Miami-Dade County Monthly Market Report - March March 2025 | Page 3

Monthly Market Detail- March 2025 Single-Family Homes 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
607
-9.7%
March 2025
226
-10.3%
February 2025
187
-15.8%
January 2025
194
-2.0%
December 2024
233
13.1 %
November 2024
178
-11.4%
October 2024
193
-24.6%
September 2024
170
-30.6%
August 2024
208
-21.5%
July 2024
232
-3.3%
June 2024
238
-10.9%
May 2024
289
14.2 %
April 2024
275
21.1 %
March 2024
252
-3.1%
500
2021 2022 2023 2024
Cash Sales
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

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
26.3 %
-4.0%
March 2025
23.5 %
-2.9%
February 2025
26.6 %
-8.6%
January 2025
30.2 %
-1.6%
December 2024
28.1 %
2.9 %
November 2024
24.9 %
-12.3%
October 2024
23.3 %
-20.7%
September 2024
21.0 %
-23.4%
August 2024
21.6 %
-22.9%
July 2024
23.0 %
-12.9%
June 2024
24.6 %
-7.5%
May 2024
26.2 %
7.8 %
April 2024
25.8 %
13.7 %
March 2024
24.2 %
1.7 %
Pct. of Closed Sales Paid in Cash
35 % 30 % 25 % 20 % 15 % 10 % 5 % 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.