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 adjusting with strength and resilience. Inventory levels continue to grow, giving buyers more choices while keeping the market dynamic. Active listings are up significantly year-over-year—+44% in Miami-Dade, +46% in Broward, and +30% in Palm Beach—a strong signal of increased seller confidence and movement in the market. Despite slight adjustments in pricing, median listing prices remain stable, and new listings are trending upward in most areas, reflecting continued seller interest. While days on market have increased modestly, this is expected in a balancing market and can offer buyers more room to evaluate options. Altogether, South Florida continues to show healthy activity and steady momentum—positioning both buyers and sellers for opportunities this spring.
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.
