Cash Sales
Pct . of Closed Sales Paid in Cash
Monthly Market Detail - June 2024 Single-Family Homes Palm Beach 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 |
3,336 |
0.6 % |
June 2024 |
547 |
-10.8% |
May 2024 |
662 |
2.3 % |
April 2024 |
684 |
18.3 % |
March 2024 |
558 |
-11.0% |
February 2024 |
485 |
5.9 % |
January 2024 |
400 |
2.0 % |
December 2023 |
444 |
-2.8% |
November 2023 |
428 |
3.9 % |
October 2023 |
520 |
21.5 % |
September 2023 |
489 |
0.8 % |
August 2023 |
534 |
0.6 % |
July 2023 |
499 |
-6.0% |
June 2023 |
613 |
-11.0% |
1,000
2020 2021 2022 2023
800 600 400 200
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
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 |
46.5 % |
3.6 % |
June 2024 |
43.1 % |
0.5 % |
May 2024 |
46.0 % |
3.8 % |
April 2024 |
48.8 % |
6.6 % |
March 2024 |
45.5 % |
6.3 % |
February 2024 |
47.3 % |
0.6 % |
January 2024 |
49.3 % |
-0.2% |
December 2023 |
45.8 % |
0.2 % |
November 2023 |
46.8 % |
4.5 % |
October 2023 |
47.9 % |
17.4 % |
September 2023 |
44.4 % |
7.0 % |
August 2023 |
42.8 % |
4.1 % |
July 2023 |
42.9 % |
-3.8% |
June 2023 |
42.9 % |
-8.3% |
60 % 50 % 40 % 30 % 20 % 10 % 0 %
2020 2021 2022 2023
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 .