More condos and homes are on the market in South Florida as sales drop: report

For those looking to buy in the South Florida market, now might be the chance as March saw the most homes and condos on the market than there have been in the last six years.

According to data from the Miami Association of Realtors, the number of condos and homes for sale has continued to increase but the prices paint a different picture.

To break it down, Miami-Dade currently has more than 13,000 active condo and townhome listings, which are up 43.5% compared to the same time last year. But the median sale price is down almost 2% and the number of closed sales is down more than 5%…

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