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Study: 33 Condo Project Valuations Drop Below Summer Averages In Greater Downtown Miami

In this episode of Miami Condo Mondays™, the hosts break down why nearly 16% of Greater Downtown Miami condo projects have slashed prices before the halfway point of the 2025-26 Winter Buying Season.

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.

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Episode Overview

In this episode of Miami Condo Mondays™ podcast on Dec. 30, 2025, co-hosts Jenny Huertas‚ the broker-owner of CVR Realty, and Peter Zalewski of the Miami Condo Investing Club™ discuss a new report that found nearly 16% of the 207 condo projects in Greater Downtown Miami are selling off below Summer levels.

These 33 condo projects—based on research conducted for the Miami Condo Correction Walking Tours™—that are scattered throughout Greater Downtown Miami currently have an asking price below the average transaction price in the 2025 South Florida Summer Buying Season of May through October.

The Greater Downtown Miami market—comprised of three submarkets—is defined as the Eddie Rickenbacker Causeway north to the Julia Tuttle Causeway, and Biscayne Bay west to I-95.

The Brickell Avenue Area—which is the most mature market—is defined as the Eddie Rickenbacker Causeway north to the Miami River.

The fast-growing Central Business District—or CBD—stretches from the Miami River north to the Gen. Douglas MacArthur Causeway.

The up-and-coming Biscayne Boulevard Corridor—which is home to the neighborhoods of Edgewater, Midtown and Wynwood—extends from the Gen. Douglas MacArthur Causeway north to the Julia Tuttle Causeway.

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During the 73-minute conversation, Huertas and Zalewski discuss the current state of the Greater Downtown Miami condo market, focusing on pricing trends, the economic impact of the post-Surfside mandates and the role of speculators in the valuations.

Huertas highlights the challenges buyers face in a market with increasing supply and the importance of understanding market dynamics for making informed decisions.

The discussion also touches on the importance of the Days On Market (DOM) metric as an indicator of buyer interest and the potential for special assessments in Vintage condo towers that are at least 30 years old.

Huertas and Zalewski provide veteran insights into the challenges and opportunities facing buyers and sellers in the evolving Greater Downtown Miami real estate landscape against a backdrop of the Florida Condo Association Financial Cliff.

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Episode’s Top 10 Takeaways

  1. 33 condo projects are now priced below 2025 Summer Buying Season levels.

  2. The average asking price is significantly higher than the current market value, suggesting sellers are trying to break even in a declining market.

  3. Greater Downtown Miami has 207 projects with nearly 60,000 units.

  4. This year’s South Florida Winter Buying Season peaks around the Presidents Day holiday on Feb. 16, 2026.

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