News
October 24, 2017
South Florida Luxury Condo (1MM+) Market Faces 44 Months Of Supply Listed For Sale
The report in the link below is strictly listed units, with asking prices in excess of $1MM. When one examines all units, with a focus on only Miami-Dade, the inventory is far more profound. Further, if one examines even more closely, inventory is only based on MLS listed units. The shadow inventory in the current market may rise to be even greater than MLS listed units.