We have crunched the statistics for the Year 2023 and plan on publishing a series of of reports during the next three weeks looking at the winners and losers in Miami Beach. 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
Miami Beach is in a buyers market for condos with about 10.1 months of supply currently listed for sale at the peak of the South Florida Winter Buying Season that generally stretches from November through April, according to an analysis of statistics compiled by CondoVulturesRealty.com.
In the 12 months of 2023, buyers purchased an average of about 162 units per month for a total of nearly 1,950 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 Miami Beach is in a buyers market with a supply of more than 1,635 units available for purchase.
This information is believed to be accurate and complete but cannot be guaranteed or warranted.
To stay apprised of the latest condo news, please follow us on social media at @CondoVultures, visit our website at CondoVultures.com and/or sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter
For more information, please call 305.865.5859 or visit CondoVulturesRealty.com
Copyright © 2024 Condo Vultures®, LLC. All Rights Reserved.