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 buildings (June 2025). $1M+ condo sales rose 6.4% YoY; existing condo median up 6% YoY to $450K. MIAMI REALTORS®Yahoo Finance
Why it matters for ULD Buyers
Select legacy buildings—properly maintained and priced—are moving briskly. For ultra-luxury, this bifurcation favors new, amenity-rich towers that differentiate on lifestyle, engineering, and services.
Read the full Miami Herald piece. Miami Herald