Seven housing markets around the nation were described as buyer's markets because they had at least six months of supply in June, according to a recent report from Realtor.com.

Three markets in particular, Miami and Orlando in Florida as well as Austin, Texas, were standouts as they had the nation’s highest months of supply in June. This means that buyers in those markets had the most leverage, according to the online real estate marketplace.

Miami topped the list of buyer market cities out of all 50 metros tracked by the firm. The city had 9.7 months' supply in June, meaning it would take nearly 10 months to sell all of its listings at the current pace. That inventory is up 35% compared with the same period in 2024.

The median list price at the time was $510,000, which is 4.7% lower t

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