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Q3 Condo Sales Slide Across South Florida

Residential Rajkumar Ramkerath November 3, 2024

South Florida condo sales declined sharply in Q3, influenced by high mortgage rates and tight inventory.

Miami Beach condo sales are ↓ 25%, with inventory ↑ 40.6% to over 3,400 listings.

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Condo sales in Miami-Dade and Broward counties dropped nearly 20%.

A living room with a fireplace and a flat-screen TV mounted on the wall.

Q3 Condo Sales Slide Across South Florida

South Florida condo sales declined sharply in Q3, influenced by high mortgage rates.

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