A report from the real estate brokerage firm Redfin revealed that Florida’s largest cities currently have more home sellers than buyers.
Not just in Florida but throughout the country, Redin says there are 44% more people wanting to sell their homes than those buying.
That number has jumped by 30% compared to last year at this time and is the second largest gap on record, going back to 2013. The largest gap was just recently in December 2025, when sellers outnumbered buyers by 45%.
In Florida, here is a list of percentages where sellers outnumber buyers
Miami, FL 159%
Fort Lauderdale, FL 128%
West Palm Beach, FL 98%
Tampa, FL 85%
Orlando, FL 63%
Jacksonville, FL 61%
With the current number gap, this could potential home purchasers
“When sellers outnumber buyers, buyers typically hold the negotiating power because they have a lot of options to choose from. That’s why a market with a lot more sellers than buyers is considered a buyer’s market,” said Redfin.
But the flip side is that some Floridians looking to purchase a home still may be waiting on the sidelines.
White Florida and Texas are still seeing growth in building more homes than other states, Florida is still dealing with intensifying natural disasters such as hurricanes, soaring insurance premiums, and rising condo HOA fees.
HOA fees are seen as one of the reasons why some homeowners are leaving, especially in Miami. Redfin says the city frequently appears to be a buyer’s market because it has ample housing supply, which could be partly due to the high number of condos.
“It’s only a buyer’s market for those who can afford to buy. High housing costs and economic uncertainty have caused many house hunters to retreat, creating an imbalance of buyers and sellers,” said Redfin.
Real estate analysts also acknowledge that potential buyers are holding off because prices are still high, mortgage rates are high, layoffs are widespread, and mounting economic and political uncertainty in the Middle East persists.
