Florida, Miami-Dade & Broward Housing Market Report: Summer 2025 Insights

Florida, Miami-Dade & Broward Housing Market Report: Summer 2025 Insights

Anthony Spitaleri, Licensed Florida Broker Associate | Relocation Specialist

Helping You Make South Florida Home

 

As we move into summer 2025, the South Florida housing picture is shaping up with clear trends emerging across Miami-Dade and Broward counties. Official data from Miami REALTORS® and Broward/Palm Beach Realtors® offers valuable clarity for anyone considering buying, selling, renting, or investing.

 

Miami-Dade County (June 2025)

Home listings rose ~6.2% from May to 20,369 active homes, while closed/pending sales dropped 20.3% to 1,457  .

  • 78% of sales occurred below asking price—a market ripe for negotiation  .

  • Average days on market: 77 days, up 18.3% YoY  .

 

Broward County (June 2025)

Active inventory increased ~7.9% MoM to 12,512 homes, while transactions (sold/pending) fell 23.6% to 903  .

  • 76% sold under asking price, offering leverage to buyers  .

  • Average days on market: 62 days, up 18.5% YoY  .

Key Statewide & Regional Insights

  • Miami-Fort Lauderdale-Pompano ranked #2 U.S. housing market in 2025, projecting sales growth of ~24% and price appreciation near 9%  .

  • Broward single-family home prices surged ~8.8% YoY by December 2024, from $570K to $620K  .

  • Condo prices in Broward also rose ~3% YoY to $283K  .

 

What This Means For You

Buyers: With nearly 80% of sales below asking and rising days on market, negotiation power is growing. Ideal time if you’re seeking value in Miami-Dade or Broward, particularly for move-in ready or single-story homes.

 

Sellers: Prices remain strong, but proper pricing is essential. Homes staged and marketed well under $700K still attract buyers. Consider offering incentives like rate buy-downs as competition increases  .

 

Investors & Landlords: With rising inventory, rental demand remains robust despite cooling home sales. Broward’s shorter days on market and lower price points could yield better cash-flow compared to Miami‑Dade.

 

Your Next Steps

If relocating, buying, selling, or investing in South Florida, act with insight:

  1. Understand local inventory and pricing trends.

  2. Negotiate smart, especially with so many homes selling below list.

  3. Optimize your sale with staging and flexible terms.

  4. Evaluate investments, focusing on Broward for yield, and Miami for long-term appreciation.

 

Ready to get started? Book your personalized consultation today: https://calendly.com/anthonyspitaleri/livinginmiamisurvey

 

I’m Anthony Spitaleri, licensed Florida Broker Associate and Relocation Specialist. Let me guide your journey in the vibrant Miami–Broward market.

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