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MARKET TRENDS

October 2023

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$601,500

Median Sale Price

Single Family Homes

​

+7.4% YoY

​

$330,000

Median Sale Price

Townhomes & Condos

​

+3.1% YoY

6,141

Closed Sales

All Property Types

​

-1.6% YoY

45.9%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+9.5% YoY

​

96.4%

Median Percent of Original List Price

All Property Types 

​

0% YoY

27 Days

Median Time to Contract

​

All Property Types

​

0% YoY

67 Days

Median Time to Sale

​

All Property Types

​

-2.9% YoY

MORE MARKET TRENDS

Modern Apartment Building

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