Right now, the Downtown Miami real estate market is firmly positioned as a buyer’s market—an environment where buyers hold greater negotiating power due to several key factors shaping the current landscape. Here are some essential indicators that help explain what’s happening in this area:
Inventory & Supply
One of the most telling indicators is the current inventory level. With 22 months of active inventory, supply far exceeds buyer demand—an unmistakable sign of a buyer’s market. For those looking to invest, this means more options to choose from and the ability to compare, negotiate, and secure better terms.
This level of supply also suggests that many sellers may be struggling to move their properties quickly and are being forced to adjust their pricing expectations.
Price Per Square Foot
The price per square foot has dropped 13%, from $817/SqFt in 2024 to $710/SqFt in 2025. This decline clearly reflects the slowdown in sales and the increase in available properties. Sellers are more willing to adjust prices to attract interest and close deals.
This trend benefits buyers—and presents a strong opportunity for investors to purchase real estate at more competitive prices than in recent years. For those looking to build long-term equity or generate rental income, the current price correction creates a compelling entry point.
Sales Volume & Days on Market
Sales volume is down 21% compared to Q2 of 2024, highlighting a drop in active buyer interest. Fewer buyers are rushing into decisions, leading to a more deliberate market with greater room for negotiation.
At the same time, the average days on market has increased by 9%, reaching 71 days. Properties are taking longer to sell, which gives buyers additional time to analyze opportunities without pressure—a major advantage compared to hotter, more competitive markets where listings move quickly.
Take Advantage of This Window
In this environment, buyers hold the strategic edge—especially those looking to purchase a property for personal use or as an investment. Investors aiming to maximize ROI are in a favorable position to secure properties at a discount.
With prices trending down and sellers more flexible, this is an ideal time to enter the market with a competitive advantage.
Downtown Miami is at a turning point—where supply is high, prices are adjusting, and the average time to sell is rising. These are the exact conditions that benefit buyers: more choices, more time, and more negotiation power.
If you’re thinking about exploring your investment options, comparing projects, or learning how to structure your purchase—with or without financing—don’t hesitate to reach out to Carolina Villabona, your trusted expert in the Miami real estate market.