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 Q1
2024 Q4
2025 Q1
Number of Sales
2580
2264
2588
▲0.3%
▲14.3%
Average Sales Price
$2,623,249
$2,575,000
$2,972,753
▲13.3%
▲15.4%
Median Sales Price
$1,622,500
$1,582,250
$1,650,000
▲1.7%
▲4.3%
Average Square Footage
3,377
3,400
3,475
▲2.9%
▲2.2%
Price Per Square Foot
$731
$716
$766
▲4.8%
▲7.1%
Average DOM
112
109
110
▼1.2%
▲1.2%
Sales Sold at Original List Price
213
163
199
▼6.6%
▲22.1%
Top Sale Price
$32,500,000
$72,250,000
$69,500,000
▲113.8%
▼3.8%
Total Sale Volume
$6,767,983,292
$5,829,799,169 $7,693,484,071
▲13.7%
▲32.0%
Condos & Townhomes
% Change (1 Year)
% Change (1 Quarter)
CONDOS/TOWNHOMES
2024 Q1
2024 Q4
2025 Q1
Number of Sales
1039
808
1014
▼2.4%
▲25.5%
Average Sales Price
$2,356,492
$2,253,439
$2,497,936
▲6.0%
▲10.8%
Median Sales Price
$1,700,000
$1,600,000
$1,675,000
▼1.5%
▲4.7%
Average Square Footage
2,328
2,310
2,294
▼1.5%
▼0.7%
Price Per Square Foot
$993
$961
$1,050
▲5.8%
▲9.3%
Average DOM
125
136
134
▲7.4%
▼1.4%
Sales Sold at Original List Price
93
72
72
▼22.6%
▲0.0%
Top Sale Price
$48,000,000
$33,000,000
$29,000,000
▼39.6%
▼12.1%
Total Sale Volume
$2,448,394,801
$1,820,778,809 $2,532,906,840 ▲3.5%
▲39.1%
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