South Florida Market Snapshot – June 2025 Data
_{Data source: realtor.com 
Monthly data updated on July 8, 2025 with data through June 2025.}

While inventory continues to rise year-over-year—up +44% in Miami-Dade, +37% in Broward, and +23% in Palm Beach—median prices remain steady, showing only slight month-over-month softening. This is expected for June, which typically marks the start of South Florida’s slower real estate season, when activity typically slows before picking up in the fall.

Homes are spending more time on the market than last year, with median days at 87 in Miami-Dade, 83 in Broward, and 81 in Palm Beach. Yet these timelines reflect a pace more aligned with pre-2020 norms—when 2 to 3 months on market was standard—and signal a return to a healthier, more deliberate environment.

While headlines may emphasize rising inventory or price adjustments, the data points to a stabilizing market, not one in distress. Buyers are more discerning, sellers are pricing more realistically, and real property value, home condition, and strategic presentation are once again central to closing a deal.

Header image courtesy of Yenny Hanley. 1010 Brickell Ave #2201, Miami, FL. View property here.