South Florida Market Stats
June 2024
| Miami Single Family Homes | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 966 | 1,004 | -3.8% |
| % Paid in Cash | 24.6% | 26.6% | -7.4% |
| Median Sale Price | $657,000 | $622,500 | 5.5% |
| Dollar Volume | $1,216,357,254 | $1,038,246,440 | 17.2% |
| % of Original List Price Received | 97 | 97 | -1% |
| Median Time to Contract | 28 | 27 | 3.7% |
| Median Time to Sales | 69 | 71 | -2.8% |
| Active Inventory | 3,929 | 2,911 | 35.0% |
| Months Supply of Inventory | 4.4 | 3.3 | 33.3% |
| Miami Townhomes & Condos | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 1,085 | 1,360 | -20.2% |
| % Paid in Cash | 49.9% | 56.0% | -12.2% |
| Median Sale Price | $420,000 | $418,000 | 0.5% |
| Dollar Volume | $830,225,725 | $941,704,800 | -11.8% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 50 | 32 | 56.3% |
| Median Time to Sales | 90 | 77 | 16.9% |
| Active Inventory | 9,588 | 6,116 | 56.8% |
| Months Supply of Inventory | 8.9 | 5 | 78.0% |
| Broward Single Family Homes | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 1,138 | 1,256 | -9.4% |
| % Paid in Cash | 22.8% | 26.1% | -12.5% |
| Median Sale Price | $640,000 | $615,000 | 4.1% |
| Dollar Volume | $945,634,756 | $1,033,694,280 | -8.5% |
| % of Original List Price Received | 96 | 98 | -1% |
| Median Time to Contract | 27 | 19 | 42.1% |
| Median Time to Sales | 67 | 60 | 11.7% |
| Active Inventory | 4,379 | 2,826 | 55.0% |
| Months Supply of Inventory | 4.3 | 2.7 | 59.3% |
| Broward Townhomes & Condos | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 1,068 | 1,466 | -27.1% |
| % Paid in Cash | 51.8% | 53.8% | -3.7% |
| Median Sale Price | $287,500 | $280,000 | 2.7% |
| Dollar Volume | $406,024,764 | $530,321,102 | -23.4% |
| % of Original List Price Received | 94 | 96 | -2.1% |
| Median Time to Contract | 45 | 26 | 73.1% |
| Median Time to Sales | 88 | 68 | 29.4% |
| Active Inventory | 8,938 | 4,291 | 108.3% |
| Months Supply of Inventory | 7.9 | 3.4 | 132.4% |
| Palm Beach Single Family Homes | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 1,269 | 1,428 | -11.13% |
| % Paid in Cash | 43.1% | 42.9% | 0.4% |
| Median Sale Price | $659,999 | $625,000 | 5.60% |
| Dollar Volume | $1,445,286,942 | $1,522,583,580 | -5.1% |
| % of Original List Price Received | 95 | 96 | -1% |
| Median Time to Contract | 35 | 26 | 34.62% |
| Median Time to Sales | 80 | 73 | 9.59% |
| Active Inventory | 5,170 | 3,497 | 47.84% |
| Months Supply of Inventory | 4.5 | 3.0 | 50.0% |
| Palm Beach Townhomes & Condos | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 868 | 1,204 | -27.9% |
| % Paid in Cash | 60.0% | 61.4% | -2.2% |
| Median Sale Price | $325,000 | $325,000 | 0.0% |
| Dollar Volume | $462,385,336 | $662,726,148 | -30.2% |
| % of Original List Price Received | 92 | 96 | -3% |
| Median Time to Contract | 46 | 26 | 76.9% |
| Median Time to Sales | 89 | 71 | 25.4% |
| Active Inventory | 6,522 | 3,592 | 81.6% |
| Months Supply of Inventory | 7.1 | 3.6 | 97.2% |
| Martin Single Family Homes | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 181 | 193 | -6.2% |
| % Paid in Cash | 54.1% | 43.5% | 24.4% |
| Median Sale Price | $625,000 | $598,500 | 4.4% |
| Dollar Volume | $161,621,054 | $140,585,832 | 15.0% |
| % of Original List Price Received | 94 | 96 | -2% |
| Median Time to Contract | 32 | 22 | 45.5% |
| Median Time to Sales | 76 | 66 | 15.2% |
| Active Inventory | 727 | 467 | 55.7% |
| Months Supply of Inventory | 4.5 | 2.9 | 55.2% |
| Martin Townhomes & Condos | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 83 | 109 | -23.9% |
| % Paid in Cash | 61.4% | 60.6% | 1.5% |
| Median Sale Price | $289,000 | $305,900 | -5.5% |
| Dollar Volume | $28,962,352 | $42,338,761 | -31.6% |
| % of Original List Price Received | 94 | 94 | -0.2% |
| Median Time to Contract | 42 | 36 | 16.7% |
| Median Time to Sales | 79 | 77 | 2.6% |
| Active Inventory | 531 | 287 | 85.0% |
| Months Supply of Inventory | 6.2 | 3.3 | 87.9% |
| Saint Lucie Single Family Homes | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 493 | 566 | -12.9% |
| % Paid in Cash | 23.1% | 27.0% | -14.5% |
| Median Sale Price | $408,380 | $390,000 | 4.7% |
| Dollar Volume | $213,017,905 | $241,687,094 | -11.9% |
| % of Original List Price Received | 96 | 97 | -1.5% |
| Median Time to Contract | 42 | 29 | 44.8% |
| Median Time to Sales | 87 | 74 | 17.6% |
| Active Inventory | 2,153 | 1,135 | 89.7% |
| Months Supply of Inventory | 4.7 | 2.3 | 104.3% |
| Saint Lucie Townhomes & Condos | June 2024 | June 2023 | % Change Year-over-Year |
| Closed Sales | 72 | 102 | -29.4% |
| % Paid in Cash | 56.9% | 57.8% | -1.6% |
| Median Sale Price | $332,950 | $280,950 | 18.5% |
| Dollar Volume | $30,117,384 | $40,593,246 | -25.8% |
| % of Original List Price Received | 93 | 94 | -1.9% |
| Median Time to Contract | 82 | 53 | 54.7% |
| Median Time to Sales | 115 | 86 | 33.7% |
| Active Inventory | 672 | 395 | 70.1% |
| Months Supply of Inventory | 7.9 | 4.8 | 64.6% |
Summary Reports
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St. Lucie County_Single Family Homes_2024-06_Summary-2
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Broward County_Single Family Homes_2024-06_Summary-2
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St. Lucie County_Townhouses and Condos_2024-06_Summary-2
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Miami-Dade County_Townhouses and Condos_2024-06_Summary-2
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Palm Beach County_Townhouses and Condos_2024-06_Summary-2
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Martin County_Townhouses and Condos_2024-06_Summary-2
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Broward County_Townhouses and Condos_2024-06_Summary-2
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Miami-Dade County_Single Family Homes_2024-06_Summary-2
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Palm Beach County_Single Family Homes_2024-06_Summary-2
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Martin County_Single Family Homes_2024-06_Summary-2
Detailed Reports
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Palm Beach County_Townhouses and Condos_2024-06_Detail-2
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Palm Beach County_Single Family Homes_2024-06_Detail-2
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Miami-Dade County_Single Family Homes_2024-06_Detail-2
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St. Lucie County_Single Family Homes_2024-06_Detail-2
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Martin County_Townhouses and Condos_2024-06_Detail-2
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Broward County_Townhouses and Condos_2024-06_Detail-2
-
Martin County_Single Family Homes_2024-06_Detail-2
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Miami-Dade County_Townhouses and Condos_2024-06_Detail-2
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St. Lucie County_Townhouses and Condos_2024-06_Detail-2
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Broward County_Single Family Homes_2024-06_Detail-2
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