Miami-Dade County Monthly Market Report - March March 2025 | Page 5

Monthly Market Detail- March 2025 Single-Family Homes 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
$ 3.0 Billion
13.4 %
March 2025
$ 1.3 Billion
12.6 %
February 2025
$ 951.5 Million
23.9 %
January 2025
$ 809.7 Million
4.2 %
December 2024
$ 982.9 Million
43.7 %
November 2024
$ 782.7 Million
12.1 %
October 2024
$ 1.1 Billion
10.0 %
September 2024
$ 890.3 Million
-9.5%
August 2024
$ 1.0 Billion
0.4 %
July 2024
$ 1.2 Billion
42.0 %
June 2024
$ 1.2 Billion
17.2 %
May 2024
$ 1.3 Billion
21.7 %
April 2024
$ 1.2 Billion
29.9 %
March 2024
$ 1.1 Billion
13.8 %
$ 2.0 B
2021 2022 2023 2024
Dollar Volume
$ 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

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
95.2 %
-1.2%
March 2025
95.5 %
-1.1%
February 2025
95.4 %
-1.0%
January 2025
94.4 %
-1.4%
December 2024
95.0 %
-1.1%
November 2024
95.6 %
-1.4%
October 2024
95.8 %
-1.1%
September 2024
96.0 %
-2.0%
August 2024
96.8 %
-0.6%
July 2024
96.6 %
-0.6%
June 2024
96.5 %
-0.8%
May 2024
96.2 %
-0.6%
April 2024
96.7 %
0.1 %
March 2024
96.6 %
0.9 %
Med. Pct. of Orig. List Price Received
120 % 100 % 80 % 60 % 40 % 20 % 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.