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MARKET TRENDS
August 2023
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
$607,500
Median Sale Price
Single Family Homes
​
+8.5% YoY
​
$330,000
Median Sale Price
Townhomes & Condos
​
+6% YoY
6,935
Closed Sales
All Property Types
​
-8.2% YoY
42.6%
Cash Sales as a Percentage of Closed Sales
All Property Types
​
-0.7% YoY
​
96.5%
Median Percent of Original List Price
All Property Types
​
-1.3% YoY
26 Days
Median Time to Contract
​
All Property Types
​
+36.8% YoY
68 Days
Median Time to Sale
​
All Property Types
​
+15.3% YoY
MORE MARKET TRENDS
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