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The city of Miami saw a reversal in 2025, with values dipping after a spike. Don't sleep on West Miami, though.
For the moment, Miami’s condo market is a picture of extremes. Luxury unit sales are booming, but overall condo sales are in ...
South Florida's condo market continues reeling from reforms. Home prices continue going up, but that's slowing, too.
The median sales price for condos in Miami-Dade was $420,000, up from $415,000 in September 2023. In Broward, the median sales price was $366,978, up from $270,000.
Miami-Dade had a median sales price of $653,400 for single-family homes, up from $600,000 in September 2023. Broward has a median sales price of $615,325 for houses, up from $602,000.
"Buyers are favoring single-family homes versus condos right now given the condo regulations, but condo sales prices have remained basically unchanged from one year ago," said Miami Realtors Chief ...
Miami-Dade has 9 1/2 months of inventory of condos, the highest amount since February 2021 when the county had 10.2 months of supply, according to a new housing report from the Miami Association ...
All the changes mean buyers are moving cautiously, said Zalewski, the founder of the real estate consultancy firm Condo Vultures. Miami-Dade has 8.9 months of condo inventory.
CMC Group's Ugo Umberto and Christine Martinez de Castro on what's driving demand today in Miami's condo market.