Q2 2025
“South Florida home prices drop as listings increase”
“South Florida now emerging as the epicenter of housing weakness”
JORGE
“Florida, for as long as I’ve been in business—50 years—has been a roller coaster. What I always tell the investor, the buyer, is this: when the roller coaster goes down, the next up has always been higher.”
Via Youtube Shorts
Total Active Listings in Miami-Dade, Broward & Palm Beach Counties Above $10M for Condos Less Than 30-Years Old
Total Active Listings
363
281
94
Avg. List Price In Miami-Dade, Broward & Palm Beach
Counties
For Condos Less than 30-Years Above $10M
Avg. List Price
SINCE JANUARY 2025
Total Active Listings in Miami-Dade, Broward & Palm Beach Counties Above $3M for Condos Less Than 30-Years Old
Total Active Listings
1,127
Q2-2023
941 Q2-2024
583 Q2-2025
Avg. List Price In Miami-Dade, Broward & Palm Beach Counties For Condos Less than 30-Years Above $3M
Avg. List Price
$4,850,000
SINCE JANUARY 2025
2024/2025 Total Condo Sales Transactions Above $1M in Miami-Dade, Broward & Palm Beach Counties For Condos Less Than 30-Years
OLD
Total Active Listings in Miami-Dade, Broward & Palm Beach Counties Above $1M for Condos Less Than 30-Years Old
Total Active Listings
4,422 Q2-2023
3,652 Q2-2024
1,754
For Condos Less than 30-Years Above $1M
Avg. List Price Avg. List Price In Miami-Dade, Broward & Palm Beach
Counties
$2,750,000
10% SINCE JANUARY 2025
2024/2025 Total Condo Sales Transactions Between
$500,000 - $1M in Miami-Dade, Broward & Palm Beach Counties For Condos Less Than 30-Years OLD
Total Active Listings in Miami-Dade, Broward & Palm Beach Counties Between $500,000 - $1M for Condos Less Than 30-Years Old
Total Active Listings
3,766
1,833
Avg. List Price In Miami-Dade, Broward
&
Palm Beach
Counties
For Condos Less than 30-Years between $500,000 - $1M
Avg. List Price
SINCE JANUARY 2025
AVG. DAYS ON THE MARKET IN MIAMI-DADE, BROWARD AND PALM BEACH COUNTIES FOR CONDOS LESS THAN 30 - Years Old
Q2-2023
Q2-2024
AVG. DAYS ON THE MARKET IN MIAMI-DADE, BROWARD AND PALM BEACH COUNTIES for CONDOS ABOVE 30 - Years Old
Q2-2023
Q2-2024
Q2-2025
New Mandatory Reserve Requirements For Florida Condominiums
Ron DeSantis
GOvernor of FLORIDA
Governor DeSantis has signed a bill that extends the deadline for condo associations to complete structural integrity reserve studies (SIRS) by one year.
The new deadline is December 31, 2025
Total
Active Condo Units In Miami-Dade, Broward &
Palm Beach Counties
23,009
25,051
Q1-2025
Q2-2025
Miami-Dade, Broward & Palm Beach Counties
21,940
Under 30 Years
Breakdown by County
Breakdown by County
Miami dade: 2,099 BROWARD: 601 PALM BEACH: 411 Miami dade: 14,323
30 Years Over 30 Years Over
3,111 88%
Of all Active Listings are Over 30 Years Old
Under 30 Years
“Hundreds of South Florida condos now on secret mortgage blacklist”
April 2025
The number of local condos on the list, which is maintained by federally chartered mortgage finance corporation Fannie Mae, has more than doubled in the past two years.
The total number of condo buildings in the database in Miami-Dade, Broward and Palm Beach counties sits at 696 as of March. That’s nearly half the 1,438 condo buildings that Fannie Mae lists as ineligible for its backing in all of Florida.
Price Appreciation in Miami-Dade, Broward & Palm Beach Counties for Condos 30+ Years Old
MORTGAGE RATES
“Mortgage Rates just dropped for the fifth consecutive week.”
Stock market today: S&P 500, Nasdaq clinch records as US economy flashes strength,
July 2025
US stocks notched new record highs on Thursday July 17th as Wall Street filtered through a fresh wave of earnings while keeping an eye on President Trump's campaign against Federal Reserve Chair Jerome Powell.
NASDAQ: The NASDAQ Composite jumped 153.78 points (0.74%) to 20,884.27, marking a new all-time closing high
S&P 500: The S&P 500 rose 33.66 points (0.54%) to 6,297.36, also closing at a fresh record high
Dow Jones Industrial Average: Dow Jones Industrial Average climbed 229.71 points (0.52%) to 44,484.49, reaching its highest intraday level and closing strongly
NEW CONSTRUCTION
No. units
COndo DEvelopments
46 / 7,631 Under Construction
CONDO CONVERSION
Miami-Dade Broward Palm Beach
“South Florida’s multifamily construction pipeline reaches record, as developers seize on south Miami-Dade”
August 2024
23,863 34,934
58,797
“Miami rates drop nearly 8% y-o-y, amid supply overhang”
April 2025
DEMAND
Florida’s Historic Year Daily
Population Growth
Record Breaking Daily Population Growth
FLORIDA IS #1
IN ECONOMY
Florida’s Economy is Ranked Number One Due to the Following Factors:
Strong Economic Growth
For the Third Year in a Row According to the CNBC’s 50 State Analysis for 2025 Favorable Tax Policies Robust Educational System
Q2 2025