South Florida Market Report

March 2020

The novel coronavirus (COVID-19) continues to reshape the way our world is interconnected, from how we conduct business to how we live our lives. Amidst all the uncertainty, we felt it was more important than ever to be able share our market knowledge with you. Even during this pandemic it is clear that there are those who still NEED to buy or sell a home. If you are someone who needs to buy or sell right now, we offer all of our services virtually.


Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home. Our March 2020 market report showcases everything you need to know

Miami-Dade County

$520K

Average Sales Price

↑ 16.6% vs. Feb

9.6

Months of Supply

↑ 11.9% vs. Feb

93

Average Days on Market

↓ 4.4% vs. Feb

$317

Average Price per Square Foot

↑ 12.8% vs. Feb

 

4,100

New Listings

↓ 17.6% vs. Feb

2,177

Pending

↓ 21.7% vs. Feb

2,185

Sold

↑ 13.6% vs. Feb

89%

Homes Sold 

Sale-to-List Price

↑ 0% vs. Feb

 

Broward County

$365K

Average Sales Price

↓ 2.9% vs. Feb

4.8

Months of Supply

↑ 15.8% vs. Feb

71

Average Days on Market

↓ 7.8% vs. Feb

$208

Average Price per Square Foot

↓ 6.3% vs. Feb

 

2,715

New Listings

↑ 22% vs. Feb

2,610

Pending

↓ 19.7% vs. Feb

2,696

Sold

↑ 20.5% vs. Feb

93%

Homes Sold 

Sale-to-List Price

↑ 2.2% vs. Feb

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