Monthly Market Summary - August 2021 Townhouses and Condos Miami-Dade County August 2021
August 2020
Percent Change Year-over-Year
1,990
1,170
70.1%
948
456
107.9%
Median Sale Price
$335,000
$265,000
26.4%
Average Sale Price
$565,293
$419,487
34.8%
$1.1 Billion
$490.8 Million
129.2%
97.1%
94.7%
2.5%
Median Time to Contract
35 Days
80 Days
-56.3%
Median Time to Sale
80 Days
132 Days
-39.4%
New Pending Sales
2,092
1,518
37.8%
New Listings
2,556
2,134
19.8%
Pending Inventory
3,584
2,586
38.6%
Inventory (Active Listings)
8,263
14,226
-41.9%
Months Supply of Inventory
4.6
14.0
-67.1%
Closed Sales Paid in Cash
Dollar Volume Med. Pct. of Orig. List Price Received
3,000
2017
2018
2019
2020
2021
Closed Sales
2,500 2,000 1,500 1,000 500 0
Inventory
Median Sale Price
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 $400K $350K $300K $250K $200K $150K $100K $50K $0K 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 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
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 Townhouses and Condos Miami-Dade County
Closed Sales
August 2021
August 2020
Percent Change Year-over-Year
1,965
1,135
73.1%
$335,000
$270,000
24.1%
21
30
-30.0%
$305,000
$172,500
76.8%
4
5
-20.0%
$247,250
$148,000
67.1%
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
$400K $350K
Median Sale Price
$300K $250K $200K $150K $100K $50K $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.