June Housing Inventory Rises While Sellers Hit Pause: What It Means for Miami and South Broward Real Estate

If you’ve been watching the South Florida real estate market and wondering whether it's a good time to buy or sell, the latest housing data offers some clarity and some surprises.

Across Florida, housing inventory climbed again in June 2025, but at the same time, more sellers are pulling their listings off the market. This mix of growing supply and rising delistings paints a more nuanced picture of the market than you might expect from the headlines.

So what does this mean if you're buying, selling, or simply tracking trends in places like Miami, Kendall, Palmetto Bay, Coral Gables, Pembroke Pines, and Miramar? Let’s break it down and take a local look.

What the June Numbers Say: Florida's Housing Market by the Data

According to Florida Realtors’ latest report:

• Active inventory across the state rose 36.4% year over year
  
  
• New listings were up 8.8% compared to June 2024
  
  
• Pending sales dropped 4.6% from the same time last year
  
  
• Closed sales dipped 3.5%
  
  
• Delistings surged 26.6% year over year
  
  

This means more homes are available for buyers, but at the same time, a rising number of sellers are choosing to pull their listings rather than let them sit idle.

Why Are Sellers Delisting?

Rising delistings can be a sign of frustration. Many sellers, especially those who locked in ultra-low mortgage rates during the pandemic, are finding that today’s higher rates and cooled demand are creating a less favorable selling environment.

Some homeowners are deciding it’s not worth selling right now unless they can get top dollar. Others may be choosing to rent out their homes instead or wait for the market to shift.

In places like Coral Gables, Pinecrest, or Doral, where high-end homes often take longer to sell, this trend is showing up with increased days on market stats and sellers choosing to quietly bow out.

How This Impacts the Miami and South Broward Real Estate Market

Let’s localize the story.

In Miami-Dade, we're seeing similar patterns. Inventory in areas like Homestead, West Kendall, and Miami Lakes has grown slightly, but buyers are still pickier, often looking for value and move-in ready condition.

In South Broward, cities like Pembroke Pines, Hollywood, and Miramar have seen a small uptick in active listings. However, more homeowners are choosing to delist rather than continue price drops. The difference between aspirational listing prices and what buyers are willing to pay has grown wider.

That said, it’s still a good market for motivated sellers who understand how to price competitively. And it’s a window of opportunity for serious buyers who are prepared and ready to act.

For Home Sellers: What You Should Know

If you’ve been thinking about selling your home in South Florida, here’s the good news: competition is still low compared to pre-pandemic levels, and well-presented homes that are priced correctly are still moving.

But it’s no longer a seller’s market across the board. In today’s environment:

• Overpricing leads to longer days on market and potential delisting
  
  
• Buyers are taking their time and negotiating more aggressively
  
  
• Presentation and strategy matter more than ever
  
  

Want to know what your home is worth in today’s market?
Use our Free Home Valuation Tool to get a quick estimate.

Or schedule a Free Seller Consultation with The Suarez Team. We’ll help you understand local trends and walk you through your options.

🔑 For Buyers: This Could Be Your Moment

Buyers are often cautious in shifting markets, but the current environment in Miami-Dade and South Broward gives you more room to breathe.

• There’s more inventory than last year, which means more choices
  
  
• Sellers are more open to negotiation
  
  
• Interest rates, while higher, have seen some recent stabilization
  
  

If you’re looking for price reductions, off-market deals, or bank-owned properties, now is a great time to explore.

🔍 Start browsing homes now on our Property Search Page
💰 Curious about your monthly payments? Try our Mortgage Calculator

The Psychology Behind Delistings: What Buyers and Sellers Are Thinking

Many homeowners are playing the waiting game, hoping for either lower rates or better comps. This creates an artificial cap on inventory, which keeps prices from dropping dramatically even when demand slows.

Buyers, on the other hand, are taking longer to decide, not just because of affordability issues but also because they know time is finally on their side.

The gap between buyer expectations and seller hopes is widening. The agents who succeed now are the ones who know how to bridge that gap through honest pricing, smart marketing, and strong negotiation.

That’s what we do every day at The Suarez Team.

Local Perspective from the Ground

We’re seeing homes in Cutler Bay, Kendall, and Homestead that were sitting for 45 to 60 days suddenly get offers after price adjustments.

In Palmetto Bay and Coral Gables, staging and pro photography are making a huge difference in getting homes under contract.

In Miramar and Pembroke Pines, buyer demand is strongest under $600,000, especially for properties that need minimal work and are FHA-friendly.

Every city and price point behaves differently. That’s why personalized advice is more valuable than ever right now.

Final Thoughts: What This Means for You

The June housing update indicates that we’re in a transitional market, not a stagnant one.

If you’re a seller in Miami or South Broward, this is a moment to reassess your pricing, upgrade your marketing, and work with a team that understands how to attract today’s more cautious buyers.

If you’re a buyer, this is a great time to shop with leverage. There’s more room to negotiate, and more sellers are willing to make deals before pulling their listings.

Either way, our job is to help you make the most of this moment with smart advice, accurate data, and strategic support.

Let’s Take the Next Step Together

✅ Selling? Find out what your home is worth
✅ Want expert advice? Schedule your free seller consultation
✅ Buying? Browse homes for sale in Miami-Dade and Broward
✅ Need numbers? Use our mortgage calculator

Ready to make a move? Let’s talk. The Suarez Team is here to help you buy, sell, or invest in South Florida with clarity and confidence.

About Julio N Suarez and Silvia M Suarez - The Suarez Team
We’re Julio and Silvia Suarez, a husband-and-wife real estate team serving Miami-Dade and South Broward. With nearly 20 years of experience and a deep passion for helping people buy, sell, and invest in residential real estate, we’re here to guide you every step of the way, with local knowledge, honest advice, and personalized care.

📍 Based in South Florida | Licensed with LPT Realty
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