Market Snapshot (Tri-County Area)
Median Sales Price
$615,000
+4.2% Year over Year
Active Inventory
12,500
+12.5% Year over Year
Days on Market
42 Days
Slightly longer than last year
Months of Supply
4.1
Balanced Market
Median Sales Price Trends
Active Listings (Tri-County)
Expert Market Analysis
What This Means for Sellers
While inventory has slightly increased, South Florida remains a highly desirable market with strong buyer demand. Prices are holding steady and even appreciating in premium waterfront and luxury condo sectors.
The Takeaway: Proper pricing and elite marketing are more important than ever. Homes that are priced accurately and presented beautifully are still selling quickly.
What This Means for Buyers
Buyers are seeing more options hit the market, providing slightly more negotiating power than in previous years. We are seeing a more balanced market with opportunities to secure favorable terms, especially in the pre-construction sector.
The Takeaway: Don't wait for prices to drop significantly—South Florida's global appeal keeps demand high. Focus on finding the right property and negotiating strong terms.
