August 2025 Real Estate Market Update

Home Price Growth Slows Sharply

• The S&P CoreLogic Case‑Shiller 20‑city index saw a 0.3% month-over-month decline in June 2025, with annual growth slowing to 2.1%, the softest pace in two years. On a national level, home prices fell 0.3% in June and rose just 1.9% year-over-year, lagging broader inflation rates—highlighting the erosion of real housing wealth. interconnectmortgage.comMidland Daily News+15MarketWatch+15SFGATE+15

Widening Regional Disparities

• Zillow data reveals a bifurcated housing market: home values are rising in the Midwest and Northeast, while metros in the South and West—including Tampa, Austin, and Miami—are seeing notable declines. Midland Daily News+2New York Post+2

• Price drops have deepened in cities like Miami, where home values continue to slide, adding to a broader trend of moderation. CBS News+10YouTube+10New York Post+10

Market Normalization & Affordability Opportunities

• Realtor.com reports that home listings are staying live longer, prices have stabilized, and more inventory is available—creating a more balanced playing field for buyers. SFGATE

• According to Cotality, June's national year-over-year price growth dipped to 1.7%, well below the inflation rate—suggesting improving real affordability. Vox+15Cotality+15MarketWatch+15

• Investopedia highlights improved affordability in 11 larger U.S. metros—especially fast‑growing Sun Belt cities like Jacksonville, West Palm Beach, and Oakland—thanks to stronger housing supply.

South Florida & Statewide Overview

• Market Softening & Buyer Leverage

  • Florida's median home price sits around $412,000, down about 3.5% year-over-year. Zillow's average home value of ~$382,136 reflects a nearly 5% drop. Inventory has surged 24%, and asking prices are less likely to be met—74% of homes are closing under list price. Homes now average 53 days on market, signaling a cooling and more measured pace. interconnectmortgage.com

• Regional Trends & Inventory Dynamics

  • In Naples, median prices (≈$590,000) remain steady, but homes linger on the market for 100+ days, showing that buyers are more selective, even as pending sales tick upward. Jared Jones Real Estate Team+7CBS News+7Wikipedia+7interconnectmortgage.com

  • Across Zillow and regional forecasts, inventory is clearly up, allowing buyers more breathing room—an encouraging shift from previous years’ frenzy.