Closed Sales
Monthly
Market Detail - June 2024 Single-Family Homes Miami-Dade County
Summary Statistics |
June 2024 |
June 2023 |
Percent Change Year-over-Year |
Closed Sales Paid in Cash
966 1,004 -3.8 % 238 267 -10.9 %
Median Sale Price $ 657,000
$ 622,500 5.5 %
Average Sale Price Dollar Volume
$ 1,259,169 $ 1,034,110 21.8 % $ 1.2 Billion $ 1.0 Billion 17.2 %
Median Percent of Original List Price Received
96.5 % 97.3 % -0.8 %
Median Time to Contract 28 Days 27 Days 3.7 %
Median Time to Sale |
69 Days |
71 Days |
-2.8 % |
New Pending Sales New Listings
1,036 1,376
1,064 -2.6 %
1,241 10.9 %
Pending Inventory 1,646 Inventory ( Active Listings ) 3,929 Months Supply of Inventory 4.4
1,642 0.2 % 2,911 35.0 % 3.3 33.3 %
Closed Sales
The number of sales transactions which closed during the month
Economists ' note : Closed Sales are one of the simplest — yet most important — indicators for the residential real estate market . When comparing Closed Sales across markets of different sizes , we recommend comparing the percent changes in sales rather than the number of sales . Closed Sales ( and many other market metrics ) are affected by seasonal cycles , so actual trends are more accurately represented by year-over-year changes ( i . e . comparing a month ' s sales to the amount of sales in the same month in the previous year ), rather than changes from one month to the next .
Month |
Closed Sales |
Percent Change
Year-over-Year
|
Year-to-Date |
5,582 |
2.3 % |
June 2024 |
966 |
-3.8% |
May 2024 |
1,102 |
6.0 % |
April 2024 |
1,065 |
6.5 % |
March 2024 |
1,041 |
-4.8% |
February 2024 |
764 |
5.1 % |
January 2024 |
644 |
8.6 % |
December 2023 |
754 |
1.3 % |
November 2023 |
707 |
-1.5% |
October 2023 |
871 |
-1.5% |
September 2023 |
894 |
2.9 % |
August 2023 |
948 |
-8.1% |
July 2023 |
910 |
-8.9% |
June 2023 |
1,004 |
-11.9% |
2,000
2020 2021 2022 2023
1,500
1,000
500
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
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 .