The Key to Selling in Today's Market is Pricing , NOT Patience

Many  homeowners in Miami and the Florida Keys are learning that patience isn’t a selling strategy pricing is. Realtor.com reports that the typical home spent 60 days on the market in August, seven days longer than last year. With more inventory available, buyers have more choices, and homes that feel overpriced are sitting longer.

The average list price has been holding steady for the past few years, a sharp contrast to the rapid climb seen during 2021–2022. Sellers who still expect pandemic-era bidding wars may be disappointed. Today’s buyers are price sensitive and selective, especially in high-demand markets like Miami, Key Largo and Islamorada.

If your home isn’t moving, there are red flags to watch for: few showings, no offers , negative feedback, or more days on market than average in your area. These are strong signals that price not demand is the challenge.

The solution is to position your home where the market is today, not last year. Even a small adjustment can bring buyers through the door. And remember equity gains in South Florida remain strong. Most sellers in Miami and the Keys are still far ahead financially thanks to long-term appreciation.

In today’s market, realtors with The Selling Properties Group powered by LPT Realty know that the right pricing strategy makes all the difference. A well-priced home attracts attention, shortens days on market, and ensures a smoother sale.