South Florida Market Stats
July 2020
Miami Single Family Homes | July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 1,194 | 1,270 | -6.0% |
% Paid in Cash | 15.6% | 18.3% | -15.1% |
Median Sale Price | $410,000 | $372,000 | 10.2% |
Dollar Volume | $810,374,964 | $805,345,100 | 0.6% |
% of Original List Price Received |
96 | 96 | 0% |
Median Time to Contract | 46 | 52 | -11.5% |
Median Time to Sales | 92 | 98 | -6.1% |
Active Inventory | 4,409 | 6,489 | -32.1% |
Months Supply of Inventory | 4.3 | 6.0 | -28.3% |
Miami Townhomes & Condos | July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 1,109 | 1,220 | -9.1% |
% Paid in Cash | 40.9% | 42.7% | -4.3% |
Median Sale Price | $260,000 | $249,500 | 4.2% |
Dollar Volume | $453,260,499 | $466,944,020 | -2.9% |
% of Original List Price Received |
94 | 94 | 0% |
Median Time to Contract | 72 | 72 | 0.0% |
Median Time to Sales | 116 | 113 | 2.7% |
Active Inventory | 14,444 | 15,378 | -6.1% |
Months Supply of Inventory | 14.2 | 13 | 6.8% |
Broward Single Family Homes | July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 1,646 | 1,634 | 0.7% |
% Paid in Cash | 14.8% | 17.4% | -14.7% |
Median Sale Price | $400,000 | $380,000 | 5.3% |
Dollar Volume | $841,273,892 | $775,811,762 | 8.4% |
% of Original List Price Received |
97 | 96 | 1% |
Median Time to Contract | 32 | 43 | -25.6% |
Median Time to Sales | 73 | 85 | -14.1% |
Active Inventory | 3,725 | 5,562 | -33.0% |
Months Supply of Inventory | 3.1 | 4.2 | -26.2% |
Broward Townhomes & Condos | July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 1,326 | 1,547 | -14.3% |
% Paid in Cash | 43.1% | 50.0% | -13.8% |
Median Sale Price | $196,000 | $172,500 | 13.6% |
Dollar Volume | $340,179,996 | $344,123,962 | -1.1% |
% of Original List Price Received |
95 | 94 | 0.6% |
Median Time to Contract | 52 | 53 | -1.9% |
Median Time to Sales | 92 | 96 | -4.2% |
Active Inventory | 7,955 | 7,832 | 1.6% |
Months Supply of Inventory | 6.6 | 5.6 | 17.9% |
Palm Beach Single Family Homes | July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 1,941 | 1,775 | 9.35% |
% Paid in Cash | 28.5% | 29.7% | -4.0% |
Median Sale Price | $399,320 | $355,013 | 12.48% |
Dollar Volume | $1,432,162,968 | $1,026,892,525 | 39.5% |
% of Original List Price Received |
96 | 95 | 1% |
Median Time to Contract | 42 | 49 | -14.29% |
Median Time to Sales | 85 | 94 | -9.57% |
Active Inventory | 4,666 | 6,494 | -28.15% |
Months Supply of Inventory | 3.4 | 4.5 | -24.4% |
Palm Beach Townhomes & Condos |
July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 1,319 | 1,232 | 7.1% |
% Paid in Cash | 49.9% | 51.6% | -3.4% |
Median Sale Price | $205,000 | $185,000 | 10.8% |
Dollar Volume | $404,229,973 | $361,219,936 | 11.9% |
% of Original List Price Received |
94 | 94 | 0% |
Median Time to Contract | 54 | 53 | 1.9% |
Median Time to Sales | 91 | 95 | -4.2% |
Active Inventory | 5,781 | 5,462 | 5.8% |
Months Supply of Inventory | 5.7 | 4.9 | 16.3% |
Martin Single Family Homes | July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 281 | 197 | 42.6% |
% Paid in Cash | 28.8% | 37.6% | -23.3% |
Median Sale Price | $407,750 | $382,000 | 6.7% |
Dollar Volume | $178,025,864 | $100,163,468 | 77.7% |
% of Original List Price Received |
95 | 95 | 0% |
Median Time to Contract | 55 | 52 | 5.8% |
Median Time to Sales | 100 | 103 | -2.9% |
Active Inventory | 679 | 962 | -29.4% |
Months Supply of Inventory | 3.5 | 4.9 | -28.6% |
Martin Townhomes & Condos | July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 102 | 97 | 5.2% |
% Paid in Cash | 44.1% | 61.9% | -28.7% |
Median Sale Price | $179,500 | $170,000 | 5.6% |
Dollar Volume | $21,432,750 | $18,978,438 | 12.9% |
% of Original List Price Received |
95 | 94 | 0.5% |
Median Time to Contract | 57 | 47 | 21.3% |
Median Time to Sales | 99 | 92 | 7.6% |
Active Inventory | 365 | 358 | 2.0% |
Months Supply of Inventory | 4.2 | 3.9 | 7.7% |
Saint Lucie Single Family Homes |
July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 640 | 531 | 20.5% |
% Paid in Cash | 17.7% | 23.2% | -23.8% |
Median Sale Price | $250,000 | $230,950 | 8.2% |
Dollar Volume | $174,951,040 | $130,884,597 | 33.7% |
% of Original List Price Received |
98 | 97 | 1.2% |
Median Time to Contract | 30 | 42 | -28.6% |
Median Time to Sales | 86 | 86 | 0.0% |
Active Inventory | 1,094 | 1,790 | -38.9% |
Months Supply of Inventory | 2.2 | 3.8 | -42.1% |
Saint Lucie Townhomes & Condos |
July 2020 | July 2019 | % Change Year-over-Year |
Closed Sales | 136 | 110 | 23.6% |
% Paid in Cash | 45.6% | 53.6% | -15.0% |
Median Sale Price | $229,000 | $168,500 | 35.9% |
Dollar Volume | $34,516,664 | $23,977,140 | 44.0% |
% of Original List Price Received |
95 | 94 | 0.4% |
Median Time to Contract | 59 | 58 | 1.7% |
Median Time to Sales | 100 | 98 | 2.0% |
Active Inventory | 468 | 552 | -15.2% |
Months Supply of Inventory | 5.2 | 5.5 | -5.5% |
Summary Reports
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Miami-Dade County_Single Family Homes_2020-07_Summary
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Miami-Dade County_Townhouses and Condos_2020-07_Summary
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Broward County_Single Family Homes_2020-07_Summary
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Broward County_Townhouses and Condos_2020-07_Summary
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Palm Beach County_Single Family Homes_2020-07_Summary
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Palm Beach County_Townhouses and Condos_2020-07_Summary
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Martin County_Single Family Homes_2020-07_Summary
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Martin County_Townhouses and Condos_2020-07_Summary
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St. Lucie County_Single Family Homes_2020-07_Summary
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St. Lucie County_Townhouses and Condos_2020-07_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2020-07_Detail
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Miami-Dade County_Townhouses and Condos_2020-07_Detail
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Broward County_Single Family Homes_2020-07_Detail
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Broward County_Townhouses and Condos_2020-07_Detail
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Palm Beach County_Single Family Homes_2020-07_Detail
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Palm Beach County_Townhouses and Condos_2020-07_Detail
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Martin County_Single Family Homes_2020-07_Detail
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Martin County_Townhouses and Condos_2020-07_Detail
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St. Lucie County_Single Family Homes_2020-07_Detail
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St. Lucie County_Townhouses and Condos_2020-07_Detail
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