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MARKET TRENDS

September 2023

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$600,000

Median Sale Price

Single Family Homes

​

+5.3% YoY

​

$330,000

Median Sale Price

Townhomes & Condos

​

+3.1% YoY

6,229

Closed Sales

All Property Types

​

-6.6% YoY

44.2%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+3.3% YoY

​

96.7%

Median Percent of Original List Price

All Property Types 

​

-0.2% YoY

25 Days

Median Time to Contract

​

All Property Types

​

+13.6% YoY

67 Days

Median Time to Sale

​

All Property Types

​

+4.7% YoY

MORE MARKET TRENDS

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