Monthly Market Detail- March 2025 Townhouses and Condos Miami-Dade 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 |
1,330 |
-9.2% |
March 2025 |
544 |
0.0 % |
February 2025 |
400 |
-22.6% |
January 2025 |
386 |
-4.5% |
December 2024 |
481 |
1.3 % |
November 2024 |
387 |
-18.4% |
October 2024 |
431 |
-24.3% |
September 2024 |
382 |
-33.2% |
August 2024 |
450 |
-26.5% |
July 2024 |
524 |
-8.6% |
June 2024 |
541 |
-28.9% |
May 2024 |
634 |
-13.5% |
April 2024 |
669 |
8.4 % |
March 2024 |
544 |
-28.7% |
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
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 |
53.0 % |
1.7 % |
March 2025 |
52.3 % |
5.7 % |
February 2025 |
54.3 % |
-1.1% |
January 2025 |
52.7 % |
0.4 % |
December 2024 |
51.4 % |
3.8 % |
November 2024 |
48.7 % |
-3.0% |
October 2024 |
45.9 % |
-11.2% |
September 2024 |
43.3 % |
-17.5% |
August 2024 |
43.4 % |
-12.9% |
July 2024 |
47.0 % |
-6.4% |
June 2024 |
49.9 % |
-10.9% |
May 2024 |
49.0 % |
-8.2% |
April 2024 |
52.4 % |
3.8 % |
March 2024 |
49.5 % |
-7.8% |
Pct. of Closed Sales Paid in Cash
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
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, April 24, 2025. Next data release is Thursday, May 22, 2025.