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MARKET TRENDS
March 2023
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
$570,000
Median Sale Price
Single Family Homes
​
+5.6% YoY
​
$325,000
Median Sale Price
Townhomes & Condos
​
+2.6% YoY
8,173
Closed Sales
All Property Types
​
-25.6% YoY
44.6%
Cash Sales as a Percentage of Closed Sales
All Property Types
​
-9.7% YoY
​
95.6%
Median Percent of Original List Price
All Property Types
​
-4.4% YoY
33 Days
Median Time to Contract
​
All Property Types
​
+120% YoY
73 Days
Median Time to Sale
​
All Property Types
​
+28.1% YoY
MORE MARKET TRENDS
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