South Florida Real Estate Update June 2025

South Florida Real Estate Update June 2025

South Florida Real Estate Market Update – June 2025 | The Listing Team

South Florida Real Estate Market Update – June 2025

Brought to you by Scott Lehr – The Listing Team at RESF
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

June 2025 South Florida Median Home Prices Chart

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📞 Call Scott at 786-977-8542 or 📧 Email: Scott@ScottLehrRealtor.com

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