In recent months, I’ve received the same question from many clients — both local and international:
“Adriana, is it true that the Miami real estate market is crashing?”
It’s normal for news headlines and social media to create uncertainty. But as someone who lives and breathes this market every day, I want to give you a clear and realistic perspective.
No, the Miami real estate market is not crashing. What we are seeing is a healthy adjustment after several years of rapid price increases.
Here are some key facts:
Prices are not plummeting; in many segments, they have simply stabilized.
Inventory has increased, meaning more options for buyers.
Well-located, well-presented properties are still selling quickly — often with multiple offers.
In short: this is not a crisis, but rather a more balanced market.
More opportunities to negotiate better prices and terms.
A larger inventory opens the door to neighborhoods and properties that weren’t available before.
Interest rates, while higher than in 2021, are still historically low compared to past decades.
For foreign buyers, this is an excellent moment to take advantage of the shift and secure a property with less competition and more time to decide.
Success now depends on strategy and presentation.
Your listing price must be realistic and supported by current data.
Professional marketing — photography, video, virtual tours, targeted advertising — is more important than ever to stand out.
A balanced market doesn’t mean you can’t sell well; it means you need a smarter plan.
I’m Adriana Briceno, Realtor® in Miami, and I’ve helped clients from all over the world buy and sell properties here.
I work closely with trusted legal and financial partners to make the process clear, transparent, and as comfortable as possible, without stress or surprises.
Miami’s market is not in free fall — it’s evolving. And in every market evolution, there are opportunities for those who know where and how to find them.