The Feb. 11, 2025, update to the Miami Condo Cliff Index™ shows that the South Florida market for Overall condos and Vintage condos has suddenly strengthened.
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The Miami Condo Association Financial Cliff Investors Index™ is a weekly measurement that tracks the financial health and stability of the South Florida condo market based on active listings and pending sales for all condos and Vintage condos (at least 30 years old) in the tricounty region of Miami-Dade, Broward and Palm Beach.
Is South Florida’s condo market experiencing a temporary boost or the beginning of a market reversal?
This is the question that will need to explored in the upcoming weeks after the South Florida condo market suddenly strengthened at the halfway point of the 2024-25 South Florida Winter Buying Season that extends from November through April.
It is unclear if the sudden surge in the South Florida County Condo Association Financial Cliff Index™ is the beginning of a long-term trend or instead a short-lived “sugar high,” of sorts, resulting from the influx of visitors – many of which are prospective buyers – in town for the attractive weather, extensive events and carnival-like vibe at this time of year.
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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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