What Rising Delistings Mean for the South Florida Real Estate Market in 2025
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A growing number of homeowners are choosing to pull their listings from the market. Nationwide, delistings jumped 47% year-over-year in May, according to a recent Realtor.com report. In South Florida, the effects are beginning to show, especially in cities like Miami, where median home prices have dropped by nearly 5% year-over-year.
Across the country, sellers are stepping away from the market rather than lowering their prices. With historically low mortgage rates and high home equity, many feel no urgency to sell at a discount. Sellers remain fixed on peak-pandemic price expectations, while buyers are facing higher interest rates and greater inventory.
This mismatch in pricing and willingness to negotiate has created a standoff. As a result, many…
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