South Florida Condo Cliff Index™ Rises 1% As Stock, Bond Market Volatility Calms
The South Florida Condo Cliff Index™ released on April 29, 2025, shows nearly a 1% change as the wild swings in the global stock and bond markets has leveled out.
South Florida’s condo markets improved slightly within the last week as the volatility in the global stock and bond markets triggered by President Donald Trump’s shifting tariffs policies began to stabilize.
In the week ending April 29, 2025, buyer contracts rose by 15 net pending deals, while active condo listings declined by 19 properties across the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.
As a result, the South Florida Condo Cliff Index™ - which aggregates conditions in Miami-Dade, Broward and Palm Beach counties - rose by 0.78 percent to 7.36 points on a week-over-week basis ending April 29, 2025, according to the Miami Condo Association Financial Cliff Investors Index™.
The South Florida Condo Cliff Index™ launched on Jan. 1, 2025, at 6.85 points.
The slight increase in condo buying comes days before the start of the South Florida Summer Buying Season, which extends from May through October. The Summer Buying Season is characterized by fewer visitors, minimal marque events and increased risk of hurricanes.
The Miami Condo Cliff Index™ is a proprietary benchmark that tracks weekly fluctuations in active listings and pending sales, providing a timely snapshot of the South Florida condo market.
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 situation was mixed on an individual county-by-county basis in South Florida.