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MARKET TRENDS
May 2023
Miami - Fort Lauderdale - West Palm Beach
(Metro Miami)
$610,000
Median Sale Price
Single Family Homes
​
+3.2% YoY
​
$330,000
Median Sale Price
Townhomes & Condos
​
+1.5% YoY
8,010
Closed Sales
All Property Types
​
-15% YoY
44.9%
Cash Sales as a Percentage of Closed Sales
All Property Types
​
-8.7% YoY
​
96.1%
Median Percent of Original List Price
All Property Types
​
-3.9% YoY
28 Days
Median Time to Contract
​
All Property Types
​
+115.4% YoY
71 Days
Median Time to Sale
​
All Property Types
​
+29.1% YoY
MORE MARKET TRENDS
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