Miami Real Estate Market Insights – Mid-Year 2025

by Yuri M Kertzman

The first half of 2025 has brought notable shifts in the Florida single-family housing market, creating new dynamics and opportunities for buyers. Miami, as one of the most active hubs, reflects these broader trends.

📉 Prices Are Cooling
Since January, the average sales price has fallen 5.4% (from $643,000 to $608,000). This decline highlights a significant change: buyers now hold stronger negotiating power as we head into the second half of the year.

📊 Listings Hold Steady
While prices eased, new listings remained relatively stable, ranging between 33,000–36,000 per month. This consistency means inventory is still available, but buyers have more leverage in negotiations.

⏱ Faster Transactions
Another positive indicator is speed. The median time to contract dropped from 54 days in January to 44 days by May, showing that motivated buyers and sellers are closing deals more quickly.

🏡 A Buyer’s Market
Taken together, these shifts officially mark a buyer’s market in Miami and across Florida. For buyers, this means better pricing opportunities, stronger negotiation margins, and more favorable conditions to enter the market.

🔮 Looking AheadLooking into the second half of 2025, all eyes are on the Federal Reserve meeting in September. Market expectations point to possible interest rate cuts, which could further enhance affordability and stimulate demand.

💡 Strategic Advice for Buyers
Timing: June and July may offer the best price-to-options ratio before the late-summer slowdown.
Negotiation: Properties on the market for more than 45 days may accept 92–95% of list price.
Financing: With mortgage rates around 6.5%, adjustable-rate mortgages (ARMs) may be an option for buyers planning to refinance later.
Focus Areas: High-inventory counties such as Polk and Osceola can provide stronger opportunities.

✅ In short: Miami’s real estate market is shifting in favor of buyers, creating windows of opportunity that haven’t been seen in years. Staying informed and moving strategically can make all the difference in securing the right property at the right price.

Legal Notice:
This summary is provided strictly for informational purposes and has been prepared by Fifth Financial, NMLS 1821442. All
market data is obtained from third-party sources, including the Florida Realtors® Association, and is presented solely as a
summary for your general information. Fifth Financial does not guarantee the accuracy or completeness of this information and
assumes no responsibility for errors, omissions, or reliance on this report. Florida Realtors® Association.
Source: www.floridarealtors.org
Fuente: www.floridarealtors.org

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