South Florida homeowners have enjoyed several years of high demand, quick sales, and record-setting prices. But in 2025, signs of a cooling market are emerging—especially in places like Sunrise, Fort Lauderdale, and parts of Miami-Dade County. If you’re thinking about selling, it’s important to understand how the market is shifting and how you can still sell with success.
More Listings, Fewer Bidding Wars
Inventory across South Florida is rising. According to Florida Realtors, active listings in Broward and Miami-Dade counties have increased year over year, giving buyers more choices and reducing the urgency that once drove bidding wars.
Source: www.floridarealtors.org/news-media/news-articles/2025/05/april-2025-market-report
If you’re planning to real estate agent to sell my house, pricing and presentation are now more important than ever. Homes that are overpriced or underprepared are sitting longer than they did just one year ago.
Buyers Are Canceling Deals More Frequently
According to Redfin, about 17.4% of nationwide home-purchase agreements were canceled in April 2025—the highest level since late 2022.
Source: www.redfin.com/news/home-purchase-cancellations-april-2025
In South Florida, where insurance premiums and inspection concerns are common, cancellations are rising too. That’s why I help sellers prepare thoroughly—handling disclosures, insurance readiness, and contract details so your deal doesn’t fall apart last-minute.
Mortgage Delinquencies Stay Low in Florida
Despite the market shift, this isn’t 2008. Most homeowners are still in good financial standing. According to the Mortgage Bankers Association, Florida’s serious mortgage delinquency rate in Q1 2025 remains under 1%, among the lowest in the country.
Source: www.mba.org/news-and-research
This confirms that the current slowdown is a return to balance, not a crash. Homes are still selling—but sellers need to be more strategic.
What Sellers in Sunrise and Beyond Should Expect
Buyers today are less aggressive and more selective. They’re factoring in insurance rates, potential repairs, and whether a property is move-in ready. Data from Realtor.com shows median days on market are climbing in South Florida metro areas, with homes in Broward County averaging 49+ days.
Source: www.realtor.com/research/market-trends
That means if your home isn’t priced right or doesn’t shine online, it may sit longer than expected. I work with homeowners to get ahead of these challenges—from prep to pricing.
Why Pricing Your Home Right Matters More Than Ever
In today’s South Florida market, pricing your home correctly is one of the most important decisions you’ll make. With more listings available and buyers becoming more selective, overpricing can push your home to the bottom of their list. According to Zillow, homes priced right from the start sell faster and closer to asking price, while overpriced listings tend to sit longer and often require price cuts—ultimately selling for less.
Source: www.zillow.com/sellers-guide/pricing-your-home-to-sell
When you work with me, I use current local data—not guesswork—to price your home competitively and attract the right buyers from day one. This gives you the best chance to sell quickly and for top value, without sitting on the market or chasing offers.
Sell With Confidence, Even in a Shifting Market
Selling in today’s market means having a clear plan. Whether your property is in pristine condition or needs a little help, I’ll create a custom strategy that helps you reach serious buyers and avoid costly delays. My local knowledge, professional photography, and listing experience help you stand out in a crowded market.
Let’s Talk About Your Home in South Florida
Thinking of selling in Sunrise, Fort Lauderdale, or Miami? Let’s have a conversation. Visit www.michelstephaneleys.comor call 786-721-2381 for a free home value consultation and smart selling strategy tailored to the 2025 market.
