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MARKET TRENDS
February 2023
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
$552,000
Median Sale Price
Single Family Homes
​
+4.2% YoY
​
$320,000
Median Sale Price
Townhomes & Condos
​
+6.7% YoY
5,356
Closed Sales
All Property Types
​
-33.9% YoY
46.8%
Cash Sales as a Percentage of Closed Sales
All Property Types
​
-2.7% YoY
​
95.2%
Median Percent of Original List Price
All Property Types
​
-3.7% YoY
39 Days
Median Time to Contract
​
All Property Types
​
+95% YoY
78 Days
Median Time to Sale
​
All Property Types
​
+21.9% YoY
MORE MARKET TRENDS
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