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MARKET TRENDS

January 2024

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$605,000

Median Sale Price

Single Family Homes

​

+9% YoY

​

$331,500

Median Sale Price

Townhomes & Condos

​

+5.2% YoY

4,449

Closed Sales

All Property Types

​

-.03% YoY

47.6%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

-0.6% YoY

​

95%

Median Percent of Original List Price

All Property Types 

​

+0.3% YoY

39 Days

Median Time to Contract

​

All Property Types

​

+5.4% YoY

81 Days

Median Time to Sale

​

All Property Types

​

3.8% YoY

MORE MARKET TRENDS

Modern Apartment Building

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