South Florida Market Stats
February 2020
Miami Single Family Homes | February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 884 | 805 | 9.8% |
% Paid in Cash | 21.5% | 22.7% | -5.5% |
Median Sale Price | $370,000 | $345,000 | 7.2% |
Dollar Volume | $455,442,104 | $449,710,030 | 1.3% |
% of Original List Price Received |
95 | 95 | 0% |
Median Time to Contract | 65 | 61 | 6.6% |
Median Time to Sales | 105 | 108 | -2.8% |
Active Inventory | 6,238 | 7,250 | -14.0% |
Months Supply of Inventory | 5.5 | 6.8 | -19.1% |
Miami Townhomes & Condos | February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 978 | 934 | 4.7% |
% Paid in Cash | 51.5% | 54.7% | -6.2% |
Median Sale Price | $255,000 | $250,000 | 2.0% |
Dollar Volume | $372,387,192 | $413,481,800 | -9.9% |
% of Original List Price Received |
94 | 93 | 2% |
Median Time to Contract | 85 | 83 | 2.4% |
Median Time to Sales | 127 | 122 | 4.1% |
Active Inventory | 14,960 | 16,583 | -9.8% |
Months Supply of Inventory | 12.6 | 15 | -13.1% |
Broward Single Family Homes | February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 1,004 | 938 | 7.0% |
% Paid in Cash | 21.5% | 23.9% | -9.9% |
Median Sale Price | $385,000 | $350,000 | 10.0% |
Dollar Volume | $546,310,536 | $423,422,580 | 29.0% |
% of Original List Price Received |
96 | 95 | 1% |
Median Time to Contract | 56 | 56 | 0.0% |
Median Time to Sales | 96 | 97 | -1.0% |
Active Inventory | 4,863 | 6,145 | -20.9% |
Months Supply of Inventory | 3.6 | 4.8 | -25.0% |
Broward Townhomes & Condos | February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 1,155 | 1,113 | 3.8% |
% Paid in Cash | 55.7% | 56.2% | -1.0% |
Median Sale Price | $180,500 | $160,000 | 12.8% |
Dollar Volume | $277,282,005 | $234,473,484 | 18.3% |
% of Original List Price Received |
94 | 94 | 0.5% |
Median Time to Contract | 63 | 62 | 1.6% |
Median Time to Sales | 103 | 102 | 1.0% |
Active Inventory | 8,026 | 9,019 | -11.0% |
Months Supply of Inventory | 5.8 | 6.4 | -9.4% |
Palm Beach Single Family Homes | February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 1,233 | 1,098 | 12.30% |
% Paid in Cash | 35.5% | 39.2% | -9.3% |
Median Sale Price | $363,000 | $340,000 | 6.76% |
Dollar Volume | $750,673,827 | $582,059,682 | 29.0% |
% of Original List Price Received |
95 | 94 | 1% |
Median Time to Contract | 61 | 61 | 0.00% |
Median Time to Sales | 103 | 100 | 3.00% |
Active Inventory | 6,282 | 8,269 | -24.03% |
Months Supply of Inventory | 4.2 | 5.8 | -27.6% |
Palm Beach Townhomes & Condos |
February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 1,015 | 902 | 12.5% |
% Paid in Cash | 62.5% | 60.1% | 4.0% |
Median Sale Price | $189,000 | $183,000 | 3.3% |
Dollar Volume | $337,481,410 | $264,441,144 | 27.6% |
% of Original List Price Received |
94 | 94 | 0% |
Median Time to Contract | 59 | 60 | -1.7% |
Median Time to Sales | 97 | 97 | 0.0% |
Active Inventory | 6,170 | 6,976 | -11.6% |
Months Supply of Inventory | 5.4 | 6.1 | -11.5% |
Martin Single Family Homes | February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 170 | 168 | 1.2% |
% Paid in Cash | 41.8% | 44.0% | -5.2% |
Median Sale Price | $372,000 | $327,000 | 13.8% |
Dollar Volume | $106,919,970 | $77,095,704 | 38.7% |
% of Original List Price Received |
95 | 95 | 0% |
Median Time to Contract | 51 | 49 | 4.1% |
Median Time to Sales | 90 | 94 | -4.3% |
Active Inventory | 923 | 1,178 | -21.6% |
Months Supply of Inventory | 4.6 | 5.9 | -22.0% |
Martin Townhomes & Condos | February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 85 | 70 | 21.4% |
% Paid in Cash | 64.7% | 70.0% | -7.6% |
Median Sale Price | $160,000 | $155,000 | 3.2% |
Dollar Volume | $18,190,340 | $13,705,580 | 32.7% |
% of Original List Price Received |
96 | 96 | -0.6% |
Median Time to Contract | 48 | 20 | 140.0% |
Median Time to Sales | 88 | 57 | 54.4% |
Active Inventory | 411 | 455 | -9.7% |
Months Supply of Inventory | 4.5 | 4.7 | -4.3% |
Saint Lucie Single Family Homes |
February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 366 | 357 | 2.5% |
% Paid in Cash | 27.6% | 24.1% | 14.6% |
Median Sale Price | $235,000 | $229,000 | 2.6% |
Dollar Volume | $91,636,884 | $85,615,740 | 7.0% |
% of Original List Price Received |
97 | 96 | 1.2% |
Median Time to Contract | 53 | 63 | -15.9% |
Median Time to Sales | 96 | 102 | -5.9% |
Active Inventory | 1,877 | 2,171 | -13.5% |
Months Supply of Inventory | 3.8 | 4.8 | -20.8% |
Saint Lucie Townhomes & Condos |
February 2020 | February 2019 | % Change Year-over-Year |
Closed Sales | 86 | 80 | 7.5% |
% Paid in Cash | 52.3% | 61.3% | -14.6% |
Median Sale Price | $193,000 | $155,500 | 24.1% |
Dollar Volume | $21,861,716 | $16,612,480 | 31.6% |
% of Original List Price Received |
94 | 95 | -0.6% |
Median Time to Contract | 68 | 48 | 41.7% |
Median Time to Sales | 97 | 86 | 12.8% |
Active Inventory | 616 | 636 | -3.1% |
Months Supply of Inventory | 6.3 | 6.1 | 3.3% |
Summary Reports
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Miami-Dade County_Single Family Homes_2020-02_Summary
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Miami-Dade County_Townhouses and Condos_2020-02_Summary
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Broward County_Single Family Homes_2020-02_Summary
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Broward County_Townhouses and Condos_2020-02_Summary
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Palm Beach County_Single Family Homes_2020-02_Summary
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Palm Beach County_Townhouses and Condos_2020-02_Summary
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Martin County_Single Family Homes_2020-02_Summary
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Martin County_Townhouses and Condos_2020-02_Summary
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St. Lucie County_Single Family Homes_2020-02_Summary
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St. Lucie County_Townhouses and Condos_2020-02_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2020-02_Detail
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Miami-Dade County_Townhouses and Condos_2020-02_Detail
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Broward County_Single Family Homes_2020-02_Detail
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Broward County_Townhouses and Condos_2020-02_Detail
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Palm Beach County_Single Family Homes_2020-02_Detail
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Palm Beach County_Townhouses and Condos_2020-02_Detail
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Martin County_Single Family Homes_2020-02_Detai
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Martin County_Townhouses and Condos_2020-02_Detail
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St. Lucie County_Single Family Homes_2020-02_Detail
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St. Lucie County_Townhouses and Condos_2020-02_Detail
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