South Florida Market Stats
February 2022
| Miami Single Family Homes | February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 1,007 | 1,093 | -7.9% |
| % Paid in Cash | 27.5% | 20.5% | 34.2% |
| Median Sale Price | $536,000 | $450,000 | 19.1% |
| Dollar Volume | $964,361,606 | $1,020,073,947 | -5.5% |
| % of Original List Price Received |
99 | 97 | 2% |
| Median Time to Contract | 25 | 30 | -16.7% |
| Median Time to Sales | 73 | 79 | -7.6% |
| Active Inventory | 2,212 | 3,128 | -29.3% |
| Months Supply of Inventory | 1.7 | 2.8 | -39.3% |
| Miami Townhomes & Condos | February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 1,807 | 1,392 | 29.8% |
| % Paid in Cash | 53.0% | 47.8% | 9.8% |
| Median Sale Price | $380,000 | $300,000 | 26.7% |
| Dollar Volume | $1,311,703,107 | $859,270,464 | 52.7% |
| % of Original List Price Received |
98 | 94 | 4% |
| Median Time to Contract | 38 | 60 | -36.7% |
| Median Time to Sales | 81 | 104 | -22.1% |
| Active Inventory | 5,272 | 11,735 | -55.1% |
| Months Supply of Inventory | 2.6 | 10 | -74.5% |
| Broward Single Family Homes | February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 1,198 | 1,243 | -3.6% |
| % Paid in Cash | 30.1% | 20.6% | 45.9% |
| Median Sale Price | $519,000 | $433,000 | 19.9% |
| Dollar Volume | $880,946,904 | $786,301,912 | 12.0% |
| % of Original List Price Received |
100 | 98 | 2% |
| Median Time to Contract | 15 | 22 | -31.8% |
| Median Time to Sales | 57 | 67 | -14.9% |
| Active Inventory | 1,639 | 2,338 | -29.9% |
| Months Supply of Inventory | 1.1 | 1.7 | -35.3% |
| Broward Townhomes & Condos | February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 1,489 | 1,451 | 2.6% |
| % Paid in Cash | 56.9% | 50.9% | 11.7% |
| Median Sale Price | $240,000 | $200,000 | 20.0% |
| Dollar Volume | $512,990,280 | $421,633,031 | 21.7% |
| % of Original List Price Received |
99 | 95 | 3.4% |
| Median Time to Contract | 23 | 46 | -50.0% |
| Median Time to Sales | 69 | 85 | -18.8% |
| Active Inventory | 2,671 | 6,466 | -58.7% |
| Months Supply of Inventory | 1.5 | 4.9 | -69.4% |
| Palm Beach Single Family Homes | February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 1,237 | 1,211 | 2.15% |
| % Paid in Cash | 45.7% | 41.0% | 11.5% |
| Median Sale Price | $535,000 | $450,000 | 18.89% |
| Dollar Volume | $1,257,765,519 | $1,024,114,847 | 22.8% |
| % of Original List Price Received |
100 | 97 | 4% |
| Median Time to Contract | 13 | 30 | -56.67% |
| Median Time to Sales | 55 | 73 | -24.66% |
| Active Inventory | 1,777 | 2,987 | -40.51% |
| Months Supply of Inventory | 1.1 | 2.0 | -45.0% |
| Palm Beach Townhomes & Condos |
February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 1,321 | 1,107 | 19.3% |
| % Paid in Cash | 64.6% | 58.3% | 10.8% |
| Median Sale Price | $275,000 | $236,000 | 16.5% |
| Dollar Volume | $658,636,069 | $482,573,403 | 36.5% |
| % of Original List Price Received |
100 | 95 | 4% |
| Median Time to Contract | 13 | 40 | -67.5% |
| Median Time to Sales | 53 | 82 | -35.4% |
| Active Inventory | 1,494 | 4,600 | -67.5% |
| Months Supply of Inventory | 1.0 | 4.1 | -75.6% |
| Martin Single Family Homes | February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 166 | 207 | -19.8% |
| % Paid in Cash | 34.3% | 38.2% | -10.0% |
| Median Sale Price | $522,500 | $419,900 | 24.4% |
| Dollar Volume | $168,145,550 | $148,890,132 | 12.9% |
| % of Original List Price Received |
100 | 96 | 4% |
| Median Time to Contract | 11 | 34 | -67.6% |
| Median Time to Sales | 51 | 81 | -37.0% |
| Active Inventory | 178 | 350 | -49.1% |
| Months Supply of Inventory | 0.8 | 1.5 | -46.7% |
| Martin Townhomes & Condos | February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 92 | 103 | -10.7% |
| % Paid in Cash | 72.8% | 65.0% | 12.0% |
| Median Sale Price | $267,500 | $208,500 | 28.3% |
| Dollar Volume | $32,181,968 | $25,567,175 | 25.9% |
| % of Original List Price Received |
100 | 96 | 4.0% |
| Median Time to Contract | 8 | 49 | -83.7% |
| Median Time to Sales | 43 | 86 | -50.0% |
| Active Inventory | 107 | 252 | -57.5% |
| Months Supply of Inventory | 0.9 | 2.5 | -64.0% |
| Saint Lucie Single Family Homes |
February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 543 | 445 | 22.0% |
| % Paid in Cash | 27.3% | 25.8% | 5.5% |
| Median Sale Price | $350,000 | $275,000 | 27.3% |
| Dollar Volume | $209,315,097 | $138,379,870 | 51.3% |
| % of Original List Price Received |
100 | 99 | 1.2% |
| Median Time to Contract | 11 | 16 | -31.3% |
| Median Time to Sales | 65 | 66 | -1.5% |
| Active Inventory | 611 | 907 | -32.6% |
| Months Supply of Inventory | 1.0 | 1.7 | -41.2% |
| Saint Lucie Townhomes & Condos |
February 2022 | February 2021 | % Change Year-over-Year |
| Closed Sales | 98 | 101 | -3.0% |
| % Paid in Cash | 57.1% | 65.3% | -12.6% |
| Median Sale Price | $285,000 | $255,000 | 11.8% |
| Dollar Volume | $34,939,940 | $28,956,094 | 20.7% |
| % of Original List Price Received |
100 | 96 | 4.1% |
| Median Time to Contract | 7 | 46 | -84.8% |
| Median Time to Sales | 44 | 77 | -42.9% |
| Active Inventory | 141 | 282 | -50.0% |
| Months Supply of Inventory | 1.1 | 2.5 | -56.0% |
Summary Reports
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Miami-Dade County_Single Family Homes_2022-02_Summary
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Miami-Dade County_Townhouses and Condos_2022-02_Summary
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Broward County_Single Family Homes_2022-02_Summary
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Broward County_Townhouses and Condos_2022-02_Summary
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Palm Beach County_Single Family Homes_2022-02_Summary
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Palm Beach County_Townhouses and Condos_2022-02_Summary
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Martin County_Townhouses and Condos_2022-02_Summary
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Martin County_Single Family Homes_2022-02_Summary
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St. Lucie County_Single Family Homes_2022-02_Summary
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St. Lucie County_Townhouses and Condos_2022-02_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2022-02_Detail
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Miami-Dade County_Townhouses and Condos_2022-02_Detail
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Broward County_Single Family Homes_2022-02_Detail
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Broward County_Townhouses and Condos_2022-02_Detail
-
Palm Beach County_Single Family Homes_2022-02_Detail
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Palm Beach County_Townhouses and Condos_2022-02_Detail
-
Martin County_Single Family Homes_2022-02_Detail
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Martin County_Townhouses and Condos_2022-02_Detail
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St. Lucie County_Single Family Homes_2022-02_Detail
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St. Lucie County_Townhouses and Condos_2022-02_Detail
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