MARKET SNAPSHOT | MAY 2025
Source: realtor.com | Monthly data updated on April 3, 2025 with data through March 2025
The March 2025 housing data for South Florida reflects a market that’s recalibrating with steady momentum and opportunity. Inventory continues to grow, giving buyers more choice and creating a more balanced environment. Active listings are up significantly year-over-year—+44% in Miami-Dade, +46% in Broward, and +30% in Palm Beach—a clear sign that sellers are actively engaging the market.
While median prices have adjusted slightly from last year, they remain competitive and stable month-over-month. New listing activity remains strong in key areas, and though homes are spending more time on the market, this shift allows buyers to make more informed decisions. Overall, South Florida remains an active, opportunity-rich market this spring—for both buyers and motivated sellers.
HIGHLIGHTS FOR SELLERS
- Inventory is up significantly—buyers have more options now, so pricing and presentation are more important than ever.
- Homes are still selling, but they’re taking a bit longer. Setting the right price from the start gives you a competitive edge.
- Price reductions are up, which shows that overpricing isn’t working in today’s market.
- This is a great time to sell if you’re realistic—motivated buyers are active, and serious listings are moving.
HIGHLIGHTS FOR BUYERS
- You have more homes to choose from now—active listings are up over 40% in most counties.
- While prices are adjusting, they’re holding steady overall—so waiting might not mean lower prices, just more competition.
- More time on market means you don’t always have to rush—you can be thoughtful, but don’t delay if you love a property.
Header image courtesy of Rose Marie Minio. Regalia Condo #12. 19575 Collins Ave # 12 Sunny Isles Beach FL, 33160 | Preview this home here.
