SOUTH FLORIDA REGIONAL MIAMI DADE | BROWARD | PALM BEACH | MARTIN | ST. LUCIE
South Florida is considered the metro area of the state extending from Palm Beach County to Miami-Dade County. The area radiates balmy temperatures and a luxury lifestyle, mixed with Latin and Caribbean cultures. The approximate 100 miles along the coast is home to roughly 5.4 million residents. If you are dreaming of a big-city getaway in Miami, a laid-back fishing trip off the coast of Fort Lauderdale, or an indulgent splurge in the Palm Beaches, you’ll find perfect weather all year- round. South Florida is home to a multitude of restaurants and entertainment options to experience including the historical Worth Avenue, Downtown City Place, Atlantic Avenue, Fort Lauderdale Beach, South Beach, and the Seminole Hard Rock Hotel & Casino.
Single Family Homes
% Change (1 Year)
% Change (1 Quarter)
SINGLE FAMILY HOMES
2024 Q2
2025 Q1
2025 Q2
Number of Sales
3538
2632
3151
▼10.9%
▲19.7%
Average Sales Price
$2,666,480
$2,933,839
$2,913,294
▲9.3%
▼0.7%
Median Sales Price
$1,612,500
$1,650,000
$1,683,000
▲4.4%
▲2.0%
Average Square Footage
3,380
3,468
3,445
▲1.9%
▼0.7%
Price Per Square Foot
$726
$765
$765
▲5.4%
▲0.0%
Average DOM
102
110
106
▲3.3%
▼3.9%
Sales Sold at Original List Price
320
205
225
▼29.7%
▲9.8%
Top Sale Price
$62,500,000
$50,500,000
$74,250,000
▲18.8%
▲47.0%
Total Sale Volume
$9,434,005,937
$7,721,865,554 $9,179,788,545 ▼2.7%
▲18.9%
Condos & Townhomes
% Change (1 Year)
% Change (1 Quarter)
CONDOS/TOWNHOMES
2024 Q2
2025 Q1
2025 Q2
Number of Sales
1386
1124
1209
▼12.8%
▲7.6%
Average Sales Price
$2,419,355
$2,504,677
$2,536,680
▲4.8%
▲1.3%
Median Sales Price
$1,675,000
$1,777,500
$1,725,000
▲3.0%
▼3.0%
Average Square Footage
2,317
2,317
2,383
▲2.9%
▲2.8%
Price Per Square Foot
$1,016
$1,046
$1,034
▲1.8%
▼1.1%
Average DOM
129
123
134
▲3.9%
▲9.1%
Sales Sold at Original List Price
109
165
75
▼31.2%
▼54.5%
Top Sale Price
$37,000,000
$29,000,000
$28,641,500
▼22.6%
▼1.2%
Total Sale Volume
$3,353,226,432
$2,815,256,610 $3,066,845,965 ▼8.5%
▲8.9%
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