Palm Beach Condo Market Struggles As Listings Of Vintage Units Spike To 84%

In this latest issue of the Miami Condo Market Intelligence Report™, we examine the surging number of Vintage condos – at least 30 years old – listed for resale in Palm Beach County.

For this week’s Miami Condo Market Intelligence Report™ newsletter, we are sharing some of the information that we have collected about the Palm Beach condo market at the start of the 2025 Florida Condo Association Financial Cliff.

In anticipation of this pivotal year for Florida condos, we dug into the final 2024 condo statistics for each of the markets in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.

For Palm Beach County, we discovered that the condo market – which was a sellers market in 2021, 2022 and less so in 2023 – is firmly in a buyers market, due, in large part, to the growing number of Vintage units – at least 30 years old – listed for resale.

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As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006.

If you are seeking information on condo resales in South Florida, please visit CondoVulturesRealty.com or call the office at 305.865.5859.

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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