Some of the hottest markets in the country are showing signs that may be in trouble as the houses extend to the market -and they form metros with flowers leaking are not unique in any way.
Among the 50 largest areas of the US subway, 39 houses saw longer than last year, according to Realtor.com® June 2025 housing report.
The four regions – the south, the northeast, the Midwest and the West – saw timely growth in the market, reflecting the broader cooling trends, with the most sunny states seeing the longest slowdown.
Long year, houses in the south spent eight more days on average on the market; The West showed seven more days; Northeast three more days; And only Midwest was essentially the same with one more day, the second for its constant affordability, climate migration and lack of inventory.
And just over half (26) out of the top 50 markets are now seeing lists to be lowered over their average pre-fandemic average, with almost all in the south and west, according to the report. It is another indicator of geographical divergence in the market conditions of housing.
Where are you getting longer to sell?
These meters are seeing the longest time growth in the market market year by year:
Nashville, tn (+20 days)
Orlando, rs (+15 days)
Miami, rs (+15 days)
Tucson, AZ (+12 days)
It is not shocking that two of the four markets are in Florida, give the problems of the state of the sun with the highest condo tariffs, in the wake of the collapse of the champion towers, the costs of strict insurance or the difficulty of procurement, and the increase in extreme weather events.
“As soon as he is returning to normal, how it was pre-Covid,” says Jeff Lichtenstein, CEO of Echo Fine Properties in Miami, for Realtor.com. “Miami has been in the news recently for slowdowns in general, but it is mostly the second to the condo market. Homes are still being sold, though in a slower peace.”
Another factor has entered the mix: President Donald Trump’s blow to illegal immigration.
“Deportations and some foreigners who feel unwanted have stopped foreigners from happening,” Lichtenstein says. “This has slowed Miami, which is an international market dependent on South and Central America, Canada and other countries.”
Foreigners who would have previously bought a property for their children linked to the college in Florida are also scared, he says.
However, the agent sees hope on the horizon in the form of the candidate for mayor of New York City, Zohran Mamdani.
Lichtenstein adds that elections “have already sparked interest from New Yorkers and businesses to escape more taxes, as many of the New York City financial firms in Wall Street have already moved to Miami.”
Branden River of Propter Hunters in Miami Lakes say that while he clearly sees slowing in Condos, houses with a single family are still a hot commodity.
“There is a big difference between a single family and condo, the full ends of the spectrum,” he tells Realtor.com. “We still miss the quality inventory for the single family. Depending on the area, I still have houses sold before they are ranked even.”
And Jill Penman of an international assets of one/Sotheby, who sells in southern Florida, say buyers and sellers are caught in a dance of one that has little motivation to sell second to close at their death rates and the other
“They are not willing to pay and will remove it,” she tells these buyers.
As for Orlando, local agent Martin Orefice of Rentals to master the laboratories inventory is part of the problem – not necessarily its absence, but the inconsistency between what buyers want and what sellers have.
“Most houses in the market are huge and spent, and most people are looking for houses are new buyers of houses for the first time, many of whom work on local topics or recently graduated from UCF or other nearby universities,” he tells Realtor.com.
“People just can’t afford the houses offered. Even pensioners, the other large source of growth for us, are looking to shrink and live near the water.”
Good news for buyers
In general, agents see slowing as an opportunity to share Whee.
At a time when the American dream of owning a home is out of reach of so many, it can only be welcome news for buyers as sellers are forced to give up their inflated prices.
“I don’t think [the slowdown] It’s a bad thing, “Penman says. Simply grips real motivated sellers from those who are not serious. “
Realtor.com report matches that feeling.
“With the growth of inventory and houses that last longer to sell, the US housing market is undoubtedly moving in a friendly direction for the buyer,” the report notes, finding more price landing in 2025 than in Realtor.com. However, this signals selective discounts, not widespread lead.
In June, the price of the average national list held at $ 440,950, essentially flat since last month. However, prices have begun to fall west and south, with -8% and -9% fall, respectively.
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Image Source : nypost.com