Fast-forward to 2025, and the Sunshine State has flipped into a full-blown buyer’s market — an unthinkable shift just a few years back.
From Boom to Balance
The pandemic triggered a frenzy: mass migration, rapid construction, and sky-high demand. But today, oversupply, rising insurance and HOA fees, and broader economic uncertainty have changed the game. Homes aren’t selling like they used to, and buyers now hold the upper hand.
Miami, Orlando, Jacksonville, and Tampa — once the poster children of America’s hottest market — are now firmly in buyer’s market territory. That means more listings, longer selling times, and falling prices.
Why This Matters
- Inventory is soaring: Florida now makes up 15% of all U.S. home listings. Miami leads with nearly 10 months of supply.
- Prices are cooling: Miami’s median home price dipped 4.7% year-over-year to $510,000, while Orlando fell 3.4% to $429,473.
- Buyers have leverage: More supply means more negotiating power, from price reductions to closing concessions.
The Bigger Picture
While this is welcome news for buyers, it may also signal economic caution ahead. History shows that buyer’s markets often precede slowdowns or corrections, just like before the 2008 housing crash. Experts warn that further price drops could be coming as consumer sentiment weakens.
How Lendworth USA Can Help
If you’re considering buying, refinancing, or investing in Florida real estate, timing and strategy are everything. At Lendworth USA, we specialize in tailored mortgage solutions — from first-time buyer financing to equity-based lending — designed to help you move confidently in today’s shifting market.
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