Closed Sales Paid in Cash Median Sale Price Average Sale Price Dollar Volume Med. Pct. of Orig. List Price Received Median Time to Contract Median Time to Sale New Pending Sales New Listings Pending Inventory Inventory (Active Listings) Months Supply of Inventory 4.4 5.6 -21.4% 7,126 8,748 -18.5% 95.6% 94.9% 0.7% 53 Days 60 Days -11.7% $559,376 $512,386 9.2% $5.6 Billion $4.8 Billion 18.2% 2,579 2,506 2.9% $375,000 $350,000 7.1% Q1 2020 Q1 2019 Percent Change Year-over-Year 10,074 9,302 8.3% 97 Days 17,405 21,074 101 Days -4.0% -17.4% 13,300 13,876 -4.2% 16,372 18,485 -11.4% $0K $50K $100K $150K $200K $250K $300K $350K $400K e c i r P e l a S n a i d e M 0 5,000 10,000 15,000 20,000 25,000 y r o t n e v n I 0 5,000 10,000 15,000 s e l a S d e s o l C Quarterly Market Summary - Q1 2020 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2017 2018 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2017 2018 2019 Miami-Fort Lauderdale-West Palm Beach MSA Single Family Homes 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.