Palm Beach County Monthly Market Report - May May 2025 | Page 13

Monthly Market Detail- May 2025 Townhouses and Condos 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
2,674
-10.4%
May 2025
547
-19.8%
April 2025
635
-16.8%
March 2025
616
-5.2%
February 2025
446
-8.2%
January 2025
430
6.2 %
December 2024
387
-23.5%
November 2024
333
-32.7%
October 2024
428
-25.8%
September 2024
406
-26.7%
August 2024
445
-25.6%
July 2024
499
-3.1%
June 2024
521
-29.5%
May 2024
682
-14.9%
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 A 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
63.4 %
-0.9%
May 2025
58.1 %
-3.3%
April 2025
63.6 %
-2.8%
March 2025
64.6 %
-0.9%
February 2025
65.1 %
-1.4%
January 2025
67.1 %
4.8 %
December 2024
59.2 %
-6.3%
November 2024
57.0 %
-10.1%
October 2024
57.7 %
-8.6%
September 2024
58.3 %
-2.5%
August 2024
51.9 %
-7.5%
July 2024
56.7 %
4.0 %
June 2024
60.0 %
-2.3%
May 2024
60.1 %
-1.3%
Pct. of Closed Sales Paid in Cash
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 A 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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.