Cash Sales
Pct . of Closed Sales Paid in Cash
Monthly Market Detail - June 2024 Single-Family Homes 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 |
1,583 |
0.2 % |
June 2024 |
260 |
-20.7% |
May 2024 |
304 |
4.5 % |
April 2024 |
282 |
10.6 % |
March 2024 |
307 |
5.9 % |
February 2024 |
235 |
-0.8% |
January 2024 |
195 |
8.9 % |
December 2023 |
201 |
-6.9% |
November 2023 |
230 |
-4.6% |
October 2023 |
240 |
6.7 % |
September 2023 |
286 |
10.4 % |
August 2023 |
298 |
2.1 % |
July 2023 |
269 |
-17.7% |
June 2023 |
328 |
-18.8% |
500
2020 2021 2022 2023
400 300 200 100
0
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 |
25.5 % |
2.8 % |
June 2024 |
22.8 % |
-12.6% |
May 2024 |
24.3 % |
4.7 % |
April 2024 |
23.6 % |
0.0 % |
March 2024 |
28.3 % |
24.1 % |
February 2024 |
28.3 % |
-0.7% |
January 2024 |
27.6 % |
4.5 % |
December 2023 |
22.9 % |
-7.3% |
November 2023 |
28.0 % |
1.1 % |
October 2023 |
24.4 % |
9.4 % |
September 2023 |
27.1 % |
8.0 % |
August 2023 |
25.3 % |
4.1 % |
July 2023 |
25.6 % |
-5.2% |
June 2023 |
26.1 % |
-7.1% |
35 % 30 % 25 % 20 % 15 % 10 % 5 % 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 .