Top Cities for Buyers’ Market
Buyer’s Markets in 2025: What Homebuyers Need to Know
The U.S. housing market is showing significant signs of cooling in many metro areas. According to recent Realtor.com data, seven major cities have crossed the threshold into what’s considered a buyer’s market—that means more supply, slower sales, and increased negotiating leverage for people wanting to buy a home. Realtor+3Realtor+3Realtor+3
Here’s a rundown of those cities, what being a buyer’s market means for you, and how to take advantage if you’re house hunting now.
Which Cities Are Now Buyer’s Markets
| City | Approximate Months of Supply* | What That Means for Buyers |
|---|---|---|
| Miami, FL | ~ 9.7 months | Lots of inventory, more time to shop, greater leverage to negotiate. |
| Austin, TX | ~ 7.1 months | Price cuts happening; more options for homes that were previously in high competition. |
| Orlando, FL | ~ 6.9 months | Inventory easing up; opportunity for better deals. |
| New York, NY | ~ 6.7 months | Slower sales; more negotiating power—especially outside ultra-high end segments. |
| Jacksonville, FL | ~ 6.3 months | More homes on market, more visibility, better odds for buyers. |
| Tampa, FL | ~ 6.3 months | Price reductions are more common; bargains possible. |
| Riverside, CA | ~ 6.1 months | Slower demand, more inventory—buyers can afford to be picky. |
* “Months of supply” = how many months it would take to sell all current active listings at the current rate of sales.
Key Trends & Why These Markets Shifted
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Inventory growth: Nationwide, active listings have increased significantly year over year.
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Delistings & price cuts: More sellers are pulling listings or reducing prices rather than waiting indefinitely.
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Longer time on market: Homes are, on average, staying on the market longer than they were in the pandemic–boom years.
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Affordable segments gaining power: Lower and mid-price brackets are seeing more negotiating room than luxury segments.
What Buyers Should Do in These Markets
If you’re looking to buy in one of these metros, here’s how to make the most of this shift:
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Get pre-approved: Having financing ready gives you credibility and speed.
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Watch for price reductions & delistings: These may indicate motivated sellers.
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Don’t rush; compare neighborhoods: Even in buyer’s markets, conditions vary a lot block-by-block.
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Use local experts: Realtors who know micro-markets can show you pockets with best value.
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Negotiate smartly: You might get concessions on closing costs, inspections, or minor repairs.
The housing market is clearly shifting. For many metros—especially in Florida, Texas, and parts of California—buyers now have more leverage than they’ve had in years. If you’re patient, do your homework, and move strategically, this can be one of the best windows to buy.
Thinking about buying in one of these cities? Whether it’s Miami, Tampa, Jacksonville, Austin, or Riverside—if you want help understanding local neighborhoods, getting negotiation tips, or seeing listings, I’d love to guide you.
Call Laura ASAP to find your dream place.
Phone: 786 – 457 – 8001
Email: [email protected]
