South Florida Vintage Condo Cliff Index™ Slides 4th Straight Week As Price Concerns Mount
The South Florida Vintage Condo Cliff Index™ ended the week of June 10, 2025, down by 0.67 percent, pointing to a possible unraveling of resale pricing for units at least 30 years old.
Early signs suggest the 2025 Summer Buying Season will be particularly challenging for sellers of South Florida Vintage condo units that are at least 30 years old.
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For a fourth consecutive week, the South Florida Vintage Condo Cliff Index™ registered a drop on a week-over-week basis ending June 10, 2025.
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 decreased by about one percent - or nearly 15 pending deals - while active condo listings stalled statistically, decreasing by more than 70 units from the previous week ending June 3, 2025.
As a result of the weakening 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 - decreased by about 0.67 percent to 6.90 points on June 10, 2025, compared to 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.
In addition to falling four consecutive weeks, the South Florida Vintage Condo Cliff Index™ has been down five out of the last six weeks and eight times in an 11-week span dating back to April 1, 2025.
Prior to the recent unraveling, 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 10, 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.