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MARKET TRENDS

December 2022

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$535,000

Median Sale Price

Single Family Homes

​

+3.9% YoY

​

$309,000

Median Sale Price

Townhomes & Condos

​

+7.3% YoY

5,612

Closed Sales

All Property Types

​

-42.9% YoY

45.4%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+5.3% YoY

​

95.4%

Median Percent of Original List Price

All Property Types 

​

-3.1% YoY

31 Days

Median Time to Contract

​

All Property Types

​

+55% YoY

70 Days

Median Time to Sale

​

All Property Types

​

+11.1% YoY

MORE MARKET TRENDS

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