South Florida Housing Market Update – September 2024

The South Florida housing market continues to evolve, offering opportunities and insights for buyers, sellers, and investors. Here’s an overview of the latest market statistics for September 2024, covering both single-family homes and townhouses/condos across the region.

Single-Family Homes

Sales Activity

In September 2024, closed sales for single-family homes across South Florida dropped by 15.3%, with 2,298 transactions compared to 2,712 in September 2023. Year-to-date figures show a smaller decline of 4.3%, indicating steady activity despite seasonal fluctuations.

Price Trends

The median sales price for single-family homes increased by 1.6% year-over-year to $569,000. Year-to-date,…

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