June 2025 Real Estate Market vs. June 2024: Why This Year’s Buyers Hold the Power

The South Florida real estate market has shifted dramatically in the last 12 months. If you were house-hunting in June 2024, you were facing higher prices, fewer seller incentives, and stiffer competition. Fast forward to June 2025, and the tables have turned. Buyers now hold the cards, and savvy home shoppers are locking in homes with significant savings, favorable terms, and less competition.

Let’s break down the market shift and why now is one of the best opportunities we’ve seen in years to buy your next home.

📊 June 2024 vs. June 2025: Year-Over-Year Market Stats

Home Inventory Levels:

• June 2024: Low to moderate inventory across Broward, Miami-Dade, and Palm Beach counties. Buyers were competing for fewer homes, which kept prices stable or increasing slightly.

• June 2025: Inventory has jumped significantly—up 30-40% in some price points and neighborhoods. Sellers who sat on the market too long are now more motivated to negotiate.

Average Sale Prices:

• June 2024: Sale prices were holding steady, and in some cases rising slightly compared to 2023.

• June 2025: Prices are starting to soften. Year-over-year data shows a 5-8% decrease in closed sale prices across many South Florida submarkets, depending on the city and property type.

Days on Market (DOM):

• June 2024: Homes were selling in about 25-30 days on average.

• June 2025: Average days on market has increased to 45-60 days, giving buyers more breathing room to make thoughtful decisions without rushing.

🏡 Why We’re in a Buyer’s Market Now

A buyer’s market occurs when there are more homes for sale than there are buyers actively purchasing. Right now, South Florida is experiencing this shift due to a mix of economic uncertainty, higher interest rates lingering from 2024, and sellers who bought during the frenzy of 2020-2022 now looking to exit.

Key Buyer Market Indicators Today:

• Elevated inventory levels in most neighborhoods.

• Fewer multiple offer situations.

• Sellers offering price reductions, closing cost credits, and seller-paid rate buydowns to entice buyers.

• Builder communities offering deep discounts on new construction and upgrade packages.

💰 Deep Discounts and Negotiation Power for Today’s Buyers

This market isn't just "good" for buyers—it's a rare opportunity to save tens of thousands of dollars on your next home purchase.

Here’s what we’re seeing right now:

• Seller Concessions: Many sellers are offering $10,000–$30,000+ in credits toward closing costs, repairs, or rate buydowns.

• Lower Contract Prices: With more inventory and fewer competing buyers, homes are selling below original list prices, sometimes by 5-10% or more.

• Flexible Terms: Buyers are negotiating favorable timelines, inspection periods, and even repairs prior to closing.

In June 2024, most buyers didn’t have these luxuries. Sellers were firmer on pricing, and concessions were rare unless the home was severely overpriced or flawed.

🔑 Why It’s a Smart Time to Buy — Even With Current Interest Rates

Some buyers are hesitant because rates are still higher than the historic lows of 2020-2021. But here’s the reality:

• You marry the house, date the rate — interest rates fluctuate, and you can refinance when rates drop.

• Home prices may stabilize or rise once rates decrease and more buyers re-enter the market.

• Buying now means you secure the home you love at a discount—and sellers are helping cover your upfront costs.

You’re also protecting yourself against potential future bidding wars when the market shifts back toward sellers, which many experts forecast for late 2025 or 2026.

🚨 Bottom Line: Don’t Miss This Window

If you’ve been waiting for the “perfect time” to buy, this is it. The combination of:

• Increased inventory

• Seller motivation

• Reduced prices

• Generous concessions

• Less buyer competition

…makes this one of the most buyer-friendly markets in years.

✅ Ready to Take Advantage?

If you want to capitalize on today’s buyer’s market in Broward, Miami-Dade, or Palm Beach County, I’ll help you:

• Find the best deals.

• Negotiate deep discounts and closing cost credits.

• Guide you through every step of the home buying process.

Let’s turn this market shift into your homeownership win.

📲 Call or text me today at 754-204-0069 or visit www.LiveDavieFL.com to start your home search.