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MARKET TRENDS

August 2022

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$560,000

Median Sale Price

Single Family Homes

​

+13.1% YoY

​

$311,250

Median Sale Price

Townhomes & Condos

​

+15.3% YoY

7,556

Closed Sales

All Property Types

​

-23.2% YoY

42.9%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+2.6% YoY

​

97.8%

Median Percent of Original List Price

All Property Types 

​

-0.7% YoY

19 Days

Median Time to Contract

​

All Property Types

​

+5.6% YoY

59 Days

Median Time to Sale

​

All Property Types

​

-6.3% YoY

MORE MARKET TRENDS

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