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MARKET TRENDS
July 2023
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
$605,000
Median Sale Price
Single Family Homes
​
+1.7% YoY
​
$335,000
Median Sale Price
Townhomes & Condos
​
+7.3% YoY
6,421
Closed Sales
All Property Types
​
-10.9% YoY
42%
Cash Sales as a Percentage of Closed Sales
All Property Types
​
-5.8% YoY
​
96.6%
Median Percent of Original List Price
All Property Types
​
-2.9% YoY
25 Days
Median Time to Contract
​
All Property Types
​
+66.7% YoY
68 Days
Median Time to Sale
​
All Property Types
​
+19.3% YoY
MORE MARKET TRENDS
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