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Ivan’s Insider · Week 1
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South Florida Market Update
Is South Florida becoming a buyer’s market?
For condos, often yes. For single-family homes, not yet.
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After more than 20 years in South Florida real estate, I’ve learned that headlines rarely tell the whole story. Right now, buyers are gaining leverage—but not in every segment. The latest numbers show two very different markets depending on what you want to buy.
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Single-Family Homes
Still favors sellers
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| Miami-Dade | 4.9 months |
| Broward | 4.3 months |
| Palm Beach | 3.9 months |
LOWER SUPPLY · MORE COMPETITION
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Condos & Townhomes
More buyer leverage
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| Miami-Dade | 12.3 months |
| Broward | 10.1 months |
| Palm Beach | 7.2 months |
MORE CHOICE · MORE NEGOTIATING ROOM
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What this means
Condo buyers may have more choices and negotiating room, especially in buildings affected by financing restrictions or assessments. Well-priced single-family homes can still face strong competition.
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If you’re wondering which side of the market your property—or your next purchase—falls on, I’ll give you a straightforward answer.
| REPLY “MARKET” TO THIS EMAIL |
— Ivan
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Market data: June 2026. Source: MIAMI REALTORS® + RWorld. A balanced market generally has 6–9 months of supply. Local conditions vary by property, price, and neighborhood.
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