Monthly Market Summary - August 2021 Single-Family Homes Miami-Dade County August 2021
August 2020
Percent Change Year-over-Year
1,309
1,357
-3.5%
338
229
47.6%
Median Sale Price
$500,500
$416,000
20.3%
Average Sale Price
$1,079,256
$757,667
42.4%
Dollar Volume
$1.4 Billion
$1.0 Billion
37.4%
98.7%
96.0%
2.8%
Median Time to Contract
17 Days
51 Days
-66.7%
Median Time to Sale
64 Days
100 Days
-36.0%
New Pending Sales
1,430
1,592
-10.2%
New Listings
1,695
1,622
4.5%
Pending Inventory
2,542
3,153
-19.4%
Inventory (Active Listings)
3,025
4,164
-27.4%
Months Supply of Inventory
2.3
4.0
-42.5%
Closed Sales Paid in Cash
Med. Pct. of Orig. List Price Received
Closed Sales
2,000
2017
2018
2019
2020
2021
1,500 1,000 500 0 J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
Median Sale Price
$600K $500K $400K $300K $200K $100K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
8,000
Inventory
7,000
6,000 5,000
4,000 3,000 2,000 1,000 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of 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.
Monthly Distressed Market - August 2021 Single-Family Homes Miami-Dade County
Closed Sales
August 2021
August 2020
Percent Change Year-over-Year
1,289
1,315
-2.0%
$507,000
$422,000
20.1%
8
30
-73.3%
$432,750
$321,000
34.8%
12
12
0.0%
$327,500
$295,375
10.9%
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2017
2018
Traditional
2019
Foreclosure/REO
2020
2021
Short Sale
100%
90%
Closed Sales
80% 70% 60% 50% 40% 30% 20% 10% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
$600K
Median Sale Price
$500K
$400K
$300K
$200K
$100K
$0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of 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.