South Florida Condo Sales Drop 7% At Start Of Critical 2025-26 Winter Buying Season

02/12/2025 1h 5min Temporada 2025 Episodio 1201

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Episode Synopsis

In this episode of Miami Condo Mondays™, we discuss the disappointing condo sales in the first month of the important South Florida Winter Buying Season that runs from November through April.Miami Condo Mondays™ is a live podcast hosted by Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com providing an in-depth look at the latest residential real estate trends in South Florida.Recorded weekly in Greater Downtown Miami, the podcast offers a one-hour discussion on various real estate topics, including preconstruction condos, market trends and investment strategies.The hosts share their expertise, with Zalewski focusing on macro perspectives and Huertas offering micro insights from her on-the-ground experience.Tune in every Monday at 4 PM (EST) on the social media accounts of Peter Zalewski and Jenny Huertas for insights on the latest trends in the South Florida condo market.Episode OverviewThe South Florida condo market is struggling to find its footing, kicking off the traditionally robust Winter Buying Season—which stretches from November through April—with a notable contraction in sales.South Florida condo sales dropped by 7.2 percent to about 1,550 transactions on a Year-over-Year (YoY) basis in November 2025 compared with less than 1,675 transactions during the same 30-day period in November 2024, according to preliminary data released by CVRRealty.com on Dec. 1, 2025.This marks the fourth straight November that condo sales have fallen on a Year-over-Year basis.During the latest episode of the Miami Condo Mondays™ podcast on Dec. 1, 2025, co-hosts Jenny Huertas‚ the broker-owner of CVR Realty, and Peter Zalewski of the Miami Condo Investing Club™ discussed the reasons for the sales dip in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.This sales slump coincides with the start of Art Basel—a festival that typically draws international collectors with significant capital— to Miami Beach and Greater Downtown Miami for a week of events.Historically, the Winter Buying Season has been a key time for condo developers and sellers as visitors come to town from around the globe seeking the attractive weather, numerous events and Carnival-like atmosphere.Many visitors find their experiences often lead them to begin searching for a condo as a second home.Typically, these visitors end up closing on their transactions sometime during the subsequent Summer Buying Season.As a result, the Winter Buying Season has become an important time—or pipeline—for prospective buyers to condo shop while the Summer Buying Season is when a significant number of those transactions are completed.Huertas, a former financier, noted that condo owners and developers are aware of the importance of the Winter Buying Season, and seem particularly willing this year to listen to offers, terms and down payments proposals.

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