Are Homes Still Overpriced? Why the Market Is Shifting

Is the U.S. housing market finally giving buyers a break?
As inventory grows and prices ease in key regions, many homes that were once overpriced are starting to tell a different story — and that matters whether you’re selling, buying, investing, or simply tracking Fort Lauderdale trends.

The latest Realtor.com housing data reveals a market that’s continuing to evolve, and understanding where overpricing persists — and where it’s correcting — can help you make smarter real estate decisions. 


 

📈 Inventory Climbs Again, But Growth Is Slowing

In November 2025, active listings nationwide rose 12.6% year-over-year, marking the 25th consecutive month of increasing inventory. Homes for sale have topped 1 million listings, but the pace of inventory growth is slowing compared to earlier in the year.

What this means:
✔️ More options for buyers
✔️ Less pressure on sellers to chase bidding wars
✔️ An environment where price discipline matters more than ever

When inventory climbs but sales lag and average days on market rise, overpriced homes tend to sit longer — and both buyers and sellers must adjust expectations.


 

💰 Prices Easing and Homes Staying on Market Longer

According to Realtor.com, the November 2025 median listing price ticked down -0.4% year-over-year, while homes are taking about 3 days longer on average to sell. 

Across the market:
🔹 More listings are active longer
🔹 Homes priced too high are less competitive
🔹 Delistings remain elevated as stubborn pricing meets hesitant buyers

It’s no surprise that overpriced homes are no longer flying off the market — especially in regions where affordability pressures and economic headwinds are pushing buyers toward value and strategy.


 

🔄 Regional Shifts: Buyers Seeking Value

Even as national inventory grows, a noticeable shift is happening: buyers are flocking to what Realtor.com calls “refuge markets” — more affordable metros where homes offer better price per square foot and attainable monthly payments.

This means overpriced homes in bigger markets or high-cost coastal regions can be at a disadvantage unless price points reflect real market demand.


 

📍 Fort Lauderdale Outlook: What This Means Locally

Here in Fort Lauderdale and South Florida, we’re feeling similar trends:

  • Inventory is up — more options means less rush to buy at any price

  • Prices are stabilizing — modest adjustments instead of dramatic runs

  • Homes that are overpriced relative to comps and market reality are taking longer to move

Overpricing is no longer masked by bidding wars — buyers are comparing values nationally and resisting stretched price tags.


 

📊 Fair Pricing Wins

Overpriced homes aren’t selling faster; well-priced homes still attract interest. As price per square foot and days on market continue to be key metrics, sellers who price strategically — and buyers who are patient and educated — have the advantage in today’s market.

Whether you’re considering selling, buying, or investing in 2026, understanding where overpricing exists — and where it’s correcting — will be a key part of your strategy.


 

The MPH Team Takeaway


As we head into the new year, liquidity trends, affordability shifts, and inventory dynamics are creating a more nuanced market. Overpriced listings are no longer hiding behind competition — they’re being exposed by data.

For insights tailored to Fort Lauderdale and the broader South Florida region, you can always count on me, Lourdes Maestres, and The MPH Team to break it down clearly and strategically.

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