MAJORITY OF LARGE U.S. HOUSING MARKETS SHIFTING IN BUYER’S FAVOR

via themortgagepoint.com—According to a recent survey by Realtor.com, just 26% of the country’s top property markets are still seller’s markets, while just over 60% have shifted into balanced or buyer-friendly territory. The results coincide with the launch of the Realtor.com Market Clock, a new tool intended to break through the clutter of housing data and provide buyers, sellers, and market observers with a better understanding of the current state and potential future directions of local markets.

According to the Realtor.com Market Clock, the national housing market is in a “balanced-loosening” phase at three o’clock, moving toward buyer-friendly circumstances but not necessarily getting there very soon. However, the country’s 50 largest metro areas, which today span almost the whole face of the clock, exhibit dramatic diversity, which is hidden by that national reading.

Some 13 (26%) of the top 50 metro areas are still seller’s markets, 23 (46%) are in balanced-loosening phases, eight (16%) are buyer’s markets, and six (12%) are in balanced-tightening terrain. This indicates that a small but significant portion of markets are actually moving back toward seller advantage.

“A national picture is useful, but when making a real estate decision, the local details are what really matter,” said Danielle Hale, Chief Economist at Realtor.com. “Right now, a homebuyer in…READ MORE

The Current Miami Springs Market

This week there are thirty-five (35) active listings in the MS/VG markets. Minor fluctuation from last week. More than 60% are priced over a million dollars. Of those, three (3) listings are over $2 million, and one is asking close to $4 million!

High prices remain, but I see demand picking up slowly.

I do expect a busy Spring buying/selling season. SELLERS, LIST NOW(!) if you are thinking about selling! There are still qualified Buyers out there! More increases in inventory in the months ahead?? I think so.

Mortgage interest rates have increased a bit. They are now about 6-6.1%. There are still qualified buyers looking for the right property. Timing is everything. Days on the market (DOM) are on average 72 days. Some houses sell quickly. It all depends on pricing, condition and location, location, location. The decrease in interest rates should result in increased sales activities. It is important to price the property right.

Inventory Breakdown:

There is one (1) property priced between $500,000-$600,000; four (4) properties are priced between $600,000-$700,000; three (3) between $700,000-$800,000; four (4) between $800,000-$900,000; two (2) are priced between $900,000-$1,000,000; seventeen (17) between $1-2 million; three (3) are listed for over $2 million; and one (1) is listed for over $3 million.

TIME TO BUY OR SELL? CALL US FOR AN EVALUATION

During the period of April 3, 2026 through April 10, 2026, there were reported 3 new listings, 2 closed sales, 0 pending sale, 2 active with contract, 1 expired listing, 1 cancelled listing, 1 temp off market, 3 price reductions, and 0 price increases.

HOW DOES YOUR HOUSE COMPARE?

The table below shows the current status of the Miami Springs/VG real estate market as of April 10, 2026. All closed sales are within the last 90 days.

*Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.

 A complete list of all the properties for sale in Miami Springs or any other area of 

Miami-Dade County can be sent to you on regular basis. 

Request it at:  charlie@leonardrealestategroup.com

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