PRECONSTRUCTION
CONDO PROJECT TRACKER
or

Buyers Purchased More Than 45 Distressed Condos In Greater Downtown Miami In First 9 Months Of 2017

DOWNTOWN MIAMI (Nov. 16, 2017) - Nearly 25 distressed condo units - both shortsales and real estate owned (REO) by lenders - are formally listed for sale in the Greater Downtown Miami market of South Florida, according to a new report from Condo Vultures® Realty LLC.

Based on distressed condo sales of about five units monthly in the first nine months of 2017, Greater Downtown Miami now has nearly a five-month supply of REO and shortsale units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the start of this year’s Winter Buying Season, according to the report based on data from the Southeast Flordia MLS Matrix.

A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

Less Than 60 Luxury Condos Sold In Greater Downtown Miami In First 9-Months Of 2017

DOWNTOWN MIAMI (Nov. 14, 2017) - Nearly 475 luxury condo units are formally listed for sale at an asking price of least $1 million each in the Greater Downtown Miami market of Miami-Dade County in South Florida, according to a new report from Condo Vultures® Realty LLC.

Based on luxury condo sales of about six units monthly in the first nine months of 2017, Greater Downtown Miami now has nearly a 74-month supply of units available for purchase for at least $1 million each in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the start of this year’s Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

Greater Downtown Miami Landlords Ask $2.64 PSF Monthly For Residential Rental Properties

DOWNTOWN MIAMI (Nov. 14, 2017) - Nearly 1,300 residential rental properties are formally listed for lease in the Greater Downtown Miami market of South Florida, according to a new report from Condo Vultures® Realty LLC. 

Based on completed leases of about 409 residential properties monthly in the first nine months of 2017, Greater Downtown Miami now has more than a three-month supply of rentals - apartments, condos, efficiencies, multifamily and townhouses - available in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the start of this year’s Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

A balanced market is generally considered to have about six months of supply. More months of supply listed for lease suggests a tenant’s advantage and less months typically indicates a landlord’s advantage in the market. 

Less Than 136 Condos Sold Monthly In Greater Downtown Miami In First 9 Months Of 2017

DOWNTOWN MIAMI (Nov. 13, 2017) - More than 3,630 condo units are formally listed for sale in the Greater Downtown Miami market of Miami-Dade County in South Florida, according to a new report from Condo Vultures® Realty LLC.

Based on condo sales of less than 136 units monthly in the first nine months of 2017, Greater Downtown Miami now has about a 27-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the start of this year’s Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

Expert Peter Zalewski Leads 3-Hour Saturday Tours - Bus And Walking - Through Some Of Miami's Most Popular Neighborhoods 

DOWNTOWN MIAMI (Nov. 12, 2017) - CraneSpotters.com - which offered Preconstruction Condo Project Tours during the early phase of the current real estate cycle - has unveiled its schedule for the newly launched Condo Correction Tour Series during this upcoming South Florida Winter Buying Season.

The three-hour tours focus on buying opportunities in new and existing condo projects located in some of the most popular areas on the barrier island and mainland in Miami-Dade County. 

South Florida condo expert Peter Zalewski - who has been cited more than 1,000 times by local, state, national and international news outlets - is scheduled to narrate the various tours of areas, including Greater Downtown Miami, Miami Beach and Sunny Isles Beach.

PRECONSTRUCTION NEWS

PRECONSTRUCTION TRENDS