MARKET SNAPSHOT | APRIL 2025
Source: realtor.com | Monthly data updated on February 27, 2025 with data through February 2025

Market Outlook: More Choices, Better Deals, Steady Momentum
The February 2025 housing data paints a clear picture of a market that continues to evolve in favor of informed buyers, marked by increased inventory, more competitive pricing, and strong listing activity across Miami-Dade, Broward, and Palm Beach counties.

Inventory continues to expand, with active listings rising between 31% and 46% year-over-year, providing a wider selection of homes than we've seen in past months. This growth in inventory, combined with a healthy stream of new listings—particularly in Miami-Dade (+12%) and Palm Beach (+7%)—is helping to restore balance between supply and demand.

Meanwhile, prices are adjusting steadily. All three counties posted YOY price declines between 6% and 10%, giving buyers more negotiating power without disrupting overall market stability. Median days on market remain under 80 days, even as they climb year-over-year, giving buyers more breathing room while keeping things moving for sellers.

One of the clearest signs of a market shift is in price reductions, which rose sharply— +44% in Miami-Dade, +38% in Broward, and +22% in Palm Beach. This suggests sellers are becoming more responsive to buyer expectations. Interestingly, pending listings are rebounding month-over-month, especially in Palm Beach (+33%) and Miami-Dade (+19%), showing that buyer activity is picking up as conditions become more favorable.

Key Takeaway:
Buyers are seeing more inventory, more realistic pricing, and more negotiating room. For sellers, smart pricing and preparation are more important than ever—but with the right approach, deals are still happening. As we move closer to spring, the market is poised for increased movement and opportunity on both sides.

Header image courtesy of Carole Garson. 654 Pine Lake Drive, Delray Beach, FL 33445 | Preview this home here.