South Florida Market Stats
September 2022
| Miami Single Family Homes | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 869 | 1,241 | -30.0% |
| % Paid in Cash | 24.3% | 24.9% | -2.5% |
| Median Sale Price | $568,000 | $485,000 | 17.1% |
| Dollar Volume | $759,560,747 | $1,188,992,172 | -36.1% |
| % of Original List Price Received | 97 | 99 | -2% |
| Median Time to Contract | 24 | 18 | 33.3% |
| Median Time to Sales | 68 | 66 | 3.0% |
| Active Inventory | 3,912 | 2,957 | 32.3% |
| Months Supply of Inventory | 3.5 | 2.2 | 59.1% |
| Miami Townhomes & Condos | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 1,309 | 1,790 | -26.9% |
| % Paid in Cash | 49.6% | 46.0% | 7.3% |
| Median Sale Price | $395,000 | $330,000 | 19.7% |
| Dollar Volume | $832,848,632 | $982,903,320 | -15.3% |
| % of Original List Price Received | 97 | 97 | 0% |
| Median Time to Contract | 28 | 35 | -20.0% |
| Median Time to Sales | 71 | 82 | -13.4% |
| Active Inventory | 6,399 | 8,049 | -20.5% |
| Months Supply of Inventory | 3.5 | 4 | -18.6% |
| Broward Single Family Homes | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 1,033 | 1,489 | -30.6% |
| % Paid in Cash | 25.1% | 22.7% | 10.5% |
| Median Sale Price | $565,000 | $499,450 | 13.1% |
| Dollar Volume | $751,974,416 | $991,376,200 | -24.1% |
| % of Original List Price Received | 97 | 100 | -3% |
| Median Time to Contract | 22 | 13 | 69.2% |
| Median Time to Sales | 61 | 56 | 8.9% |
| Active Inventory | 3,531 | 2,323 | 52.0% |
| Months Supply of Inventory | 2.7 | 1.5 | 80.0% |
| Broward Townhomes & Condos | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 1,315 | 1,647 | -20.2% |
| % Paid in Cash | 52.2% | 53.5% | -2.3% |
| Median Sale Price | $265,000 | $213,000 | 24.4% |
| Dollar Volume | $473,510,460 | $466,497,927 | 1.5% |
| % of Original List Price Received | 98 | 98 | 0.2% |
| Median Time to Contract | 18 | 19 | -5.3% |
| Median Time to Sales | 58 | 64 | -9.4% |
| Active Inventory | 3,624 | 3,712 | -2.4% |
| Months Supply of Inventory | 2.2 | 2.0 | 10.0% |
| Palm Beach Single Family Homes | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 1,170 | 1,450 | -19.31% |
| % Paid in Cash | 41.5% | 38.8% | 7.0% |
| Median Sale Price | $580,000 | $469,900 | 23.43% |
| Dollar Volume | $1,006,558,020 | $1,151,640,750 | -12.6% |
| % of Original List Price Received | 95 | 99 | -4% |
| Median Time to Contract | 22 | 14 | 57.14% |
| Median Time to Sales | 67 | 57 | 17.54% |
| Active Inventory | 3,977 | 2,370 | 67.81% |
| Months Supply of Inventory | 2.9 | 1.4 | 107.1% |
| Palm Beach Townhomes & Condos | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 939 | 1,380 | -32.0% |
| % Paid in Cash | 57.3% | 58.0% | -1.3% |
| Median Sale Price | $290,000 | $246,500 | 17.6% |
| Dollar Volume | $370,941,621 | $488,779,440 | -24.1% |
| % of Original List Price Received | 97 | 98 | -1% |
| Median Time to Contract | 20 | 17 | 17.6% |
| Median Time to Sales | 62 | 60 | 3.3% |
| Active Inventory | 2,806 | 2,032 | 38.1% |
| Months Supply of Inventory | 2.2 | 1.4 | 57.1% |
| Martin Single Family Homes | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 160 | 189 | -15.3% |
| % Paid in Cash | 37.5% | 37.6% | -0.2% |
| Median Sale Price | $551,000 | $455,000 | 21.1% |
| Dollar Volume | $121,386,560 | $121,260,888 | 0.1% |
| % of Original List Price Received | 96 | 98 | -2% |
| Median Time to Contract | 17 | 16 | 6.3% |
| Median Time to Sales | 61 | 56 | 8.9% |
| Active Inventory | 486 | 290 | 67.6% |
| Months Supply of Inventory | 2.7 | 1.2 | 125.0% |
| Martin Townhomes & Condos | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 84 | 118 | -28.8% |
| % Paid in Cash | 52.4% | 57.6% | -9.1% |
| Median Sale Price | $299,000 | $236,450 | 26.5% |
| Dollar Volume | $27,274,380 | $36,837,594 | -26.0% |
| % of Original List Price Received | 97 | 100 | -2.9% |
| Median Time to Contract | 15 | 10 | 50.0% |
| Median Time to Sales | 56 | 50 | 12.0% |
| Active Inventory | 217 | 117 | 85.5% |
| Months Supply of Inventory | 2.3 | 1.0 | 130.0% |
| Saint Lucie Single Family Homes | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 500 | 615 | -18.7% |
| % Paid in Cash | 28.6% | 27.3% | 4.7% |
| Median Sale Price | $392,590 | $330,000 | 19.0% |
| Dollar Volume | $207,368,000 | $219,911,085 | -5.7% |
| % of Original List Price Received | 98 | 100 | -2.3% |
| Median Time to Contract | 22 | 9 | 144.4% |
| Median Time to Sales | 65 | 51 | 27.5% |
| Active Inventory | 1,681 | 727 | 131.2% |
| Months Supply of Inventory | 2.8 | 1.2 | 133.3% |
| Saint Lucie Townhomes & Condos | September 2022 | September 2021 | % Change Year-over-Year |
| Closed Sales | 87 | 98 | -11.2% |
| % Paid in Cash | 58.6% | 53.1% | 10.5% |
| Median Sale Price | $275,000 | $247,000 | 11.3% |
| Dollar Volume | $27,718,896 | $32,036,004 | -13.5% |
| % of Original List Price Received | 96 | 99 | -2.2% |
| Median Time to Contract | 21 | 9 | 133.3% |
| Median Time to Sales | 54 | 44 | 22.7% |
| Active Inventory | 240 | 175 | 37.1% |
| Months Supply of Inventory | 2.2 | 1.2 | 83.3% |
Summary Reports
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Miami-Dade County_Single Family Homes_2022-09_Summary
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Miami-Dade County_Townhouses and Condos_2022-Q3_Summary
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Miami-Dade County_Townhouses and Condos_2022-09_Summary
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Broward County_Single Family Homes_2022-09_Summary
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Broward County_Townhouses and Condos_2022-09_Summary
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Palm Beach County_Single Family Homes_2022-09_Summary
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Palm Beach County_Townhouses and Condos_2022-09_Summary
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Martin County_Single Family Homes_2022-09_Summary
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Martin County_Townhouses and Condos_2022-09_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2022-09_Detail
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Miami-Dade County_Townhouses and Condos_2022-09_Detail
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Broward County_Single Family Homes_2022-09_Detail
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Broward County_Townhouses and Condos_2022-09_Detail
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Palm Beach County_Single Family Homes_2022-09_Detail
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Palm Beach County_Townhouses and Condos_2022-09_Detail
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Martin County_Single Family Homes_2022-09_Detail
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Martin County_Townhouses and Condos_2022-09_Detail
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