Across the U.S., there are now 500,000 more sellers than buyers, according to a new report from Redfin.
“At no other point in records dating back to 2013 have sellers outnumbered buyers this much,” the report states. “In other words, it’s a buyer’s market.”
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Out of the top 50 metro areas, 31 are now buyer’s markets. And in the top 10 buyer’s markets, the percent of sellers far outpaces the percent of buyers.
Here’s a look at the top 10 markets where buyers have the best odds of scoring their dream homes.
Miami
Number of sellers: 21,672
Number of buyers: 7,280
Sellers vs. buyers (% difference): 197.7%
Median home sale price: $574,696
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West Palm Beach, Florida
Number of sellers: 18,075
Number of buyers: 6,409
Sellers vs. buyers (% difference): 182%
Median home sale price: $513,683
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Fort Lauderdale, Florida
Number of sellers: 21,018
Number of buyers: 7,525
Sellers vs. buyers (% difference): 179.3%
Median home sale price: $451,709
Austin, Texas
Number of sellers: 17,386
Number of buyers: 7,757
Sellers vs. buyers (% difference): 124.1%
Median home sale price: $433,990
Jacksonville, Florida
Number of sellers: 14,479
Number of buyers: 6,598
Sellers vs. buyers (% difference): 119.5%
Median home sale price: $368,311
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Tampa, Florida
Number of sellers: 26,917
Number of buyers: 12,313
Sellers vs. buyers (% difference): 118.6%
Median home sale price: $371,028
Phoenix
Number of sellers: 32,418
Number of buyers: 16,159
Sellers vs. buyers (% difference): 100.6%
Median home sale price: $452,290
Las Vegas
Number of sellers: 13,814
Number of buyers: 7,192
Sellers vs. buyers (% difference): 92.1%
Median home sale price: $448,605
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Orlando, Florida
Number of sellers: 19,555
Number of buyers: 10,184
Sellers vs. buyers (% difference): 92%
Median home sale price: $407,411
Nashville, Tennessee
Number of sellers: 14,935
Number of buyers: 7,859
Sellers vs. buyers (% difference): 90%
Median home sale price: $467,178
Editor’s note: Data was sourced from Redfin and is accurate as of April 2025.
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This article originally appeared on GOBankingRates.com: It’s Now a Buyer’s Market in These 10 Cities — 6 Are in Florida
