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MARKET TRENDS
June 2023
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
$623,500
Median Sale Price
Single Family Homes
​
+3.9% YoY
​
$340,000
Median Sale Price
Townhomes & Condos
​
+3% YoY
7,757
Closed Sales
All Property Types
​
-12.2% YoY
45.5%
Cash Sales as a Percentage of Closed Sales
All Property Types
​
-4.2% YoY
​
96.4%
Median Percent of Original List Price
All Property Types
​
-3.6% YoY
26 Days
Median Time to Contract
​
All Property Types
​
+85.7% YoY
70 Days
Median Time to Sale
​
All Property Types
​
+25% YoY
MORE MARKET TRENDS
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