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MARKET TRENDS

December 2023

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$585,400

Median Sale Price

Single Family Homes

​

+9.4% YoY

​

$332,175

Median Sale Price

Townhomes & Condos

​

+7.5% YoY

5,425

Closed Sales

All Property Types

​

-3.3% YoY

44.4%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

-2.2% YoY

​

95.5%

Median Percent of Original List Price

All Property Types 

​

+0.1% YoY

31 Days

Median Time to Contract

​

All Property Types

​

0.0% YoY

70 Days

Median Time to Sale

​

All Property Types

​

0.0% YoY

MORE MARKET TRENDS

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