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.
In this episode of the Miami Condo Mondays™ podcast, the hosts analyze a new report that ranks the best and worst Overall condo markets in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.
Zalewski and Huertas discuss a major turning point that occurred on April 2, 2025, with the Liberation Day policy pivot, which resulted in U.S. tariffs jumping from an average of four percent to 17 percent or more on imported goods.
This shift, combined with the stricter immigration enforcement, global economic uncertainty and the 2025 Florida Condo Association Financial Cliff, has contributed to a “Summer Of Paralysis By Analysis” in the South Florida condo market.
The result?
Condo prices in South Florida have dropped, with units selling for 10 percent less per door and seven percent less per square foot compared to pre-Liberation Day figures.
As a result of the price drop, condo transaction volume has increased by nearly two percent, as lower prices attract more buyers.
Condo transactions, however, are taking slightly longer to sell, with the average transaction rising from 92 days to 97 days.
Using the Miami Condo Cliff Index™, Zalewski and Huertas identified the top and bottom condo markets across Miami-Dade, Broward and Palm Beach counties.
The standout performer is Miami’s Little Havana neighborhood, which has nearly doubled its market strength since January.
Its affordability and value proposition are drawing buyers priced out of more expensive neighborhoods and submarkets.
Tied for second place are Boca Raton and Key Biscayne, both niche markets with unique appeal but facing some price corrections.
Other strong markets include Miami’s Coconut Grove neighborhood and Downtown West Palm Beach and the Island, the latter benefiting from increased investment and proximity to power centers like President Donald Trump’s Mar-a-Lago club and residence.
On the flip side, Fisher Island, North Bay Village and Sunny Isles Beach are struggling, with Fisher Island seeing virtually no sales activity.
These waterfront markets, often associated with luxury and exclusivity, are now grappling with oversupply, high prices and shifting buyer preferences.
The current market offers opportunities for savvy buyers, especially in underperforming areas where negotiation power is strong.
Cash-strapped sellers, meanwhile, need to be realistic about pricing and work with experienced agents who understand the nuances of each neighborhood.
As the market continues to evolve, staying informed and flexible will be key.
Whether someone is looking to buy, sell or invest, now is the time for them to do their homework and seek expert guidance.
For full access to our comprehensive reports, statistical charts, virtual Monthly Meetings and exclusive MeetUp events, we invite you to join the Miami Condo Investing Club™.
The Club's mission is to foster a community that shares realtime, actionable intelligence on the latest real estate trends, emerging opportunities and trusted service providers throughout South Florida.
An added benefit of the Club is that members receive discounts on all Miami Condo Correction Walking Tours™. Please visit MiamiCondoClub.eventbrite.com for a schedule of upcoming tours.