South Florida Market Stats
November 2022
| Miami Single Family Homes | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 718 | 1,168 | -38.5% |
| % Paid in Cash | 24.8% | 24.9% | -0.5% |
| Median Sale Price | $550,000 | $502,750 | 9.4% |
| Dollar Volume | $641,930,054 | $1,072,323,280 | -40.1% |
| % of Original List Price Received | 95 | 98 | -3% |
| Median Time to Contract | 31 | 20 | 55.0% |
| Median Time to Sales | 74 | 66 | 12.1% |
| Active Inventory | 4,288 | 2,805 | 52.9% |
| Months Supply of Inventory | 4.0 | 2.1 | 90.5% |
| Miami Townhomes & Condos | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 1,073 | 1,853 | -42.1% |
| % Paid in Cash | 54.0% | 46.9% | 13.1% |
| Median Sale Price | $395,000 | $346,000 | 14.2% |
| Dollar Volume | $706,067,263 | $1,129,770,394 | -37.5% |
| % of Original List Price Received | 96 | 97 | -1% |
| Median Time to Contract | 35 | 36 | -2.8% |
| Median Time to Sales | 74 | 80 | -7.5% |
| Active Inventory | 6,890 | 7,179 | -4.0% |
| Months Supply of Inventory | 4.0 | 4 | 8.1% |
| Broward Single Family Homes | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 871 | 1,358 | -35.9% |
| % Paid in Cash | 27.7% | 23.7% | 16.7% |
| Median Sale Price | $540,000 | $485,000 | 11.3% |
| Dollar Volume | $603,466,253 | $955,911,138 | -36.9% |
| % of Original List Price Received | 95 | 100 | -5% |
| Median Time to Contract | 29 | 15 | 93.3% |
| Median Time to Sales | 68 | 58 | 17.2% |
| Active Inventory | 3,822 | 2,033 | 88.0% |
| Months Supply of Inventory | 3.0 | 1.3 | 130.8% |
| Broward Townhomes & Condos | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 1,049 | 1,596 | -34.3% |
| % Paid in Cash | 55.0% | 55.0% | 0.0% |
| Median Sale Price | $255,000 | $232,500 | 9.7% |
| Dollar Volume | $351,437,029 | $486,598,056 | -27.8% |
| % of Original List Price Received | 97 | 98 | -1.3% |
| Median Time to Contract | 25 | 21 | 19.0% |
| Median Time to Sales | 64 | 63 | 1.6% |
| Active Inventory | 4,113 | 3,307 | 24.4% |
| Months Supply of Inventory | 2.6 | 1.8 | 44.4% |
| Palm Beach Single Family Homes | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 920 | 1,491 | -38.30% |
| % Paid in Cash | 44.8% | 41.5% | 7.9% |
| Median Sale Price | $565,000 | $510,000 | 10.78% |
| Dollar Volume | $828,186,760 | $1,421,579,040 | -41.7% |
| % of Original List Price Received | 94 | 99 | -5% |
| Median Time to Contract | 32 | 13 | 146.15% |
| Median Time to Sales | 75 | 55 | 36.36% |
| Active Inventory | 4,322 | 2,027 | 113.22% |
| Months Supply of Inventory | 3.3 | 1.2 | 175.0% |
| Palm Beach Townhomes & Condos | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 726 | 1,302 | -44.2% |
| % Paid in Cash | 62.5% | 59.2% | 5.6% |
| Median Sale Price | $291,000 | $262,750 | 10.8% |
| Dollar Volume | $312,917,616 | $569,553,390 | -45.1% |
| % of Original List Price Received | 95 | 98 | -3% |
| Median Time to Contract | 29 | 15 | 93.3% |
| Median Time to Sales | 71 | 56 | 26.8% |
| Active Inventory | 3,334 | 1,846 | 80.6% |
| Months Supply of Inventory | 2.8 | 1.2 | 133.3% |
| Martin Single Family Homes | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 106 | 194 | -45.4% |
| % Paid in Cash | 46.2% | 45.9% | 0.8% |
| Median Sale Price | $527,500 | $549,500 | -4.0% |
| Dollar Volume | $69,980,246 | $137,688,396 | -49.2% |
| % of Original List Price Received | 95 | 98 | -3% |
| Median Time to Contract | 34 | 12 | 183.3% |
| Median Time to Sales | 75 | 53 | 41.5% |
| Active Inventory | 520 | 231 | 125.1% |
| Months Supply of Inventory | 3.1 | 1.0 | 210.0% |
| Martin Townhomes & Condos | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 56 | 76 | -26.3% |
| % Paid in Cash | 67.9% | 56.6% | 19.9% |
| Median Sale Price | $310,000 | $217,500 | 42.5% |
| Dollar Volume | $18,553,360 | $22,263,744 | -16.7% |
| % of Original List Price Received | 96 | 100 | -4.2% |
| Median Time to Contract | 19 | 11 | 72.7% |
| Median Time to Sales | 57 | 47 | 21.3% |
| Active Inventory | 286 | 151 | 89.4% |
| Months Supply of Inventory | 3.0 | 1.3 | 130.8% |
| Saint Lucie Single Family Homes | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 392 | 592 | -33.8% |
| % Paid in Cash | 30.1% | 25.7% | 17.2% |
| Median Sale Price | $388,980 | $335,000 | 16.1% |
| Dollar Volume | $162,415,400 | $217,774,896 | -25.4% |
| % of Original List Price Received | 96 | 100 | -3.8% |
| Median Time to Contract | 29 | 9 | 222.2% |
| Median Time to Sales | 76 | 53 | 43.4% |
| Active Inventory | 1,824 | 704 | 159.1% |
| Months Supply of Inventory | 3.2 | 1.2 | 166.7% |
| Saint Lucie Townhomes & Condos | November 2022 | November 2021 | % Change Year-over-Year |
| Closed Sales | 70 | 116 | -39.7% |
| % Paid in Cash | 60.0% | 52.6% | 14.1% |
| Median Sale Price | $277,500 | $225,500 | 23.1% |
| Dollar Volume | $26,779,760 | $33,486,648 | -20.0% |
| % of Original List Price Received | 94 | 99 | -5.4% |
| Median Time to Contract | 32 | 9 | 255.6% |
| Median Time to Sales | 71 | 51 | 39.2% |
| Active Inventory | 306 | 169 | 81.1% |
| Months Supply of Inventory | 3.1 | 1.2 | 158.3% |
Summary Reports
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Broward County_Townhouses and Condos_2022-11_Summary
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Broward County_Single Family Homes_2022-11_Summary
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Miami-Dade County_Single Family Homes_2022-11_Summary
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Martin County_Townhouses and Condos_2022-11_Summary
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Palm Beach County_Single Family Homes_2022-11_Summary
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Martin County_Single Family Homes_2022-11_Summary
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Palm Beach County_Townhouses and Condos_2022-11_Summary
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Miami-Dade County_Townhouses and Condos_2022-11_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2022-11_Detail
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Miami-Dade County_Townhouses and Condos_2022-11_Detail
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Broward County_Townhouses and Condos_2022-11_Detail
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Broward County_Single Family Homes_2022-11_Detail
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Palm Beach County_Single Family Homes_2022-11_Detail
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Palm Beach County_Townhouses and Condos_2022-11_Detail
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Martin County_Townhouses and Condos_2022-11_Detail
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Martin County_Single Family Homes_2022-11_Detail
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