June 2025 Was A Buyer’s Market
The June 2025 data confirms a clear market shift: Fort Lauderdale is experiencing a strong buyer’s market. Inventory is up, prices are softening, and motivated buyers are beginning to take action. Whether you’re considering buying or selling, understanding these trends is key to making informed real estate decisions.
Quick Read
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Inventory is increasing.
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Buyer activity is picking up.
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Pricing continues to soften.
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The market is favoring buyers—but sellers with strategic pricing and strong marketing can still find success.
Market at a Glance
Inventory
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Active listings increased by 18.8% year-over-year, offering buyers a wider range of options.
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Compared to May 2025, inventory dipped slightly by 3.1%, signaling that while supply is up, well-positioned homes are still moving.
Sales Activity
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The number of closed sales declined by 14.8% year-over-year and 8.6% month-over-month.
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Properties under contract rose by 20% compared to last month and 7.6% compared to the same time last year.
Pricing Trends
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Average Sold Price: $797,000 — down 15.3% from May and 18.3% from June 2024.
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Median Sold Price: $525,000 — down 2.8% from last month and 6.2% year-over-year.
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Average Price Per Square Foot: $492 — a decrease of 10.2% month-over-month and 15.3% year-over-year.
This chart illustrates the steady decline in value per square foot over the past year—a key indicator of softening property values and increased buyer leverage.
Market Timing
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The average property spent 83 days on market, unchanged from May but up 13.7% compared to last year.
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Sellers received 88% of their original list price on average, a modest increase from a year ago but still reflecting pricing pressure.
Months of Inventory and Absorption Rates
What is Absorption Rate?
Absorption rate measures how quickly available homes are selling in the market. It’s calculated by dividing the number of homes sold in a given month by the number of homes currently for sale. A lower rate indicates a slower sales pace—typically a buyer’s market—while a higher rate suggests stronger demand and a seller’s market.
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Buyer’s Market: Below 16.67%
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Neutral Market: 16.67% – 33.33%
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Seller’s Market: Above 33.33%
Current Conditions:
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Months of Inventory (Closed Sales): 11 — a 39.2% increase from June 2024.
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Absorption Rate (Closed Sales): 9.1% — down 27.7% year-over-year, confirming a slower pace of sales.
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Absorption Rate (Pended Sales): 11.1% — slightly stronger than closed sales but still well below seller-market levels.
These figures reinforce that Fort Lauderdale remains firmly in buyer-friendly territory—but well-priced, well-presented properties are still attracting serious attention.
Buyer and Seller Takeaways
For Buyers
This market presents real opportunities. With inventory rising and prices adjusting, buyers are in a strong position to negotiate favorable terms. The increase in pending sales suggests savvy buyers are taking advantage of current conditions before rates or competition shift.
For Sellers
While pricing has softened, serious buyers remain active—especially for homes that are well-presented and accurately priced. A customized marketing strategy and professional representation are more important than ever to stand out in a crowded market.
Ready to Make Your Move in the Fort Lauderdale area?
Whether you’re buying or selling, Luxury Living Fort Lauderdale is your trusted partner for exceptional results.
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✔ Get expert insight on market trends
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Contact us to start your journey today!
Reports are published July 2025, based on data available at the end of June 2025. This representation is based in whole or in part on data supplied by the Realtor Association of Miami, the Greater Fort Lauderdale Realtors, or the Southeast Florida Multiple Listing Service (MLS). Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Interpretation and summarization of the data was provided my Luxury Living Fort Lauderdale.
