Miami Condo Mondays™ is a live podcast hosted by Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com providing an in-depth look at the latest residential real estate trends in South Florida.
Recorded weekly in Greater Downtown Miami, the podcast offers a one-hour discussion on various real estate topics, including preconstruction condos, market trends and investment strategies.
The hosts share their expertise, with Zalewski focusing on macro perspectives and Huertas offering micro insights from her on-the-ground experience.
Tune in every Monday at 4 PM (EST) on the social media accounts of Peter Zalewski and Jenny Huertas for insights on the latest trends in the South Florida condo market.
Episode Overview
The South Florida condo market is struggling to find its footing, kicking off the traditionally robust Winter Buying Season—which stretches from November through April—with a notable contraction in sales.
South Florida condo sales dropped by 7.2 percent to about 1,550 transactions on a Year-over-Year (YoY) basis in November 2025 compared with less than 1,675 transactions during the same 30-day period in November 2024, according to preliminary data released by CVRRealty.com on Dec. 1, 2025.
This marks the fourth straight November that condo sales have fallen on a Year-over-Year basis.
During the latest episode of the Miami Condo Mondays™ podcast on Dec. 1, 2025, co-hosts Jenny Huertas‚ the broker-owner of CVR Realty, and Peter Zalewski of the Miami Condo Investing Club™ discussed the reasons for the sales dip in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.
This sales slump coincides with the start of Art Basel—a festival that typically draws international collectors with significant capital— to Miami Beach and Greater Downtown Miami for a week of events.
Historically, the Winter Buying Season has been a key time for condo developers and sellers as visitors come to town from around the globe seeking the attractive weather, numerous events and Carnival-like atmosphere.
Many visitors find their experiences often lead them to begin searching for a condo as a second home.
Typically, these visitors end up closing on their transactions sometime during the subsequent Summer Buying Season.
As a result, the Winter Buying Season has become an important time—or pipeline—for prospective buyers to condo shop while the Summer Buying Season is when a significant number of those transactions are completed.
Huertas, a former financier, noted that condo owners and developers are aware of the importance of the Winter Buying Season, and seem particularly willing this year to listen to offers, terms and down payments proposals.
Given current market conditions—rising supply, falling sales and increased costs associated with condo living—in South Florida, Zalewski said the developers and condo owners who lived through the Great South Florida Condo Boom and Bust of 2002-2011 are trying to get ahead of the deteriorating market.
The November 2025 statistics are preliminary but they indicate the current downturn in transactional volume is intensifying.
This trend was previously documented throughout the 2025 South Florida Summer Buying Season—which stretched from May through October— and now seems to be spilling over into the critical six-month Winter Buying Season
Zalewski said the 2025 Summer Buying Season sales velocity took the market back to 2008, which was the symbolic start of the Great Recession, prompting constant monitoring of the numbers this Winter Buying Season.
The data reveals a stark contrast in sales volume compared to the month of November in previous years.
Preliminary numbers show that condo sales transactions have plunged 61 percent from the market peak of nearly 4,000 units in November 2021.
The November 2025 condo sale statistics are also down by more than 39 percent compared to November 2019, just months before the world economy shutdown in March 2020 by the pandemic.
