Dollar Volume
Med . Pct . of Orig . List Price Received
Monthly Market Detail - August 2024 Townhouses and Condos Miami-Dade County
Dollar Volume
The sum of the sale prices for all sales which closed during the month
Economists ' note : Dollar Volume is simply the sum of all sale prices in a given time period , and can quickly be calculated by multiplying Closed Sales by Average Sale Price . It is a strong indicator of the health of the real estate industry in a market , and is of particular interest to real estate professionals , investors , analysts , and government agencies . Potential home sellers and home buyers , on the other hand , will likely be better served by paying attention to trends in the two components of Dollar Volume ( i . e . sales and prices ) individually .
Month |
Dollar Volume |
Percent Change
Year-over-Year
|
Year-to-Date |
$ 6.4 Billion |
-2.7% |
August 2024 |
$ 682.5 Million |
-20.2% |
July 2024 |
$ 812.0 Million |
8.8 % |
June 2024 |
$ 830.2 Million |
-11.8% |
May 2024 |
$ 943.8 Million |
-4.0% |
April 2024 |
$ 1.0 Billion |
27.5 % |
March 2024 |
$ 862.1 Million |
-19.7% |
February 2024 |
$ 708.9 Million |
7.0 % |
January 2024 |
$ 566.2 Million |
4.7 % |
December 2023 |
$ 617.0 Million |
-5.2% |
November 2023 |
$ 637.6 Million |
-9.7% |
October 2023 |
$ 717.9 Million |
-4.0% |
September 2023 |
$ 684.7 Million |
-17.8% |
August 2023 |
$ 854.8 Million |
6.6 % |
$ 2.5 B
2020 2021 2022 2023 2024
$ 2.0 B $ 1.5 B $ 1.0 B $ 500 M
$ 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 J A
Median Percent of Original List Price Received
The median of the sale price ( as a percentage of the original list price ) across all properties selling during the month
Economists ' note : The Median Percent of Original List Price Received is useful as an indicator of market recovery , since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price ( or better it ) in order to get a contract on the house . This is usually the last measure to indicate a market has shifted from down to up , so it is what we would call a lagging indicator .
Month |
Med . Pct . of Orig .
List Price Received
|
Percent Change
Year-over-Year
|
Year-to-Date |
95.1 % |
-1.0% |
August 2024 |
94.8 % |
-1.8% |
July 2024 |
94.8 % |
-1.7% |
June 2024 |
94.9 % |
-1.4% |
May 2024 |
95.2 % |
-1.1% |
April 2024 |
95.2 % |
-0.8% |
March 2024 |
95.5 % |
-0.5% |
February 2024 |
94.9 % |
-0.8% |
January 2024 |
94.9 % |
-0.2% |
December 2023 |
95.7 % |
-0.3% |
November 2023 |
96.0 % |
-0.3% |
October 2023 |
96.6 % |
-0.3% |
September 2023 |
96.6 % |
-0.6% |
August 2023 |
96.5 % |
-1.3% |
120 % 100 % 80 % 60 % 40 % 20 % 0 %
2020 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 J J A
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 Thursday , September 19 , 2024 . Next data release is Wednesday , October 23 , 2024 .