There are now more home sellers than buyers in Florida’s largest cities, according to a report from real estate brokerage Redfin.
In Florida and across the country, 44 percent more people want to sell than buy a home, Reddin said.
This number is currently up 30% compared to last year and is the second largest difference on record dating back to 2013. The biggest difference was as recently as December 2025, when the number of sellers outnumbered buyers by 45%.
Here is a list of the percentages in Florida where the number of sellers exceeds the number of buyers.
Miami, Florida 159%
Fort Lauderdale, Florida 128%
West Palm Beach, Florida 98%
Tampa, Florida 85%
Orlando, Florida 63%
Jacksonville, Florida 61%
Current population gap may reduce potential homebuyers
“When there are more sellers than buyers, the buyers typically have more negotiating power because they have more options. That’s why a market where there are far more sellers than buyers is considered a buyer’s market,” Redfin said.
But the flip side of the coin is that some Floridians considering buying a home may still be waiting and waiting.
White Florida and Texas are still seeing more home construction than other states, and Florida is still grappling with increasing natural disasters like hurricanes, rising insurance premiums, and rising HOA fees for condos.
HOA fees are seen as one of the reasons some homeowners move out, especially in Miami. Redfin said the city often appears to be a buyer’s market because of its large housing supply, but that may also be due to the high number of condos.
“It’s a buyer’s market only for those who can afford it. High housing costs and economic uncertainty are turning away many home seekers and creating an imbalance between buyers and sellers,” Redfin said.
Property analysts also acknowledge that potential buyers are holding back as prices remain high, mortgage rates are high, layoffs are widespread, and economic and political uncertainty continues to rise in the Middle East.
