Broward County Monthly Market Report - May March 2025 | Page 13

Monthly Market Detail- May 2025 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
2,552
-20.5%
May 2025
507
-28.0%
April 2025
620
-19.6%
March 2025
582
-12.5%
February 2025
440
-23.3%
January 2025
403
-18.9%
December 2024
477
-13.1%
November 2024
407
-23.8%
October 2024
445
-29.6%
September 2024
434
-24.5%
August 2024
525
-15.3%
July 2024
524
-10.0%
June 2024
553
-29.8%
May 2024
704
-15.6%
Cash Sales
1,400 1,200 1,000 800 600 400 200
0
2021 2022 2023 2024
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

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
54.1 %
-3.7%
May 2025
50.0 %
-5.3%
April 2025
57.1 %
-0.7%
March 2025
54.4 %
-2.2%
February 2025
55.8 %
-4.1%
January 2025
53.3 %
-8.3%
December 2024
51.0 %
-4.9%
November 2024
49.7 %
-6.0%
October 2024
50.5 %
-8.0%
September 2024
47.1 %
-8.0%
August 2024
47.3 %
-6.0%
July 2024
46.3 %
-5.7%
June 2024
51.8 %
-3.7%
May 2024
52.8 %
-3.8%
Pct. of Closed Sales Paid in Cash
70 % 60 % 50 % 40 % 30 % 20 % 10 % 0 %
2021 2022 2023 2024
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
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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.