Single Family Homes | Miami-Dade County
Monthly Market Summary sales report of single family homes, townhouses, and condominiums for December, 2018 Miami-Dade County, Florida. Miami-Dade County is a county in the southeastern part of the U.S. state of Florida. It is the southeasternmost county on the U.S. mainland. Miami-Dade County has nineteen cities, six towns, and nine villages. Miami-Dade County is one of the three counties in South Florida that make up the Miami metropolitan area, which was home to an estimated 6,158,824 people in 2017.
| December 2018 | December 2017 | % change year-over-year |
Closed Sales | 1,011 | 1,065 | -5.1% |
Paid in Cash | 209 | 261 | -19.9% |
Median Sale Price | $355,000 | $332,850 | 6.7% |
Average Sale Price | $533,757 | $505,896 | 5.5% |
Dollar Volume | $539,6 million | $538,8 million | 0.2% |
Med. Pct. of Orig. List Price Received | 94.8% | 95.6% | -0.8% |
Median Time to Contract | 56 days | 43 days | 30.2% |
Median Time to Sale | 98 Days | 97 Days | 1.0% |
New Pending Sales | 914 | 1,031 | -11.3% |
New Listings | 1,220 | 1,271 | -4.0% |
Pending Inventory | 1,940 | 2,352 | -17.55 |
Inventory (Active Listings) | 6,872 | 5,969 | 15,1% |
Months Supply of Inventory | 6.4 | 5.6 | 14.3% |
Townhouses and Condos | Miami-Dade County
| December 2018 | December 2017 | % change year-over-year |
Closed Sales | 1,070 | 1,154 | -7.3% |
Paid in Cash | 515 | 612 | -15,8% |
Median Sale Price | $235,00 | $235,00 | 0.0% |
Average Sale Price | $363,759 | $385,338 | -5.6% |
Dollar Volume | $389.2 million | $444.7 million | -12.5% |
Med. Pct. of Orig. List Price Received | 93.1% | 93.5% | -0.4% |
Median Time to Contract | 76 days | 87 days | -12.6% |
Median Time to Sale | 115 days | 127 days | -9.4% |
New Pending Sales | 901 | 1,070 | -15.8% |
New Listings | 1,778 | 1,782 | -0.2% |
Pending Inventory | 1,774 | 2,036 | -12.9% |
Inventory (Active Listings) | 15,852 | 14,984 | 5.8% |
Months Supply of Inventory | 13.7 | 13.7 | 0.0% |
Data source: MIAMI Association of REALTORS® with data provided by Florida's multiple listing services.
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