South Florida Housing Market Report
September 2025 | Miami-Dade & Broward County Insights
Welcome to the September 2025 South Florida Real Estate Market Report. This issue provides a detailed look at Miami-Dade and Broward County housing market trends — focusing on pricing, inventory, and buyer demand. Whether you’re buying, selling, or investing, these insights help you stay informed in one of the most competitive real estate markets in the country.
Market Overview
South Florida’s real estate market in September 2025 entered a balanced phase. Closed sales rose modestly while inventory expanded, especially among condos and townhomes. Single-family homes maintained strong value, underscoring resilient local demand.
Year-over-Year Sales Growth
Broward single-family homes led the region with +12.9% growth, while Miami-Dade saw a 6.9% increase. Condo markets stabilized, offering great opportunities for first-time buyers and investors seeking high-value properties.
Median Sales Price
The median home price remained firm at $665,000 in Miami-Dade and $626,500 in Broward. Condo medians hovered around $420,000 in Miami-Dade and $275,000 in Broward, sustaining regional affordability and confidence.
Active Listings
Active listings increased across South Florida. Miami-Dade condos reached 12,620, while Broward totaled 10,894. This expansion suggests a more competitive environment for sellers and greater choice for buyers.
Median Days to Contract
Homes are taking 50–75 days to go under contract — nearly double last year’s pace. Buyers benefit from more time to negotiate, while sellers should adjust strategies to maintain momentum.
Months of Inventory
Inventory levels climbed to 14.0 months for Miami-Dade condos and 11.6 months for Broward condos. Single-family markets hovered around 6 months, signaling a shift toward balance.
Key Takeaways
- Buyers: With increased inventory, buyers enjoy greater negotiation power and diverse options.
- Sellers: Price accurately and invest in presentation — first impressions still drive fast results.
- Investors: Condo markets present entry points with strong rental returns and mid-term growth potential.
