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Seven housing markets throughout the country were described as the markets of the buyers because they had at least six months in June, according to a recent report from Realtor.com.
In particular, three markets, Miami and Orlando in Florida, as well as Austin, Texas, were striking because they had the highest months in the country in June. This means that buyers on those markets had the most leverage, according to the online real estate market.
Miami was at the top of the list of buyers market cities from all 50 subways followed by the company. The city had a stock of 9.7 months in June, which means that it would take almost 10 months to sell all offers at the current pace. That inventory has increased 35% compared to the same period in 2024.
A view of the skyline of the center of Miami. (JC Milhet/Hans Lucas/AFP via Getty Images/Getty Images)
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The median catalog price was $ 510,000 at that time, which is 4.7% lower than the previous year.
In Austin, Texas, which was ranked as the second best market for buyers, there was 7.7 months of stock in June. The reason that this city landed as the best cities is because the buyer’s demand was softened after the COVID-19 Pandemic tree, but the total number of houses for sale shot up, according to Realtor.com. Austin had compared the second large stock increase with the pre-pandemic levels, according to Realtor.com. Almost 33% of his entries also saw price reductions in June.
People walk and cycle on Lady Bird Lake Trail in the center of Austin, Texas. (Montinique Monroe / Bloomberg via Getty Images / Getty images)
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The typical house in the city of Texas was less than $ 500,000, a decrease of 4.8% compared to a year ago, according to Realtor.com.
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In Orlando there was 6.9 months delivery in June, making it the third best market for buyers. The Metro metro inventory rose nearly 34% years after year and the median listing price in Orlando also fell by 3.4% to $ 429,473.
A view from a neighborhood in Orlando, Florida, (Jeffrey Greenberg / Universal Images Group via Getty Images / Getty Images)
The city has been a buyer market since January when stock surpassed for six months.
Senior economist Jake Krimmel from RealTor.com said that all seven buyer -friendly subways have the same things in common: rising inventory and a delaying pace of sales, which means that more sellers compete with fewer buyers.
Krimmel said that this is regionally in accordance with much of the analysis of Reatlor.com in recent months.
“The housing market is particularly weak in the south and west, but especially in Florida. Seeing all four large subways of Florida as buyer markets was not surprising,” said Krimmel. “On the contrary, this confirms a lot of the softness that we have seen when it comes to rising inventory, on the market for a longer period of time and more price reductions and falling list prices and lagging growth on the list in those subways.”
A view of New York City when the sun sets. (Gary Hershorn / Getty Images / Getty images)
Krimmel said that there is also predictive power in months of delivery when it comes to where prices will move in the future. For example, each of our seven copper markets in June saw a price-per year price-per square foot. Miami in particular saw a decrease of 3.9%, Austin saw a decrease of 3.5%and New York also had a decrease of 3.5%.
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The top seven copper markets, according to Realtor.com:
Miami Fort Lauderdale-West Palm Beach, Florida
A view of the Biscayne Bay and the Skyline in the center of Miami in Florida. (Jeffrey Greenberg/UCG/Universal Images Group via Getty Images/Getty images)
- Active listing count year after year: +24.3%
- New list count year after year: -8.3%
- Median Catalog Prize: $ 500,000
- Median catalog price year after year: -5.7%
- Months of delivery (June 2025): 9.7
Austin-Round Rock-San Marcos, Texas
The skyline of Austin, Texas. ((Photo by Brandon Bell / Getty Images) / Getty Images)
- Active listing count year after year: +15.4%
- New list count year after year: +3.6%
- Median Catalog Prize: $ 499,000
- Median catalog price year after year: -5.0%
- Months of delivery (June 2025): 7.1
Orlando-Kissimmee-Sanford, Florida
A view of Lake Eola Park and the Skyline of Orlando, Florida. (Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images/Getty Images)
- Active listing count year after year: +19.5%
- New list count year after year: -10.7%
- Median Catalog Prize: $ 422,695
- Median catalog price year after year: -2.8%
- Months of delivery (June 2025): 6.9
New York-Newark-Jersey City, New York-New Jersey
The Manhattan skyline can be seen on sunrise of the 86th floor Observatory of the Empire State Building on April 3, 2021 in New York City. (Angela Weiss / AFP via Getty Images / Getty images)
- Active listing count year after year: +7.7%
- New list count year after year: +6.5%
- Median Catalog Prize: $ 760,000
- Median catalog price year after year: +0.1%
- Months of delivery (June 2025): 6.7
Jacksonville, Florida
A view of the skyline of the center of Jacksonville, Florida Skyline. (Istock / Istock)
- Active listing count year after year: +12.0%
- New list count year after year: -4.3%
- Median Catalog Prize: $ 399,000
- Median catalog price year after year: -2.6%
- Months of delivery (June 2025): 6.3
Tampa-st. Petersburg-Clearwater, Florida
Tampa Bay Skyline, Florida (Joe Sohm/Visions of America/Universal Images Group via Getty Images/Getty Images)
- Active listing count year after year: +16.3%
- New list count year after year: -7.6%
- Median Catalog Prize: $ 415,000
- Median catalog price year after year: 0.0%
- Months of delivery (June 2025): 6.3
Riverside-San Bernardino-Ontario, California
A representation of Ontario, California. (Getty Images / Getty Images)
- Active listing count year after year: +30.4%
- New list count year after year: -3.3%
- Median Catalog Prize: $ 599,000
- Median catalog price year after year: 0.0%
- Months of delivery (June 2025): 6.1
