Two Florida cities top the list of US regions where home sellers are most likely to lose money on their listings

Two Florida cities, Miami and Naples, have been identified as the US regions where home sellers are most likely to lose money on their listings. According to data from real estate data platform Parcl Labs, more than 10% of sellers in these metros have listed their homes for less than the purchase price they paid. This trend is driven by a slowdown in home sales in July, attributed to high prices and higher mortgage rates.

The median U.S. home-sale price reached $407,730, up 3.2% year over year, with mortgage rates around 6.54%, the highest monthly average since August 2025. Experts suggest that near-term leading indicators provide no sign that sales will improve soon, due to factors such as tight monetary policy, a subdued labor market, depressed confidence, and constrained population growth due to tighter immigration policies.