South Florida Market Stats
March 2021
| Miami Single Family Homes | March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 1,550 | 1,100 | 40.9% |
| % Paid in Cash | 22.7% | 17.0% | 33.6% |
| Median Sale Price | $491,250 | $382,750 | 28.3% |
| Dollar Volume | $1,591,171,100 | $641,180,100 | 148.2% |
| % of Original List Price Received |
97 | 96 | 1% |
| Median Time to Contract | 28 | 52 | -46.2% |
| Median Time to Sales | 76 | 94 | -19.1% |
| Active Inventory | 2,784 | 6,216 | -55.2% |
| Months Supply of Inventory | 2.4 | 5.5 | -56.4% |
| Miami Townhomes & Condos | March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 2,201 | 1,223 | 80.0% |
| % Paid in Cash | 45.8% | 46.2% | -1.0% |
| Median Sale Price | $305,000 | $269,000 | 13.4% |
| Dollar Volume | $1,357,222,439 | $557,807,854 | 143.3% |
| % of Original List Price Received |
95 | 94 | 1% |
| Median Time to Contract | 62 | 84 | -26.2% |
| Median Time to Sales | 104 | 126 | -17.5% |
| Active Inventory | 10,672 | 14,836 | -28.1% |
| Months Supply of Inventory | 8.7 | 13 | -30.4% |
| Broward Single Family Homes | March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 1,870 | 1,342 | 39.3% |
| % Paid in Cash | 21.9% | 18.0% | 21.8% |
| Median Sale Price | $445,000 | $390,000 | 14.1% |
| Dollar Volume | $1,239,131,190 | $673,832,962 | 83.9% |
| % of Original List Price Received |
99 | 96 | 2% |
| Median Time to Contract | 16 | 43 | -62.8% |
| Median Time to Sales | 60 | 82 | -26.8% |
| Active Inventory | 2,209 | 4,924 | -55.1% |
| Months Supply of Inventory | 1.6 | 3.7 | -56.8% |
| Broward Townhomes & Condos | March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 2,151 | 1,493 | 44.1% |
| % Paid in Cash | 50.5% | 52.1% | -3.0% |
| Median Sale Price | $210,000 | $180,000 | 16.7% |
| Dollar Volume | $628,922,286 | $352,227,067 | 78.6% |
| % of Original List Price Received |
96 | 95 | 1.2% |
| Median Time to Contract | 40 | 51 | -21.6% |
| Median Time to Sales | 82 | 93 | -11.8% |
| Active Inventory | 5,658 | 8,190 | -30.9% |
| Months Supply of Inventory | 4.1 | 5.9 | -30.5% |
| Palm Beach Single Family Homes | March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 1,723 | 1,554 | 10.88% |
| % Paid in Cash | 39.2% | 32.8% | 19.4% |
| Median Sale Price | $440,000 | $370,000 | 18.92% |
| Dollar Volume | $1,801,565,354 | $949,494,000 | 89.7% |
| % of Original List Price Received |
98 | 95 | 2% |
| Median Time to Contract | 18 | 44 | -59.09% |
| Median Time to Sales | 63 | 88 | -28.41% |
| Active Inventory | 2,718 | 6,265 | -56.62% |
| Months Supply of Inventory | 1.8 | 4.2 | -57.1% |
| Palm Beach Townhomes & Condos |
March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 1,639 | 1,282 | 27.8% |
| % Paid in Cash | 59.7% | 57.2% | 4.4% |
| Median Sale Price | $245,000 | $199,000 | 23.1% |
| Dollar Volume | $686,103,429 | $456,067,654 | 50.4% |
| % of Original List Price Received |
96 | 94 | 1% |
| Median Time to Contract | 36 | 48 | -25.0% |
| Median Time to Sales | 76 | 89 | -14.6% |
| Active Inventory | 3,921 | 6,201 | -36.8% |
| Months Supply of Inventory | 3.4 | 5.4 | -37.0% |
| Martin Single Family Homes | March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 297 | 222 | 33.8% |
| % Paid in Cash | 48.5% | 46.4% | 4.5% |
| Median Sale Price | $489,000 | $375,000 | 30.4% |
| Dollar Volume | $250,432,479 | $109,570,764 | 128.6% |
| % of Original List Price Received |
98 | 96 | 2% |
| Median Time to Contract | 21 | 51 | -58.8% |
| Median Time to Sales | 64 | 94 | -31.9% |
| Active Inventory | 340 | 969 | -64.9% |
| Months Supply of Inventory | 1.5 | 4.7 | -68.1% |
| Martin Townhomes & Condos | March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 134 | 119 | 12.6% |
| % Paid in Cash | 60.4% | 65.5% | -7.8% |
| Median Sale Price | $212,250 | $174,000 | 22.0% |
| Dollar Volume | $40,576,942 | $30,409,855 | 33.4% |
| % of Original List Price Received |
95 | 95 | 0.3% |
| Median Time to Contract | 32 | 39 | -17.9% |
| Median Time to Sales | 72 | 77 | -6.5% |
| Active Inventory | 211 | 438 | -51.8% |
| Months Supply of Inventory | 2.0 | 4.7 | -57.4% |
| Saint Lucie Single Family Homes |
March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 616 | 572 | 7.7% |
| % Paid in Cash | 26.1% | 27.4% | -4.8% |
| Median Sale Price | $281,153 | $242,743 | 15.8% |
| Dollar Volume | $188,664,784 | $147,932,356 | 27.5% |
| % of Original List Price Received |
100 | 97 | 3.0% |
| Median Time to Contract | 11 | 42 | -73.8% |
| Median Time to Sales | 56 | 84 | -33.3% |
| Active Inventory | 765 | 1,888 | -59.5% |
| Months Supply of Inventory | 1.4 | 3.8 | -63.2% |
| Saint Lucie Townhomes & Condos |
March 2021 | March 2020 | % Change Year-over-Year |
| Closed Sales | 157 | 97 | 61.9% |
| % Paid in Cash | 53.5% | 58.8% | -9.0% |
| Median Sale Price | $260,000 | $196,000 | 32.7% |
| Dollar Volume | $51,024,372 | $23,819,223 | 114.2% |
| % of Original List Price Received |
98 | 95 | 2.4% |
| Median Time to Contract | 15 | 70 | -78.6% |
| Median Time to Sales | 62 | 92 | -32.6% |
| Active Inventory | 236 | 618 | -61.8% |
| Months Supply of Inventory | 2.0 | 6.3 | -68.3% |
Summary Reports
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Miami-Dade County_Single Family Homes_2021-03_Summary
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Miami-Dade County_Townhouses and Condos_2021-03_Summary
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Broward County_Single Family Homes_2021-03_Summary
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Broward County_Townhouses and Condos_2021-03_Summary
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Palm Beach County_Single Family Homes_2021-03_Summary
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Palm Beach County_Townhouses and Condos_2021-03_Summary
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Martin County_Single Family Homes_2021-03_Summary
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Martin County_Townhouses and Condos_2021-03_Summary
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St. Lucie County_Single Family Homes_2021-03_Summary
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St. Lucie County_Townhouses and Condos_2021-03_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2021-03_Detail
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Miami-Dade County_Townhouses and Condos_2021-03_Detail
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Broward County_Single Family Homes_2021-03_Detail
-
Broward County_Townhouses and Condos_2021-03_Detail
-
Palm Beach County_Single Family Homes_2021-03_Detail
-
Palm Beach County_Townhouses and Condos_2021-03_Detail
-
Martin County_Single Family Homes_2021-03_Detail
-
Martin County_Townhouses and Condos_2021-03_Detail
-
St. Lucie County_Single Family Homes_2021-03_Detail
-
St. Lucie County_Townhouses and Condos_2021-03_Detail
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