Market Snapshot
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Miami Single Family Homes | April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 1,246 | 1,584 | -21.3% |
% Paid in Cash | 28.5% | 24.7% | 15.4% |
Median Sale Price | $565,000 | $515,000 | 9.7% |
Dollar Volume | $1,260,011,270 | $1,762,968,240 | -28.5% |
% of Original List Price Received |
100 | 98 | 2% |
Median Time to Contract | 14 | 20 | -30.0% |
Median Time to Sales | 59 | 70 | -15.7% |
Active Inventory | 2,366 | 2,744 | -13.8% |
Months Supply of Inventory | 1.9 | 2.2 | -13.6% |
Miami Townhomes & Condos | April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 2,199 | 2,376 | -7.4% |
% Paid in Cash | 52.4% | 46.5% | 11.3% |
Median Sale Price | $390,000 | $325,000 | 20.0% |
Dollar Volume | $1,547,117,445 | $1,656,342,864 | -6.6% |
% of Original List Price Received |
99 | 95 | 4% |
Median Time to Contract | 25 | 53 | -52.8% |
Median Time to Sales | 69 | 95 | -27.4% |
Active Inventory | 4,711 | 9,709 | -51.5% |
Months Supply of Inventory | 2.3 | 7 | -67.6% |
Broward Single Family Homes | April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 1,509 | 1,782 | -15.3% |
% Paid in Cash | 28.5% | 24.4% | 16.7% |
Median Sale Price | $560,000 | $464,000 | 20.7% |
Dollar Volume | $1,172,953,245 | $1,228,852,944 | -4.5% |
% of Original List Price Received |
101 | 100 | 1% |
Median Time to Contract | 12 | 14 | -14.3% |
Median Time to Sales | 50 | 58 | -13.8% |
Active Inventory | 1,765 | 2,022 | -12.7% |
Months Supply of Inventory | 1.2 | 1.4 | -14.3% |
Broward Townhomes & Condos | April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 1,980 | 2,224 | -11.0% |
% Paid in Cash | 59.0% | 50.7% | 16.4% |
Median Sale Price | $245,000 | $220,000 | 11.4% |
Dollar Volume | $682,678,260 | $640,334,080 | 6.6% |
% of Original List Price Received |
100 | 96 | 4.2% |
Median Time to Contract | 13 | 36 | -63.9% |
Median Time to Sales | 56 | 79 | -29.1% |
Active Inventory | 2,377 | 4,927 | -51.8% |
Months Supply of Inventory | 1.3 | 3.3 | -60.6% |
Palm Beach Single Family Homes | April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 1,484 | 1,989 | -25.39% |
% Paid in Cash | 50.3% | 41.7% | 20.5% |
Median Sale Price | $601,000 | $466,000 | 28.97% |
Dollar Volume | $1,611,304,940 | $2,059,394,688 | -21.8% |
% of Original List Price Received |
100 | 99 | 2% |
Median Time to Contract | 9 | 13 | -30.77% |
Median Time to Sales | 52 | 60 | -13.33% |
Active Inventory | 2,155 | 2,211 | -2.53% |
Months Supply of Inventory | 1.4 | 1.4 | 0.0% |
Palm Beach Townhomes & Condos |
April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 1,472 | 2,017 | -27.0% |
% Paid in Cash | 66.0% | 60.1% | 9.8% |
Median Sale Price | $293,500 | $240,250 | 22.2% |
Dollar Volume | $783,913,600 | $857,364,173 | -8.6% |
% of Original List Price Received |
100 | 96 | 4% |
Median Time to Contract | 10 | 28 | -64.3% |
Median Time to Sales | 51 | 72 | -29.2% |
Active Inventory | 1,650 | 2,774 | -40.5% |
Months Supply of Inventory | 1.1 | 2.2 | -50.0% |
Martin Single Family Homes | April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 194 | 286 | -32.2% |
% Paid in Cash | 59.3% | 43.4% | 36.7% |
Median Sale Price | $619,900 | $490,000 | 26.5% |
Dollar Volume | $186,214,198 | $296,096,944 | -37.1% |
% of Original List Price Received |
100 | 99 | 1% |
Median Time to Contract | 8 | 12 | -33.3% |
Median Time to Sales | 47 | 56 | -16.1% |
Active Inventory | 268 | 285 | -6.0% |
Months Supply of Inventory | 1.3 | 1.2 | 8.3% |
Martin Townhomes & Condos | April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 124 | 165 | -24.8% |
% Paid in Cash | 61.3% | 57.0% | 7.6% |
Median Sale Price | $252,000 | $205,000 | 22.9% |
Dollar Volume | $42,335,956 | $56,269,785 | -24.8% |
% of Original List Price Received |
100 | 98 | 2.6% |
Median Time to Contract | 7 | 16 | -56.3% |
Median Time to Sales | 44 | 62 | -29.0% |
Active Inventory | 117 | 173 | -32.4% |
Months Supply of Inventory | 1.1 | 1.6 | -31.3% |
Saint Lucie Single Family Homes |
April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 665 | 694 | -4.2% |
% Paid in Cash | 26.9% | 28.8% | -6.6% |
Median Sale Price | $380,000 | $295,000 | 28.8% |
Dollar Volume | $270,809,945 | $227,091,374 | 19.3% |
% of Original List Price Received |
100 | 100 | 0.0% |
Median Time to Contract | 8 | 9 | -11.1% |
Median Time to Sales | 51 | 56 | -8.9% |
Active Inventory | 678 | 584 | 16.1% |
Months Supply of Inventory | 1.1 | 1.0 | 10.0% |
Saint Lucie Townhomes & Condos |
April 2022 | April 2021 | % Change Year-over-Year |
Closed Sales | 146 | 210 | -30.5% |
% Paid in Cash | 60.3% | 49.0% | 22.9% |
Median Sale Price | $285,000 | $261,000 | 9.2% |
Dollar Volume | $56,469,588 | $60,328,170 | -6.4% |
% of Original List Price Received |
100 | 99 | 1.5% |
Median Time to Contract | 11 | 18 | -38.9% |
Median Time to Sales | 55 | 62 | -11.3% |
Active Inventory | 149 | 178 | -16.3% |
Months Supply of Inventory | 1.2 | 1.4 | -14.3% |
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