Miami Homes Are Selling Below Asking

In Miami’s current market, we’re seeing homes close at an average of 5% below asking price — the largest discount among the nation’s major cities. As a broker who’s spent years negotiating in the Miami–Fort Lauderdale area, I can confirm that this trend stands out. Of the top 50 US housing markets, 38 are seeing homes sell below list price, but Miami leads for buyer-friendly pricing. In our city, buyers have even more leverage than the general Southern average, where discounts typically fall between 2% and 3%. This wider gap here means more negotiating power for those ready to make a move. For anyone considering buying in Miami, this is a time when sellers are increasingly open to negotiations, rather than holding out for bids above asking. Understanding how to use this leverage is key — and it’s where experienced negotiation makes all the difference.