Published by Peter Zalewski
8/17/2024 
2:48:07 PM
What’s the future of vintage condos – units at least 25 years old – in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach?
This topic was discussed at the fourth Monthly Meeting of the Miami Condo Market Investing Club™ that was hosted online on Aug. 14, 2024.
Club founder Peter Zalewski – who is a former business journalist, Wall Street consultant, expert witness and licensed Florida real estate buyside broker – explained the three ways to differentiate condos – New, Used and Vintage – for resale purposes.
After comparing the resale stats for each category based on age, Zalewski also discussed some of the key 2024 revisions to the Florida Condo Law.
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.
For a free consultation, please contact the South Florida Condo Experts
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