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MARKET TRENDS

April 2023

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$585,000

Median Sale Price

Single Family Homes

​

+1.7% YoY

​

$326,000

Median Sale Price

Townhomes & Condos

​

+5.8% YoY

7,096

Closed Sales

All Property Types

​

-28.7% YoY

45.1%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

-7.8% YoY

​

95.8%

Median Percent of Original List Price

All Property Types 

​

-4.2% YoY

30 Days

Median Time to Contract

​

All Property Types

​

+130.8% YoY

71 Days

Median Time to Sale

​

All Property Types

​

+26.8% YoY

MORE MARKET TRENDS

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