Miami-Dade sales ↑>5% yearly in Early-Q2, marking eight straight mo of gains across total home activity; single-family and condo segments both improved.
Miami-Dade listings ↓~11% yearly, tightening choice. Single-family supply ↓~14%, condo supply ↓10%, helping condo prices ↑1% as competition builds for fewer available homes.
Miami-Dade condos remain buyer-friendly with >12 mo supply, creating negotiation room. Single-family homes favor sellers at five mo, below balanced-market supply benchmarks.
Broward Patterns
Total sales: ↑>4% yearly
Single-family: ↑~7%
Condos: ↑~2%
Luxury above $5M: ↑~37%
Active listings: ↓16%
Miami-Dade condo conditions could be turning: inventory has fallen yearly for three straight mo, and price gains may signal a market rebound.
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