The Jan. 28, 2025, update to the Miami Condo Cliff Index™ shows that Miami-Dade County’s market for Overall condos and Vintage condos – at least 30 years old – are both weakening rapidly.
Is the Miami-Dade County condo market starting to unravel?
This is the question that investors may want to start pondering based on the latest metrics.
The number of condo listings on the market is increasing at the same time that the number of pending sales is decreasing on a week-over-week basis since the start of the year, according to the latest update to the Miami Condo Association Financial Cliff Investors Index™ as of Jan. 28, 2025.
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The views and opinions expressed in this report are for general informational purposes only. It is believed to be accurate and complete based on current market trends but cannot be guaranteed or warranted as circumstances change without notice. It should not be considered as financial, legal, tax or investment advice. This content should not be relied upon as the sole basis for making any financial decisions. Before making any investment or financial decisions, you should consult with a qualified professional to determine the suitability of any investment or strategy for your individual circumstances and goals.
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