Discover Miami real estate trends for June 2025: prices, inventory, square footage value, and market insights for buyers and investors.

In June 2025, the Miami real estate market 2025 shows clear signs of stabilization: average prices remain around $985,000 for closed properties, with an inventory of 3,407 active listings.

1. Prices and Discounts

The Miami real estate market continues to reflect subtle yet meaningful adjustments in both pricing and negotiation dynamics. In June 2025, the average closing price for sold properties was $985,000, a figure that highlights the strength of the mid-to-high-end market segments. On the other hand, active listings maintain an average asking price of $1.2 million, showing a clear gap between seller expectations and what buyers are willing to pay.

This gap translates into an average discount of 6% during the negotiation process, suggesting that buyers currently have greater leverage in influencing final prices. This discount margin is particularly relevant in higher-value properties where negotiations are often more aggressive. The combination of growing inventory and longer time on the market is driving this type of price adjustment.

2. Price per Square Foot and Time on Market

Price per square foot is a key metric in evaluating the relative value of a property, especially in areas with a high concentration of similar units, such as Brickell, Edgewater, or Downtown. In June 2025, the average price per square foot was $719 for closed properties and $734 for active listings. This difference can be interpreted as a sign of overpricing on some listings or, alternatively, as an opportunity for buyers who can negotiate effectively.

Regarding time on the market, closed properties were listed for an average of 125 days before being sold. In contrast, active listings have been on the market for 167 days, reinforcing the idea of a transitioning market where buyers are evaluating their options more carefully and sellers must be more strategic with pricing and presentation.

3. Volume, Commissions, and Inventory

The total sales volume recorded over the past 12 months reached $2.668.2 billion, from 2,707 closed transactions. This reflects a dynamic and active market, despite challenging macroeconomic conditions affecting the sector nationwide. The commissions generated from these deals totaled $11.5 million, underlining the economic value the Miami real estate market continues to create for brokers and agencies.

As for inventory, with 3,407 active properties and a relatively steady absorption rate, Miami maintains approximately 12 months of inventory. This positions the market as balanced but slightly leaning in favor of buyers. In markets where inventory exceeds 6-9 months, sellers tend to be more flexible, which is ideal for investors and buyers seeking favorable negotiation conditions.

4. Property Types and Features

Two-bedroom properties account for 37.9% of closed sales, followed by one-bedroom units (23.2%) and three-bedroom homes (22.8%). Sizes range from 546 to 4,361 sq.ft., and the average age of closed properties mainly dates back to the 1960s and 70s.

With 12 months of inventory and average discounts of 6%, Miami offers opportunities for both investors and end buyers.

Editor of NegocioMiami

5. Top Areas by Sales Volume

The areas with the highest total closed volume include:

• BAY POINT: $79.5M across 8 transactions (11% average discount)
• GROVENOR HOUSE CONDO: $37.3M from 7 sales
• 900 BISCAYNE BAY CONDO: $23.6M with total commissions of $141K

Conclusion and Recommendations

In June 2025, the Miami real estate market 2025 presents a solid opportunity for buyers: sufficient inventory, negotiable discounts, and a steady sales pace. If you're considering purchasing or investing, focus on two- or three-bedroom properties in high-demand areas like Bay Point or Brickell.

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Frequently Asked Questions (FAQs)

Is the average 6% discount a good opportunity?

Yes. A 6% average discount off the listed price indicates room for negotiation, especially in a market currently leaning in favor of buyers.

How long do properties typically stay on the market?

Active listings average 167 days on the market, giving buyers ample time to evaluate options before making a move.

Which types of properties are in highest demand?

Two- and three-bedroom units lead the sales, representing more than 60% of transactions, with pricing that balances size, location, and overall value.