract | 58 | 35 | 65.7% |
| Median Time to Sales | 98 | 75 | 30.7% |
| Active Inventory | 10,239 | 6,326 | 61.9% |
| Months Supply of Inventory | 9.8 | 5.3 | 84.9% |
| Palm Beach Single Family Homes | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 1,032 | 969 | 6.50% |
| % Paid in Cash | 43.4% | 45.8% | -5.3% |
| Median Sale Price | $622,500 | $580,000 | 7.33% |
| Dollar Volume | $1,100,381,352 | $901,492,677 | 22.1% |
| % of Original List Price Received | 94 | 95 | -1% |
| Median Time to Contract | 41 | 29 | 41.38% |
| Median Time to Sales | 83 | 68 | 22.06% |
| Active Inventory | 5,637 | 4,575 | 23.21% |
| Months Supply of Inventory | 5.1 | 4.0 | 27.5% |
| Palm Beach Townhomes & Condos | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 654 | 801 | -18.4% |
| % Paid in Cash | 59.2% | 63.2% | -6.3% |
| Median Sale Price | $317,500 | $305,000 | 4.1% |
| Dollar Volume | $309,005,844 | $407,324,520 | -24.1% |
| % of Original List Price Received | 93 | 94 | -2% |
| Median Time to Contract | 55 | 31 | 77.4% |
| Median Time to Sales | 91 | 70 | 30.0% |
| Active Inventory | 7,287 | 4,940 | 47.5% |
| Months Supply of Inventory | 8.8 | 4.9 | 79.6% |
| Martin Single Family Homes | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 176 | 128 | 37.5% |
| % Paid in Cash | 48.3% | 55.5% | -12.9% |
| Median Sale Price | $585,000 | $560,000 | 4.5% |
| Dollar Volume | $145,870,384 | $105,229,568 | 38.6% |
| % of Original List Price Received | 93 | 95 | -2% |
| Median Time to Contract | 42 | 25 | 68.0% |
| Median Time to Sales | 83 | 62 | 33.9% |
| Active Inventory | 829 | 590 | 40.5% |
| Months Supply of Inventory | 5.1 | 3.6 | 41.7% |
| Martin Townhomes & Condos | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 73 | 81 | -9.9% |
| % Paid in Cash | 54.8% | 61.7% | -11.2% |
| Median Sale Price | $240,000 | $285,000 | -15.8% |
| Dollar Volume | $23,243,127 | $28,883,790 | -19.5% |
| % of Original List Price Received | 90 | 95 | -5.9% |
| Median Time to Contract | 65 | 34 | 91.2% |
| Median Time to Sales | 96 | 69 | 39.1% |
| Active Inventory | 635 | 449 | 41.4% |
| Months Supply of Inventory | 7.7 | 5.2 | 48.1% |
| Saint Lucie Single Family Homes | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 404 | 384 | 5.2% |
| % Paid in Cash | 29.0% | 25.3% | 14.6% |
| Median Sale Price | $389,900 | $389,995 | 0.0% |
| Dollar Volume | $173,396,800 | $160,997,760 | 7.7% |
| % of Original List Price Received | 96 | 97 | -0.8% |
| Median Time to Contract | 54 | 32 | 68.8% |
| Median Time to Sales | 95 | 75 | 26.7% |
| Active Inventory | 2,293 | 1,719 | 33.4% |
| Months Supply of Inventory | 5.1 | 3.6 | 41.7% |
| Saint Lucie Townhomes & Condos | December 2024 | December 2023 | % Change Year-over-Year |
| Closed Sales | 65 | 67 | -3.0% |
| % Paid in Cash | 46.2% | 41.8% | 10.4% |
| Median Sale Price | $299,000 | $320,000 | -6.6% |
| Dollar Volume | $22,302,475 | $28,711,242 | -22.3% |
| % of Original List Price Received | 94 | 96 | -2.1% |
| Median Time to Contract | 99 | 42 | 135.7% |
| Median Time to Sales | 123 | 97 | 26.8% |
| Active Inventory | 764 | 556 | 37.4% |
| Months Supply of Inventory | 9.8 | 6.4 | 53.1% |
Summary Reports
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Miami-Dade County_Townhouses and Condos_2024_Summary
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Broward County_Townhouses and Condos_2024_Summary
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Broward County_Townhouses and Condos_2024-12_Summary
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Broward County_Single Family Homes_2024-12_Summary
-
Miami-Dade County_Single Family Homes_2024-12_Summary
-
Palm Beach County_Single Family Homes_2024_Summary
-
St. Lucie County_Townhouses and Condos_2024-12_Summary
-
Martin County_Townhouses and Condos_2024-12_Summary
-
Palm Beach County_Townhouses and Condos_2024_Summary
-
Palm Beach County_Single Family Homes_2024-12_Summary
-
St. Lucie County_Townhouses and Condos_2024_Summary
-
Palm Beach County_Townhouses and Condos_2024-12_Summary
-
Martin County_Single Family Homes_2024_Summary
-
Martin County_Single Family Homes_2024-12_Summary
-
St. Lucie County_Single Family Homes_2024-12_Summary
-
Broward County_Single Family Homes_2024_Summary
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St. Lucie County_Single Family Homes_2024_Summary
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Martin County_Townhouses and Condos_2024-12_Detail
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Miami-Dade County_Townhouses and Condos_2024-12_Summary
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Miami-Dade County_Single Family Homes_2024_Summary
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Martin County_Townhouses and Condos_2024_Summary
Detailed Reports
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Palm Beach County_Single Family Homes_2024_Detail
-
Miami-Dade County_Townhouses and Condos_2024-12_Detail
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St. Lucie County_Townhouses and Condos_2024-12_Detail
-
Broward County_Single Family Homes_2024-12_Detail
-
Martin County_Single Family Homes_2024_Detail
-
St. Lucie County_Townhouses and Condos_2024_Detail
-
Martin County_Townhouses and Condos_2024_Detail
-
St. Lucie County_Single Family Homes_2024_Detail
-
Palm Beach County_Townhouses and Condos_2024_Detail
-
Miami-Dade County_Single Family Homes_2024-12_Detail
-
Miami-Dade County_Townhouses and Condos_2024_Detail
-
Palm Beach County_Townhouses and Condos_2024-12_Detail
-
Broward County_Townhouses and Condos_2024-12_Detail
-
Martin County_Single Family Homes_2024-12_Detail
-
Miami-Dade County_Single Family Homes_2024_Detail
-
Broward County_Townhouses and Condos_2024_Detail
-
St. Lucie County_Single Family Homes_2024-12_Detail
-
Palm Beach County_Single Family Homes_2024-12_Detail
-
Broward County_Single Family Homes_2024_Detail
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