by Thiwanthi G | Sep 8, 2025 | Luxury Properties, New Properties
Miami’s ultra-luxury condo market has entered a decisive phase: global capital—particularly from Latin America—is now the cornerstone of new-construction demand. The latest MIAMI REALTORS® collaboration across 37 projects shows international buyers purchased 49% of...
by Thiwanthi G | Sep 3, 2025 | Luxury Properties, New Properties
Source: Miami Herald (Jul 24, 2025) What’s Happening The Herald reports older Miami-Dade condos are selling faster than newer ones. Miami Herald Underlying data (MIAMI REALTORS®): 30+ year buildings averaged 62 days on market vs. 79 days for <29-year...
by Thiwanthi G | Sep 1, 2025 | Luxury Properties, New Properties
Source: CondoBlackBook (Aug 1, 2025) Key stats (luxury = $1M+) Closed sales: 418 (-9.9% YoY, +14.5% QoQ). Median price: $1.9275M (+10.1% YoY). Median PPSF: $1,027 (+3.1% YoY; -4.7% QoQ). Inventory: 19 months. CondoBlackBook $2M+ tier: 203 sales (flat YoY); $1,544 PPSF...
by Thiwanthi G | Aug 29, 2025 | Luxury Properties, New Properties
Source: CondoBlackBook (Aug 1, 2025) Key stats (luxury = $1M+) Closed sales: 418 (-9.9% YoY, +14.5% QoQ). Median price: $1.9275M (+10.1% YoY). Median PPSF: $1,027 (+3.1% YoY; -4.7% QoQ). Inventory: 19 months. CondoBlackBook $2M+ tier: 203 sales (flat YoY); $1,544 PPSF...
by Thiwanthi G | Aug 27, 2025 | Luxury Properties, New Properties
Source: Homes.com (Jul 30, 2025) Key stats (luxury = $1M+) In the 18 months to June 2025, international buyers purchased 2,688 of 5,460 new-construction condos across Miami-Dade/Broward/Palm Beach. Home Downtown Miami (43%) and Brickell (60%) had the highest...
