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MARKET TRENDS

October 2022

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$560,000

Median Sale Price

Single Family Homes

​

+13.4% YoY

​

$310,000

Median Sale Price

Townhomes & Condos

​

+15.2% YoY

6,243

Closed Sales

All Property Types

​

-28.9% YoY

41.9%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+1% YoY

​

96.4%

Median Percent of Original List Price

All Property Types 

​

-1.7% YoY

27 Days

Median Time to Contract

​

All Property Types

​

+35% YoY

69 Days

Median Time to Sale

​

All Property Types

​

+7.8% YoY

MORE MARKET TRENDS

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