Published by Peter Zalewski
3/4/2024 
7:04:12 PM 
The Bal Harbour – Surfside – Bay Harbor Islands area is in a buyers market for condos with nearly 14 months of supply currently listed for sale during the South Florida Winter Buying Season, according to an analysis of statistics compiled by CondoVulturesRealty.com.
In the 12 months of 2023, buyers purchased an average of about 24 units per month for a total of nearly 290 units between January and December.
Based on the current active listings in the Multiple Listing Service – a database used by Realtors to market condos – the Bal Harbour – Surfside – Bay Harbor Islands area is in a buyers market with a supply of more than 330 units available for purchase.
We have crunched the statistics for the Year 2023 and will be publishing a series of reports during the next weeks on CondoVultures.com looking at the winners and losers in the northern portion of the barrier island in Miami-Dade County.
If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com
Additionally, we encourage you to check out our video and audio podcasts.
This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com
Copyright © 2024 Condo Vultures®, LLC. All Rights Reserved.
Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
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