Condo vs. Single-Family Performance Gap in South Florida

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The split in South Florida real estate is getting wider.

Miami-Dade

  • SFH prices: +3% YoY
  • Condo prices: -10% YoY

Broward

  • SFH prices: +7% YoY
  • Condo prices: -8% YoY

Same counties. Opposite directions.

Condos are carrying the full weight of insurance, SB 4-D, and financing restrictions. Single-family is holding.

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