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.
Florida condo and townhouse closings ↑~7% yearly in Early-Q2, >2x single-family gains, giving agents a…
Statewide existing single-family closings hit 24.1K in Early-Q2, ↑~2% yearly, while condo-townhouse closings reached 9.3K,…
Florida's housing inventory levels resemble the balanced conditions from 2014-2020 rather than the oversupply seen…
Miami-Dade home sales rose over 5% year-over-year, with single-family homes up 8% and condos nearly…
Florida's housing market has seen eight consecutive months of year-over-year sales growth. April closed sales…
A current Florida review found board dissatisfaction centers on unclear fees, not pricing alone, making…