South Florida Market Stats
August 2020
Miami Single Family Homes | August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 1,357 | 1,164 | 16.6% |
% Paid in Cash | 16.9% | 18.0% | -6.5% |
Median Sale Price | $416,000 | $370,000 | 12.4% |
Dollar Volume | $1,028,154,119 | $580,634,628 | 77.1% |
% of Original List Price Received |
96 | 96 | 0% |
Median Time to Contract | 51 | 49 | 4.1% |
Median Time to Sales | 100 | 98 | 2.0% |
Active Inventory | 4,164 | 6,385 | -34.8% |
Months Supply of Inventory | 4.0 | 5.9 | -32.2% |
Miami Townhomes & Condos | August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 1,170 | 1,210 | -3.3% |
% Paid in Cash | 39.0% | 44.7% | -14.7% |
Median Sale Price | $265,000 | $241,635 | 9.7% |
Dollar Volume | $490,799,790 | $449,085,450 | 9.3% |
% of Original List Price Received |
95 | 94 | 1% |
Median Time to Contract | 80 | 73 | 9.6% |
Median Time to Sales | 132 | 114 | 15.8% |
Active Inventory | 14,226 | 15,202 | -6.4% |
Months Supply of Inventory | 14.0 | 13 | 6.1% |
Broward Single Family Homes | August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 1,672 | 1,436 | 16.4% |
% Paid in Cash | 14.2% | 16.4% | -13.4% |
Median Sale Price | $416,000 | $369,750 | 12.5% |
Dollar Volume | $883,855,984 | $650,205,004 | 35.9% |
% of Original List Price Received |
97 | 96 | 1% |
Median Time to Contract | 27 | 43 | -37.2% |
Median Time to Sales | 71 | 84 | -15.5% |
Active Inventory | 3,492 | 5,436 | -35.8% |
Months Supply of Inventory | 2.8 | 4.2 | -33.3% |
Broward Townhomes & Condos | August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 1,417 | 1,459 | -2.9% |
% Paid in Cash | 42.4% | 47.2% | -10.2% |
Median Sale Price | $199,900 | $176,540 | 13.2% |
Dollar Volume | $344,448,611 | $314,312,370 | 9.6% |
% of Original List Price Received |
95 | 95 | 0.1% |
Median Time to Contract | 51 | 51 | 0.0% |
Median Time to Sales | 90 | 89 | 1.1% |
Active Inventory | 7,799 | 7,563 | 3.1% |
Months Supply of Inventory | 6.5 | 5.5 | 18.2% |
Palm Beach Single Family Homes | August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 1,814 | 1,566 | 15.84% |
% Paid in Cash | 29.4% | 28.7% | 2.4% |
Median Sale Price | $399,000 | $355,000 | 12.39% |
Dollar Volume | $1,179,618,804 | $801,743,454 | 47.1% |
% of Original List Price Received |
96 | 95 | 1% |
Median Time to Contract | 35 | 48 | -27.08% |
Median Time to Sales | 79 | 91 | -13.19% |
Active Inventory | 4,227 | 6,210 | -31.93% |
Months Supply of Inventory | 3.0 | 4.3 | -30.2% |
Palm Beach Townhomes & Condos |
August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 1,200 | 1,141 | 5.2% |
% Paid in Cash | 49.2% | 52.9% | -7.1% |
Median Sale Price | $215,000 | $182,500 | 17.8% |
Dollar Volume | $366,373,200 | $366,205,091 | 0.0% |
% of Original List Price Received |
95 | 94 | 1% |
Median Time to Contract | 44 | 58 | -24.1% |
Median Time to Sales | 87 | 97 | -10.3% |
Active Inventory | 5,321 | 5,275 | 0.9% |
Months Supply of Inventory | 5.2 | 4.7 | 10.6% |
Martin Single Family Homes | August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 248 | 199 | 24.6% |
% Paid in Cash | 32.3% | 32.7% | -1.2% |
Median Sale Price | $425,000 | $369,000 | 15.2% |
Dollar Volume | $163,560,216 | $83,359,906 | 96.2% |
% of Original List Price Received |
96 | 95 | 1% |
Median Time to Contract | 37 | 59 | -37.3% |
Median Time to Sales | 79 | 102 | -22.5% |
Active Inventory | 559 | 947 | -41.0% |
Months Supply of Inventory | 2.8 | 4.9 | -42.9% |
Martin Townhomes & Condos | August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 109 | 83 | 31.3% |
% Paid in Cash | 47.7% | 62.7% | -23.9% |
Median Sale Price | $181,000 | $143,000 | 26.6% |
Dollar Volume | $22,895,886 | $14,007,163 | 63.5% |
% of Original List Price Received |
95 | 95 | 0.0% |
Median Time to Contract | 59 | 52 | 13.5% |
Median Time to Sales | 92 | 101 | -8.9% |
Active Inventory | 318 | 360 | -11.7% |
Months Supply of Inventory | 3.6 | 3.9 | -7.7% |
Saint Lucie Single Family Homes |
August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 657 | 525 | 25.1% |
% Paid in Cash | 20.4% | 21.1% | -3.5% |
Median Sale Price | $252,900 | $235,000 | 7.6% |
Dollar Volume | $179,902,368 | $126,156,450 | 42.6% |
% of Original List Price Received |
98 | 97 | 1.4% |
Median Time to Contract | 26 | 38 | -31.6% |
Median Time to Sales | 75 | 88 | -14.8% |
Active Inventory | 948 | 1,733 | -45.3% |
Months Supply of Inventory | 1.9 | 3.7 | -48.6% |
Saint Lucie Townhomes & Condos |
August 2020 | August 2019 | % Change Year-over-Year |
Closed Sales | 136 | 94 | 44.7% |
% Paid in Cash | 45.6% | 40.4% | 12.8% |
Median Sale Price | $241,500 | $178,200 | 35.5% |
Dollar Volume | $37,819,696 | $19,998,688 | 89.1% |
% of Original List Price Received |
96 | 95 | 0.6% |
Median Time to Contract | 62 | 57 | 8.8% |
Median Time to Sales | 112 | 99 | 13.1% |
Active Inventory | 402 | 531 | -24.3% |
Months Supply of Inventory | 4.3 | 5.5 | -21.8% |
Summary Reports
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Miami-Dade County_Single Family Homes_2020-08_Summary
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Miami-Dade County_Townhouses and Condos_2020-08_Summary
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Broward County_Single Family Homes_2020-08_Summary
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Broward County_Townhouses and Condos_2020-08_Summary
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Palm Beach County_Single Family Homes_2020-08_Summary
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Palm Beach County_Townhouses and Condos_2020-08_Summary
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Martin County_Single Family Homes_2020-08_Summary
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Martin County_Townhouses and Condos_2020-08_Summary
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St. Lucie County_Single Family Homes_2020-08_Summary
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St. Lucie County_Townhouses and Condos_2020-08_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2020-08_Detail
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Miami-Dade County_Townhouses and Condos_2020-08_Detail
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Broward County_Single Family Homes_2020-08_Detail
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Broward County_Townhouses and Condos_2020-08_Detail
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Palm Beach County_Single Family Homes_2020-08_Detail
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Palm Beach County_Townhouses and Condos_2020-08_Detail
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Martin County_Single Family Homes_2020-08_Detail
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Martin County_Townhouses and Condos_2020-08_Detail
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St. Lucie County_Single Family Homes_2020-08_Detail
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St. Lucie County_Townhouses and Condos_2020-08_Detail
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