Miami-Dade County Vintage Condo Cliff Index™ Drops To All-Time Low
The Miami-Dade County Vintage Condo Cliff Index™ ended the week of July 1, 2025, down 3.90 percent to a new all-time low of 7.58 points. The previous record low was 7.64 points on Feb. 4, 2025.
The Miami-Dade County market for Vintage condos that are at least 30 years old is in a freefall.
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Fueled by drops in five of the last seven weeks, the Miami-Dade County Vintage Condo Cliff Index™ tumbled to a new record low of 7.58 points for the week ending July 1, 2025.
Previously, the all-time low for the Miami-Dade County Vintage Condo Cliff Index™ was 7.64 points, registered for the week ending Feb. 4, 2025.
The Miami-Dade County Vintage Condo Cliff Index™ launched on Jan. 1, 2025, at 8.54 points.
By comparison, the all-time high for the Miami-Dade County Vintage Condo Cliff Index™ is 8.89 points, registered on May 13, 2025, at the start of the 2025 Summer Buying Season.
The Summer Buying Season - which stretches from May through October - is traditionally a time of fewer out-of-town buyers visiting the tricounty South Florida region of Miami-Dade, Broward and Palm Beach due to the heat, humidity and hurricane concerns.
Since setting the all-time high, the Miami-Dade County Vintage Condo Cliff Index™ has fallen by nearly 15 percent as a result of a steep decline in pending sales while active listings have pulled back marginally.
In the latest Index results, buyer contracts tumbled by nearly five percent - or about 23 pending deals - while active condo listings pulled back by one percent - or about 65 units - from the previous week ending June 24, 2025.
The index - officially known as the Miami Condo Association Financial Cliff Investors Index™ - is a proprietary benchmark that tracks weekly fluctuations in active listings and pending sales, providing a timely snapshot of 23 condo markets in South Florida.
Higher values signal a stronger market and lower values indicate a weaker market.
Buyers should focus their attention on weaker markets to achieve deeper discounts while unit owners should only sell in stronger market to maximize sales pricing.
The Overall condo results were mixed on a county-by-county basis in South Florida for the week ending July 1, 2025.
Here are eight new charts - exclusively for members of the Miami Condo Investing Club™ - tracking Overall condos and Vintage condos that are at least 30 years old on a week-over-week basis in South Florida, Miami-Dade County, Broward County and Palm Beach County since being launched on Jan. 1, 2025.