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YOUR 2019 YEAR END SUMMARY
The Keyes Luxury
South Florida Market Report
Vir MRMLO Con Cea can eciag
regional influence, and world-class reach.
For over 90 years The Keyes Company and our network of companies have been
exceeding the real estate needs of astute buyers and sellersin South Florida. The largest
family ouned brokerage network exceeds $6 Billion in annua sles volume throughout our
network of 3,000 Realtors.
‘Asa founding member of Leading Real Estate Companies of the World® and Luxury Portfolio
International® our reach spans the globe.
The Keyes Company isa legend in the Florida eal estate market. Let our unmatched
experience and knowledge work for you
Your year end snapshot of
the South Florida luxury
housing market:
* South Florida
* Palm Beach County
* Broward County
° Miai
Jade County
* Martin County
whe Shr
pce
hay Leading
PORTFOLIO South Florida YOUR 2019 YEAR END SUMMARY
AT iN GLANCE: SOUTH atone SINGLE Pale
Single-Family Residential 2018 2019 % Change
@& Number of Sales 3,181 3,231 +1.6% A
$ Average Sales Price $2,420,301 $2,402,594 -07% W
Median Sales Price $1,600,000 $1,590,000 -06% W
fd: Average Square Footage 4,367 4,435 +1.6% A
$ Price Per Square Foot $533 $517 -3.0% W
$ Number of Sales - Cash 1,704 1,709 40.3% A
AT A GLANCE: SOUTH FLORIDA, CONDO/TOWNHOME
Condo / Townhome 2018 2019 % Change
@ Number of Sales 1,667 1,547 7.2% V
$ Average Sales Price $2,101,096 $2,297,648 +9.4% A
@ Median Sales Price $1,500,000 $1,557,500 +3.4% A
f= Average Square Footage 2,632 2,642 40.4% A
$ Price Per Square Foot $775 $811 44.6% A
$ Number of Sales - Cash 1,233 1,088 -11.8% V
X The Keyes Company Palm Beach Cou nty YOUR 2019 YEAR END SUMMARY
Single-Family Residential 2018 2019 % Change
& Number of Sales 1,289 1,297 40.6% A
$ Average Sales Price $2,753,888 $2,656,196 -3.5% W
48 Median Sales Price $1,665,000 $1,700,000 +2.1% &
fi: Average Square Footage 4,680 4,651 06% VW
$ Price Per Square Foot $575 $556 3.3% VW
S$ Number of Sales - Cash 827 831 +0.5% A
AT A GLANCE: PALM BEACH, CONDO/TOWNHOME
Condo / Townhome 2018 2019 % Change
@ Number of Sales 468 451 -3.6% V
$ Average Sales Price $2,031,925 $2,605,729 +28.2% &
4 Median Sales Price $1,600,000 $1,675,000 +4.7% &
fi Average Square Footage 2,879 2,929 41.7%
$ Price Per Square Foot $698 $813 +16.5% A
$S Number of Sales - Cash 387 369 47% V
X The Keyes Company Broward Cou nty YOUR 2019 YEAR END SUMMARY
Single-Family Residential 2018 2019 % Change
@ Number of Sales 117 754 45.2% &
$ Average Sales Price $1,864,165 $1,869,512 +0.3% A
2 Median Sales Price $1,475,000 $1,430,000 -31% W
fi Average Square Footage 4,213 4,451 45.6%
$ Price Per Square Foot $433 $415 42% W
S$ Number of Sales - Cash 303 335 +10.6% A
AT A GLANCE: BROWARD, CO! WNHOME
Condo / Townhome 2018 2019 % Change
@ Number of Sales 318 232 -27.0% V
$ Average Sales Price $1,571,460 $1,621,277 +3.2%
# Median Sales Price $1,373,910 $1,325,000 -36% W
fe Average Square Footage 2,535 2,551 40.6% A
$ Price Per Square Foot $587 $587 0.0%
$ Number of Sales - Cash 224 161 28.1% V
X The Keyes Company YOUR 2019 YEAR END SUMMARY
ga ne
Single-Family Residential 2018 2019 % Change
Number of Sales 1,063 1,050 12% W
Average Sales Price $2,418,863 $2,494,872 43.1%
Median Sales Price $1,635,000 $1,600,000 -21% VW
Average Square Footage 4,062 4,127 +1.6%
Price Per Square Foot $551 $547 0.7% W
Number of Sales - Cash 501 455 9.2% WW
Condo / Townhome 2018 2019 % Change
Number of Sales 871 860 -13% V
Average Sales Price $2,338,946 $2,318,776 -0.9% VW
Median Sales Price $1,585,000 $1,600,000 = +0.9%
% Average Square Footage 2,531 2,512 -0.8% V
Price Per Square Foot $886 $870 -18% WV
Number of Sales - Cash 613 556 -9.3% WV
X The Company Martin County YouR 2019 YEAR END SUMMARY
i
£
re
AT A GLANCE: MARTIN, SINGLE FAMILY
Single-Family Residential 2018 2019 % Change
@ Number of Sales 112 130 16.1% A
$ Average Sales Price $2,154,029 $2,214,127 +2.8% A
#2 Median Sales Price $1,632,500 $1,762,500 +8.0% az
fE Average Square Footage 4,640 4,667 40.6% zA
$ Price Per Square Foot $473 $477 +0.8% A
S$ Number of Sales - Cash 73 88 +20.5% A
X The Keyes Company
