MARKET TRENDS
July 2024
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
$641,750
Median Sale Price
Single Family Homes
​
+6.1% YoY
​
$335,000
Median Sale Price
Townhomes & Condos
​
+0% YoY
6,475
Closed Sales
All Property Types
​
+0.8% YoY
MARKET TRENDS
July 2024
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
39.4%
Cash Sales as a Percentage of Closed Sales
All Property Types
​
-6.2% YoY
​
94.9%
Median Percent of Original List Price
All Property Types
​
-1.8% YoY
40 Days
Median Time to Contract
​
All Property Types
​
+60% YoY
81 Days
Median Time to Sale
​
All Property Types
+19.1% YoY
MORE MARKET TRENDS
Elevation
Average Height Above Sea Level
6 ft
Broward County
15 ft
Palm Beach County
6 ft
Miami-Dade County
Highest and Lowest Points
85 ft
Hobe Mountain, Jupiter
0 ft
Atlantic Ocean Coast
Invest Smartly
Curated data to compare geographic, socioeconomic and market factors between municipalities across South Florida.