Cash Sales
Pct . of Closed Sales Paid in Cash
Monthly Market Detail - June 2024 Townhouses and Condos Broward County
Cash Sales
The number of Closed Sales during the month in which buyers exclusively paid in cash
Economists ' note : Cash Sales can be a useful indicator of the extent to which investors are participating in the market . Why ? Investors are far more likely to have the funds to purchase a home available up front , whereas the typical homebuyer requires a mortgage or some other form of financing . There are , of course , many possible exceptions , so this statistic should be interpreted with care .
Month |
Cash Sales |
Percent Change
Year-over-Year
|
Year-to-Date |
3,764 |
-12.1% |
June 2024 |
553 |
-29.8% |
May 2024 |
704 |
-15.6% |
April 2024 |
771 |
1.6 % |
March 2024 |
665 |
-20.3% |
February 2024 |
574 |
2.3 % |
January 2024 |
497 |
-1.8% |
December 2023 |
549 |
-10.4% |
November 2023 |
534 |
-7.5% |
October 2023 |
632 |
-2.0% |
September 2023 |
575 |
-16.3% |
August 2023 |
620 |
-23.4% |
July 2023 |
582 |
-22.4% |
June 2023 |
788 |
-21.8% |
1,400 1,200 1,000 800 600 400 200
0
2020 2021 2022 2023
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
Cash Sales as a Percentage of Closed Sales
The percentage of Closed Sales during the month which were Cash Sales
Economists ' note : This statistic is simply another way of viewing Cash Sales . The remaining percentages of Closed Sales ( i . e . those not paid fully in cash ) each month involved some sort of financing , such as mortgages , owner / seller financing , assumed loans , etc .
Month |
Percent of Closed
Sales Paid in Cash
|
Percent Change
Year-over-Year
|
Year-to-Date |
55.5 % |
0.0 % |
June 2024 |
51.8 % |
-3.7% |
May 2024 |
52.8 % |
-3.8% |
April 2024 |
57.5 % |
-0.7% |
March 2024 |
55.6 % |
2.8 % |
February 2024 |
58.2 % |
4.3 % |
January 2024 |
58.1 % |
0.5 % |
December 2023 |
53.6 % |
-4.3% |
November 2023 |
52.9 % |
-3.8% |
October 2023 |
54.9 % |
3.0 % |
September 2023 |
51.2 % |
-1.9% |
August 2023 |
50.3 % |
-6.9% |
July 2023 |
49.1 % |
-10.9% |
June 2023 |
53.8 % |
-7.2% |
70 % 60 % 50 % 40 % 30 % 20 % 10 % 0 %
2020 2021 2022 2023
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
Produced by Florida 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 . Data released on Tuesday , July 23 , 2024 . Next data release is Thursday , August 22 , 2024 .