South Florida Market Stats
May 2021
| Miami Single Family Homes | May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 1,360 | 734 | 85.3% |
| % Paid in Cash | 24.0% | 16.2% | 47.9% |
| Median Sale Price | $500,000 | $375,714 | 33.1% |
| Dollar Volume | $1,419,747,520 | $400,286,900 | 254.7% |
| % of Original List Price Received |
99 | 96 | 3% |
| Median Time to Contract | 18 | 44 | -59.1% |
| Median Time to Sales | 67 | 90 | -25.6% |
| Active Inventory | 2,794 | 5,665 | -50.7% |
| Months Supply of Inventory | 2.2 | 5.4 | -59.3% |
| Miami Townhomes & Condos | May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 2,176 | 563 | 286.5% |
| % Paid in Cash | 48.3% | 38.5% | 20.1% |
| Median Sale Price | $325,000 | $260,000 | 25.0% |
| Dollar Volume | $1,472,444,800 | $231,705,465 | 535.5% |
| % of Original List Price Received |
96 | 93 | 3% |
| Median Time to Contract | 49 | 60 | -18.3% |
| Median Time to Sales | 94 | 109 | -13.8% |
| Active Inventory | 8,964 | 14,705 | -39.0% |
| Months Supply of Inventory | 6.0 | 14 | -56.5% |
| Broward Single Family Homes | May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 1,634 | 814 | 100.7% |
| % Paid in Cash | 21.8% | 17.7% | 23.2% |
| Median Sale Price | $463,750 | $372,500 | 24.5% |
| Dollar Volume | $1,078,992,292 | $381,477,844 | 182.8% |
| % of Original List Price Received |
100 | 96 | 4% |
| Median Time to Contract | 12 | 33 | -63.6% |
| Median Time to Sales | 57 | 76 | -25.0% |
| Active Inventory | 2,214 | 4,762 | -53.5% |
| Months Supply of Inventory | 1.4 | 3.9 | -64.1% |
| Broward Townhomes & Condos | May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 2,071 | 715 | 189.7% |
| % Paid in Cash | 51.6% | 42.5% | 21.3% |
| Median Sale Price | $210,000 | $175,000 | 20.0% |
| Dollar Volume | $613,339,076 | $172,177,720 | 256.2% |
| % of Original List Price Received |
96 | 94 | 2.4% |
| Median Time to Contract | 33 | 49 | -32.7% |
| Median Time to Sales | 76 | 92 | -17.4% |
| Active Inventory | 4,472 | 8,234 | -45.7% |
| Months Supply of Inventory | 2.8 | 6.5 | -56.9% |
| Palm Beach Single Family Homes | May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 1,890 | 991 | 90.72% |
| % Paid in Cash | 44.2% | 31.8% | 39.0% |
| Median Sale Price | $475,000 | $365,000 | 30.14% |
| Dollar Volume | $1,859,106,060 | $649,850,232 | 186.1% |
| % of Original List Price Received |
100 | 95 | 5% |
| Median Time to Contract | 11 | 37 | -70.27% |
| Median Time to Sales | 58 | 84 | -30.95% |
| Active Inventory | 3,075 | 5,850 | -47.44% |
| Months Supply of Inventory | 1.8 | 4.3 | -58.1% |
| Palm Beach Townhomes & Condos |
May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 1,887 | 597 | 216.1% |
| % Paid in Cash | 62.3% | 53.3% | 16.9% |
| Median Sale Price | $250,000 | $200,000 | 25.0% |
| Dollar Volume | $909,101,877 | $205,307,106 | 342.8% |
| % of Original List Price Received |
97 | 93 | 5% |
| Median Time to Contract | 22 | 52 | -57.7% |
| Median Time to Sales | 67 | 94 | -28.7% |
| Active Inventory | 3,251 | 6,109 | -46.8% |
| Months Supply of Inventory | 2.4 | 5.9 | -59.3% |
| Martin Single Family Homes | May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 273 | 133 | 105.3% |
| % Paid in Cash | 46.5% | 30.1% | 54.7% |
| Median Sale Price | $469,900 | $365,000 | 28.7% |
| Dollar Volume | $262,638,285 | $69,260,415 | 279.2% |
| % of Original List Price Received |
99 | 95 | 5% |
| Median Time to Contract | 12 | 40 | -70.0% |
| Median Time to Sales | 59 | 88 | -33.0% |
| Active Inventory | 352 | 902 | -61.0% |
| Months Supply of Inventory | 1.4 | 4.8 | -70.8% |
| Martin Townhomes & Condos | May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 141 | 71 | 98.6% |
| % Paid in Cash | 66.0% | 67.6% | -2.4% |
| Median Sale Price | $227,500 | $172,500 | 31.9% |
| Dollar Volume | $44,043,042 | $18,655,747 | 136.1% |
| % of Original List Price Received |
99 | 95 | 4.7% |
| Median Time to Contract | 9 | 48 | -81.3% |
| Median Time to Sales | 52 | 79 | -34.2% |
| Active Inventory | 172 | 425 | -59.5% |
| Months Supply of Inventory | 1.5 | 4.9 | -69.4% |
| Saint Lucie Single Family Homes |
May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 656 | 396 | 65.7% |
| % Paid in Cash | 27.7% | 17.7% | 57.0% |
| Median Sale Price | $299,000 | $236,500 | 26.4% |
| Dollar Volume | $221,388,192 | $97,535,196 | 127.0% |
| % of Original List Price Received |
100 | 97 | 2.7% |
| Median Time to Contract | 9 | 38 | -76.3% |
| Median Time to Sales | 56 | 89 | -37.1% |
| Active Inventory | 881 | 1,571 | -43.9% |
| Months Supply of Inventory | 1.5 | 3.3 | -54.5% |
| Saint Lucie Townhomes & Condos |
May 2021 | May 2020 | % Change Year-over-Year |
| Closed Sales | 190 | 63 | 201.6% |
| % Paid in Cash | 48.4% | 46.0% | 5.2% |
| Median Sale Price | $236,450 | $168,500 | 40.3% |
| Dollar Volume | $53,704,260 | $13,420,197 | 300.2% |
| % of Original List Price Received |
99 | 95 | 4.4% |
| Median Time to Contract | 11 | 59 | -81.4% |
| Median Time to Sales | 54 | 98 | -44.9% |
| Active Inventory | 226 | 591 | -61.8% |
| Months Supply of Inventory | 1.6 | 6.6 | -75.8% |
Summary Reports
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Miami-Dade County_Single Family Homes_2021-05_Summary
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Miami-Dade County_Townhouses and Condos_2021-05_Summary
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Broward County_Single Family Homes_2021-05_Summary
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Broward County_Townhouses and Condos_2021-05_Summary
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Palm Beach County_Single Family Homes_2021-05_Summary
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Palm Beach County_Townhouses and Condos_2021-05_Summary
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Martin County_Single Family Homes_2021-05_Summary
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Martin County_Townhouses and Condos_2021-05_Summary
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St. Lucie County_Single Family Homes_2021-05_Summary
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St. Lucie County_Townhouses and Condos_2021-05_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2021-05_Detail
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Miami-Dade County_Townhouses and Condos_2021-05_Detail
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Broward County_Single Family Homes_2021-05_Detail
-
Broward County_Townhouses and Condos_2021-05_Detail
-
Palm Beach County_Single Family Homes_2021-05_Detail
-
Palm Beach County_Townhouses and Condos_2021-05_Detail
-
Martin County_Single Family Homes_2021-05_Detail
-
Martin County_Townhouses and Condos_2021-05_Detail
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St. Lucie County_Single Family Homes_2021-05_Detail
-
St. Lucie County_Townhouses and Condos_2021-05_Detail
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