August 24, 2025 — Florida
Miami’s housing market is seeing a strategic slowdown—not a retreat. According to Realtor.com’s July report, the city now leads the nation in home delistings, with 59 properties removed from the market for every 100 new listings. That’s more than double the ratio recorded in May.

But experts say this isn’t a sign of panic—it’s a calculated pause. Sellers are holding off until South Florida’s busy season kicks off in October and November, hoping for stronger returns. “It’s a natural cycle,” says Joe Azar, managing director at Douglas Elliman. “Tightened inventory can actually create urgency among buyers.”

Rather than slashing prices, many homeowners are opting to rent, renovate, or wait until new construction is complete. Builders are also pulling listings temporarily to showcase finished products that better appeal to high-end buyers.

Older inventory—especially outdated condos and resale homes—is being quietly withdrawn, with owners choosing to upgrade or lease instead. One Coconut Grove homeowner reportedly delisted a $6 million property to remodel before relaunching in the fall.

Despite the pause, demand remains strong. Buyers from New York, California, Chicago, and abroad continue to flock to Florida for its tax benefits, lifestyle, and growing reputation as a global wealth hub.