South Florida Market Stats
September 2024
| Miami Single Family Homes | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 809 | 894 | -9.5% |
| % Paid in Cash | 21.0% | 27.4% | -23.3% |
| Median Sale Price | $653,400 | $600,000 | 8.9% |
| Dollar Volume | $890,255,960 | $983,178,288 | -9.5% |
| % of Original List Price Received | 96 | 98 | -2% |
| Median Time to Contract | 32 | 21 | 52.4% |
| Median Time to Sales | 71 | 64 | 10.9% |
| Active Inventory | 4,503 | 3,318 | 35.7% |
| Months Supply of Inventory | 5.1 | 3.8 | 34.2% |
| Miami Townhomes & Condos | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 883 | 1,090 | -19.0% |
| % Paid in Cash | 43.3% | 52.5% | -21.3% |
| Median Sale Price | $420,000 | $415,000 | 1.2% |
| Dollar Volume | $572,852,431 | $684,667,150 | -16.3% |
| % of Original List Price Received | 95 | 97 | -2% |
| Median Time to Contract | 51 | 30 | 70.0% |
| Median Time to Sales | 93 | 72 | 29.2% |
| Active Inventory | 10,532 | 6,685 | 57.5% |
| Months Supply of Inventory | 10.1 | 6 | 74.1% |
| Broward Single Family Homes | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 928 | 1,056 | -12.1% |
| % Paid in Cash | 24.4% | 27.1% | -10.1% |
| Median Sale Price | $615,325 | $602,000 | 2.2% |
| Dollar Volume | $724,362,464 | $885,496,128 | -18.2% |
| % of Original List Price Received | 95 | 97 | -2% |
| Median Time to Contract | 35 | 21 | 66.7% |
| Median Time to Sales | 75 | 62 | 21.0% |
| Active Inventory | 4,665 | 3,107 | 50.1% |
| Months Supply of Inventory | 4.6 | 3.0 | 53.3% |
| Broward Townhomes & Condos | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 922 | 1,122 | -17.8% |
| % Paid in Cash | 47.1% | 51.2% | -8.1% |
| Median Sale Price | $281,500 | $270,000 | 4.3% |
| Dollar Volume | $338,353,716 | $384,054,990 | -11.9% |
| % of Original List Price Received | 94 | 97 | -2.6% |
| Median Time to Contract | 48 | 25 | 92.0% |
| Median Time to Sales | 90 | 68 | 32.4% |
| Active Inventory | 9,534 | 5,015 | 90.1% |
| Months Supply of Inventory | 8.7 | 4.1 | 112.2% |
| Palm Beach Single Family Homes | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 932 | 1,102 | -15.43% |
| % Paid in Cash | 41.5% | 44.4% | -6.4% |
| Median Sale Price | $615,000 | $600,000 | 2.50% |
| Dollar Volume | $935,031,796 | $1,043,522,370 | -10.4% |
| % of Original List Price Received | 94 | 96 | -2% |
| Median Time to Contract | 42 | 24 | 75.00% |
| Median Time to Sales | 85 | 67 | 26.87% |
| Active Inventory | 5,424 | 3,765 | 44.06% |
| Months Supply of Inventory | 4.9 | 3.3 | 48.5% |
| Palm Beach Townhomes & Condos | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 696 | 926 | -24.8% |
| % Paid in Cash | 58.3% | 59.8% | -2.5% |
| Median Sale Price | $315,000 | $309,900 | 1.6% |
| Dollar Volume | $344,039,760 | $430,722,418 | -20.1% |
| % of Original List Price Received | 93 | 95 | -2% |
| Median Time to Contract | 54 | 33 | 63.6% |
| Median Time to Sales | 91 | 78 | 16.7% |
| Active Inventory | 6,604 | 3,763 | 75.5% |
| Months Supply of Inventory | 7.6 | 3.8 | 100.0% |
| Martin Single Family Homes | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 155 | 144 | 7.6% |
| % Paid in Cash | 47.1% | 42.4% | 11.2% |
| Median Sale Price | $600,000 | $577,645 | 3.9% |
| Dollar Volume | $135,995,140 | $103,463,568 | 31.4% |
| % of Original List Price Received | 94 | 96 | -2% |
| Median Time to Contract | 59 | 25 | 136.0% |
| Median Time to Sales | 99 | 69 | 43.5% |
| Active Inventory | 742 | 461 | 61.0% |
| Months Supply of Inventory | 4.6 | 2.9 | 58.6% |
| Martin Townhomes & Condos | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 58 | 71 | -18.3% |
| % Paid in Cash | 51.7% | 67.6% | -23.5% |
| Median Sale Price | $300,000 | $285,000 | 5.3% |
| Dollar Volume | $22,774,106 | $23,295,952 | -2.2% |
| % of Original List Price Received | 92 | 95 | -3.3% |
| Median Time to Contract | 80 | 38 | 110.5% |
| Median Time to Sales | 137 | 72 | 90.3% |
| Active Inventory | 552 | 335 | 64.8% |
| Months Supply of Inventory | 6.9 | 3.8 | 81.6% |
| Saint Lucie Single Family Homes | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 420 | 474 | -11.4% |
| % Paid in Cash | 22.1% | 26.8% | -17.4% |
| Median Sale Price | $402,450 | $394,500 | 2.0% |
| Dollar Volume | $178,498,320 | $197,212,914 | -9.5% |
| % of Original List Price Received | 96 | 98 | -2.1% |
| Median Time to Contract | 46 | 24 | 91.7% |
| Median Time to Sales | 90 | 70 | 28.6% |
| Active Inventory | 2,235 | 1,408 | 58.7% |
| Months Supply of Inventory | 4.9 | 3.0 | 63.3% |
| Saint Lucie Townhomes & Condos | September 2024 | September 2023 | % Change Year-over-Year |
| Closed Sales | 74 | 87 | -14.9% |
| % Paid in Cash | 43.2% | 56.3% | -23.2% |
| Median Sale Price | $319,500 | $315,000 | 1.4% |
| Dollar Volume | $30,073,304 | $29,884,065 | 0.6% |
| % of Original List Price Received | 95 | 95 | -0.2% |
| Median Time to Contract | 63 | 47 | 34.0% |
| Median Time to Sales | 116 | 86 | 34.9% |
| Active Inventory | 673 | 405 | 66.2% |
| Months Supply of Inventory | 8.2 | 4.8 | 70.8% |
Summary Reports
-
Broward County_Single Family Homes_2024-09_Summary
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Broward County_Townhouses and Condos_2024-09_Summary
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St. Lucie County_Townhouses and Condos_2024-09_Summary
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Miami-Dade County_Single Family Homes_2024-09_Summary
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Miami-Dade County_Townhouses and Condos_2024-09_Summary
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Martin County_Single Family Homes_2024-09_Summary
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Palm Beach County_Townhouses and Condos_2024-09_Summary
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Palm Beach County_Single Family Homes_2024-09_Summary
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Martin County_Townhouses and Condos_2024-09_Summary
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St. Lucie County_Single Family Homes_2024-09_Summary
Detailed Reports
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Martin County_Townhouses and Condos_2024-09_Detail
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St. Lucie County_Single Family Homes_2024-09_Detail
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Palm Beach County_Single Family Homes_2024-09_Detail
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Broward County_Townhouses and Condos_2024-09_Detail
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Martin County_Single Family Homes_2024-09_Detail
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Broward County_Single Family Homes_2024-09_Detail
-
Miami-Dade County_Single Family Homes_2024-09_Detail
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Palm Beach County_Townhouses and Condos_2024-09_Detail
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Miami-Dade County_Townhouses and Condos_2024-09_Detail
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St. Lucie County_Townhouses and Condos_2024-09_Detail
South Florida Market Stat InfoGraphics and Videos. Download the South Florida Market Snapshot Info Graphics....
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