News
January 17, 2018
How Long Will It Take Remaining Condo Inventory To Sell?
MIAMI—2018 will be a great year for buying opportunities in the high-end condo market. The developer inventory from 2012, is now over 85% sold and unsold developer inventory is growing short.
That’s according to research from Craig Studnicky. He’s the principal at RelatedISG.
Consider the breakdown. Looking back, the years 2012 through and including 2015 saw new condo developer inventory being sold at a pace of just over 3,200 per year.