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MARKET TRENDS

May 2022

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$591,000

Median Sale Price

Single Family Homes

​

+24% YoY

​

$325,000

Median Sale Price

Townhomes & Condos

​

+23.6% YoY

9,418

Closed Sales

All Property Types

​

-14.8% YoY

49.2%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+12.3% YoY

​

100%

Median Percent of Original List Price

All Property Types 

​

+2.6% YoY

13 Days

Median Time to Contract

​

All Property Types

​

-40.9% YoY

55 Days

Median Time to Sale

​

All Property Types

​

-20.3% YoY

MARKET TRENDS

January 2022

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$515,000

Median Sale Price

Single Family Homes

​

+18.4% YoY

​

$290,000

Median Sale Price

Townhomes & Condos

​

+23.4% YoY

7,549

Closed Sales

Single/Townhome/Condo

​

+11.9% YoY

Modern Apartment Building

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