South Florida Real Estate Market Update – June 2025
Brought to you by Scott Lehr – The Home Owners Listing Team
www.reallistingagent.com
Miami-Dade County – Condos & Townhomes
- Median Price: $445,000 (▲ 6.0%)
- Closed Sales: 945 (▼ 12.9%)
- Cash Sales: 466 (▼ 13.9%)
- Time to Contract: 68 days (▲ 36%)
- Active Listings: 13,046 (▲ 36.1%)
- Inventory Supply: 14.1 months (▲ 58.4%)
Insight: Inventory is surging and homes are taking longer to sell. Strategic pricing is crucial.
Miami-Dade County – Single Family Homes
- Median Price: $670,000 (▲ 2.0%)
- Closed Sales: 898 (▼ 7.0%)
- Time to Contract: 42 days (▲ 50%)
- Inventory: 5,669 homes (▲ 44.3%)
- Inventory Supply: 6.6 months (▲ 50%)
Insight: High supply with slower movement means more power for buyers. Sellers should invest in marketing and presentation.
Broward County – Condos & Townhomes
- Median Price: $269,950 (▼ 6.1%)
- Closed Sales: 908 (▼ 15.0%)
- Time to Contract: 63 days (▲ 40%)
- Active Listings: 11,686 (▲ 30.7%)
- Inventory Supply: 12.3 months (▲ 55.7%)
Insight: Prices are softening and inventory is climbing—ideal conditions for buyers ready to act.
Broward County – Single Family Homes
- Median Price: $629,950 (▼ 1.6%)
- Closed Sales: 1,030 (▼ 9.5%)
- Time to Contract: 42 days (▲ 55.6%)
- Active Listings: 5,897 (▲ 34.7%)
- Inventory Supply: 6.0 months (▲ 39.5%)
Insight: Slight drop in median prices, but competition is increasing. It’s a good time to make smart offers.
📊 Market Comparison Snapshot
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