Unit Owners Flood South Florida Market With Listings At Start Of 2025 Condo Cliff

In this latest issue of the Miami Condo Market Intelligence Report™, we examine the surging number of resale listings on the market which now represent more than 11 months of supply.

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

In anticipation of our upcoming Jan. 15, 2025, seminar entitled the 2025 State Of The Miami Condo Market Outlook, we dug into the final 2024 condo statistics for the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.

What we discovered is, the South Florida condo market – which was a sellers market in 2021, 2022 and less so in 2023 – is now flooded with resale listings, making it firmly a buyers market.

We encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube.

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 is 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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