MARKET SNAPSHOT | JUNE 2025
Monthly data updated on May 1, 2025 with data through April 2025

Inventory continues to build steadily across South Florida, with active listings up +46% in Miami-Dade, +44% in Broward, and +30% in Palm Beach compared to a year ago—signaling a healthier, more balanced market environment. Despite rising supply, prices remain stable, with all three counties posting only modest year-over-year adjustments in median listing price: -5% in Miami-Dade, -6% in Broward, and -7% in Palm Beach.

Buyers are taking a bit more time to make decisions—reflected in the modest uptick in median days on market—but the pace remains far from stagnant. Pending listings, a key measure of buyer activity, remain solid, with Palm Beach and Miami-Dade showing strong year-over-year growth, and Broward holding steady month-over-month.

Across the tri-county area, Miami-Dade stands out with the highest number of new listings and active buyers, while Palm Beach shows strong pricing resilience per square foot. Broward offers a middle ground, with competitive pricing and improving market pace.

Importantly, these numbers reflect market normalization—not distress. A distressed market typically shows sharp price drops, listings sitting unsold for long periods, and buyer inactivity. That’s not what we’re seeing. Instead, the market is adjusting, not collapsing—with buyers still active and sellers benefiting from more realistic conditions.

Now is the time for both buyers and sellers to be strategic. This market rewards preparation, clarity, and experienced guidance.

Source: realtor.com

Header image courtesy of Michelle Nunez. Sabbia #604. 730 N Ocean Blvd, Pompano Beach, FL | View here.