Today’s South Florida Real Estate Digest — August 6, 2025
📰 Today’s South Florida Real Estate Digest — August 6, 2025
✔️ Quick Summary:
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Miami sellers delisting homes faster than anywhere in the U.S., with 59% of new listings pulled in June, even as prices cool. New York Post
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Florida home prices continue to fall, with Miami down ~3.8% year‑over‑year. Axios
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Big investment momentum: Miami positioning itself as a global business hub with surging commercial real estate activity. floridahome360.com+8Financial Times+8MIAMI REALTORS®+8
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New home resilience grants: Florida reopens free inspection program to harden homes against hurricanes. Wikipedia+11Axios+11Axios+11
🏘️ Local Market & Listings
Miami sellers are increasingly pulling listings off the market rather than lowering prices. Realtor.com data shows a staggering 59% delisting-to-new-listing ratio in June, far above the national average of 21%—a sign that many remain anchored to pre‑pandemic price expectations, even while inventory and days on market rise. Homes now linger an average of 88 days. New York Post
Meanwhile, home prices in Florida are trending downward—Miami’s median value is down 3.8% year-over-year, while Tampa has fallen nearly 6%. This nationwide divergence underscores increasing affordability in South Florida amid rising supply. Curbio+6Axios+6New York Post+6
💼 Commercial & Investment News
Miami continues to attract major global investors, bolstering its standing as a rising international business capital. New office developments, high-end hospitality projects, and expanding foreign headquarters reflect a booming real estate sector. Financial Times
In addition, multifamily and commercial deals remain active, including large deals like Mill Creek selling Miami apartments for $73M and Crow Holdings acquiring a Davie complex for $97M. Bisnow
🛠️ Homeowner Upgrades & Improvement Trends
Florida leads the U.S. in the desire for home renovations, ranking fourth overall. Energy efficiency, hurricane preparedness, and resale value remain top priorities. Florida Trend
New inspection and grant initiative:
The state has reopened the My Safe Florida Home program—launching on August 4, 2025—with free wind-mitigation inspections and grants up to $10K aimed at strengthening homes. Priority is given to older adults and low-income residents, but ALL homeowners can benefit from a free assessment that may lower insurance premiums. Axios+2Axios+2mysafeflhome.com+2
Other improvement tips gaining traction in South Florida:
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Impact-resistant doors/windows
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Roof reinforcement and smart HVAC upgrades
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Solar energy installations
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Modern outdoor spaces and landscaping tailored to tropical climates Bisnow+12Curbio+12Hotspots! Magazine+12Financial TimesNew York Post+2marcjulienhomes.com+2Hotspots! Magazine+2
🌍 Sustainability & Climate Impact
Coastal real estate remains vulnerable to sea level rise, with projections estimating that by 2100, up to 64,000 homes in Miami-Dade could face chronic flooding. Planning now for resilience and long-term value is increasingly vital. Wikipedia
Meanwhile, Babcock Ranch—Florida’s first solar-powered city—continues to pave the way for greener, smart living environments, offering inspiration for sustainable development in the region. Wikipedia
✅ Takeaway for Buyers, Sellers & Homeowners
Stakeholder | What’s Relevant for You |
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Buyers | More inventory plus cooling prices = better selection and negotiation room. |
Sellers | Miami’s pullback in delisting suggests price reductions may be necessary to attract buyers. |
Homeowners | Take advantage of free inspections & grants to mitigate wind risk and lower insurance costs. |
Investors | Miami’s growing global profile means continued opportunities across multifamily, luxury, and commercial. |
📞 Want tailored insights or property examples in your area?
William Gartin – Realtor® | eXp Realty
📱 305‑842‑6097
🌐 williamgartinrealestate.com
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