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Closed Sales Paid in Cash Median Sale Price Average Sale Price Dollar Volume Med. Pct. of Orig. List Price Received Median Time to Contract Median Time to Sale New Pending Sales New Listings Pending Inventory Inventory (Active Listings) Months Supply of Inventory 4.4 5.6 -21.4% 7,126 8,748 -18.5% 95.6% 94.9% 0.7% 53 Days 60 Days -11.7% $559,376 $512,386 9.2% $5.6 Billion $4.8 Billion 18.2% 2,579 2,506 2.9% $375,000 $350,000 7.1% Q1 2020 Q1 2019 Percent Change Year-over-Year 10,074 9,302 8.3% 97 Days 17,405 21,074 101 Days -4.0% -17.4% 13,300 13,876 -4.2% 16,372 18,485 -11.4% $0K $50K $100K $150K $200K $250K $300K $350K $400K e c i r P e l a S n a i d e M 0 5,000 10,000 15,000 20,000 25,000 y r o t n e v n I 0 5,000 10,000 15,000 s e l a S d e s o l C Quarterly Market Summary - Q1 2020 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2017 2018 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2017 2018 2019 Miami-Fort Lauderdale-West Palm Beach MSA Single Family Homes Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.

Quarterly Market Summary - Q1 2020 Single Family Homes Miami … · 2020. 5. 7. · Median Sale Price Average Sale Price Dollar Volume Med. Pct. of Orig. List Price Received Median

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Page 1: Quarterly Market Summary - Q1 2020 Single Family Homes Miami … · 2020. 5. 7. · Median Sale Price Average Sale Price Dollar Volume Med. Pct. of Orig. List Price Received Median

Closed Sales

Paid in Cash

Median Sale Price

Average Sale Price

Dollar Volume

Med. Pct. of Orig. List Price Received

Median Time to Contract

Median Time to Sale

New Pending Sales

New Listings

Pending Inventory

Inventory (Active Listings)

Months Supply of Inventory 4.4 5.6 -21.4%

7,126 8,748 -18.5%

95.6% 94.9% 0.7%

53 Days 60 Days -11.7%

$559,376 $512,386 9.2%

$5.6 Billion $4.8 Billion 18.2%

2,579 2,506 2.9%

$375,000 $350,000 7.1%

Q1 2020 Q1 2019Percent Change Year-over-Year

10,074 9,302 8.3%

97 Days

17,405 21,074

101 Days -4.0%

-17.4%

13,300 13,876 -4.2%

16,372 18,485 -11.4%

$0K

$50K

$100K

$150K

$200K

$250K

$300K

$350K

$400K

ecirP elaS naideM

0

5,000

10,000

15,000

20,000

25,000

yrotnevnI

0

5,000

10,000

15,000

selaS desolCQuarterly Market Summary - Q1 2020

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

2016 2017 2018 2019

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

2016 2017 2018 2019

Miami-Fort Lauderdale-West Palm Beach MSASingle Family Homes

Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.

Page 2: Quarterly Market Summary - Q1 2020 Single Family Homes Miami … · 2020. 5. 7. · Median Sale Price Average Sale Price Dollar Volume Med. Pct. of Orig. List Price Received Median

Closed Sales

Median Sale Price

Closed Sales

Median Sale Price

Closed Sales

Median Sale Price

Short Sale

124 123 0.8%

$266,500 $270,750 -1.6%

Foreclosure/REO

360 420 -14.3%

$290,500 $270,000 7.6%

Q1 2020 Q1 2019Percent Change Year-over-Year

Traditional

9,590 8,759 9.5%

$379,000 $355,000 6.8%

2016 2017 2018 2019

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1$0K

$50K

$100K

$150K

$200K

$250K

$300K

$350K

$400K

ecirP elaS naideM

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

selaS desolC

Traditional Foreclosure/REO Short Sale

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Quarterly Distressed Market - Q1 2020

Miami-Fort Lauderdale-West Palm Beach MSASingle Family Homes

2016 2017 2018 2019

Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.