South Florida Vintage Condo Cliff Index™ Rises For 1st Time In 5 Weeks
The South Florida Vintage Condo Cliff Index™ ended the week of June 17, 2025, up marginally at 0.21 percent, reversing a four-week slide for units at least 30 years old.
For the first time in five weeks, the South Florida market for Vintage condo units that are at least 30 years old strengthened, reversing a four-week losing streak.
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Granted, this week’s South Florida Vintage Condo Cliff Index™ registered a marginal gain, improving by less than one percent on a week-over-week basis ending June 17, 2025.
Still, it was a move up for the first time since May 13, 2025, giving sellers of Vintage condos a glimmer of hope in what has otherwise been a dismal start to 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.
In the latest Index results, buyer contracts were statistically flat - increasing by about three pending deals - while active condo listings were also statistically unchanged, increasing by less than five units from the previous week ending June 10, 2025.
As a result of the this week’s latest activity, the South Florida Vintage Condo Cliff Index™ - which aggregates conditions for condos that are at least 30 years old in Miami-Dade, Broward and Palm Beach counties - increased by about 0.21 percent to 6.92 points on June 17, 2025.
By comparison, the Index stood at 6.90 points on June 10, 2025, 6.95 points on June 3, 2025, 7.05 points on May 27, 2025 and 7.14 points on May 20, 2025, according to the index.
The last time the South Florida Vintage Condo Cliff Index™ improved on a week-over-week basis was on May 13, 2025 when it reached 7.27 points.
Since the start of the Summer Buying Season, the South Florida Vintage Condo Cliff Index™ has been up two out of the last seven weeks.
It is worth nothing, the Index has been up four times in the last 11 weeks dating back to April 1, 2025.
On April 2, 2025, President Donald Trump introduced his new Liberation Day tariff strategy of imposing a minimum of 10-percent duties on all imports. The stock, bond and currency markets responded with significant volatility.
Prior to the recent move downward, the South Florida Vintage Condo Cliff Index™ reached its highest level ever on March 25, 2025 when it hit 7.68 points. Conversely, the Index registered its lowest level of 6.55 points on Jan. 28, 2025.
The South Florida Vintage Condo Cliff Index™ launched on Jan. 1, 2025, at 6.87 points.
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 Vintage condo results were mixed on a county-by-county basis in South Florida for the week ending June 17, 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.