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MARKET TRENDS

January 2023

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$555,000

Median Sale Price

Single Family Homes

​

+7.8% YoY

​

$315,000

Median Sale Price

Townhomes & Condos

​

+8.6% YoY

4,463

Closed Sales

All Property Types

​

-40.9% YoY

47.9%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+7.6% YoY

​

94.7%

Median Percent of Original List Price

All Property Types 

​

-3.7% YoY

37 Days

Median Time to Contract

​

All Property Types

​

+76.2% YoY

78 Days

Median Time to Sale

​

All Property Types

​

+14.7% YoY

MORE MARKET TRENDS

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