The South Florida condo market has seen sluggish sales the past two years, but a particular price point is helping to fuel sales as the year winds down—cheaper condos in older buildings are selling like hotcakes, according to the Miami Association of Realtors.
Overall, the Miami-Dade condo market is seeing existing-home sales down 3.78% from November 2024, but there is a bright spot in the sunny city: affordable condos.
Sales of units priced between $200,000 and $400,000 were up an astonishing 21% compared to the previous November, according to November 2025 statistics released by the Miami Association of Realtors and the Miami Southeast Florida Multiple Listing Service…