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Why Are South Beach Condo Sellers Raising Prices In Deteriorating Buyers Market?

In this episode of Miami Condo Mondays™, the hosts discuss how surging fees, special assessments and insurance rates collide with questionable price hikes as the Winter Buying Season wraps up.

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 the Miami Condo Mondays™ podcast on March 9, 2026, co-hosts Jenny Huertas of CVR Realty and Peter Zalewski of the Miami Condo Investing Club™ dissect a market anomaly at the tip of the barrier island that defies traditional real estate logic.

The analysis is rooted in the latest research conducted in anticipation of the planned South Beach Condo Correction Walking Tour™ scheduled for 10 am Saturday, March 14, 2026.

During the 71-minute episode, Huertas and Zalewski examine how South Beach condo sellers implemented a 5% price hike during the last 45 days of the 2025-26 South Florida Winter Buying Season as active listings contracted by 3%, according to a recent report.

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The drop in condo inventory translates into fewer months of supply on the resale market but even with the improving conditions, South Beach is still stuck deep in a Deteriorating Buyers Market with 14.8 months of available stock.

A Deteriorating Buyers Market is defined as a period where “warning signs are flashing and conditions for sellers are worsening significantly as oversupply becomes substantial,” according to the Miami Condo Supply Tracker™.

A Balanced Market has between 6.0 and 6.9 months of supply available for resale. Less months indicates a Sellers Market, and more months suggests a Buyers Market.

While the rest of the tricounty region of Miami-Dade, Broward and Palm Beach begins to suffer from the financial reality of the Florida Condo Association Financial Cliff, Miami Beach’s most popular neighborhood appears to be operating in a vacuum of optimism.

Huertas and Zalewski spend the hour debating whether these “green shoots” of rising prices are a sign of a true recovery or merely a final gasp of air before Summer’s heat, humidity and hurricane warnings typically thins the buyer pool.

The duo explores the specific pressure points hitting South Beach, where the rising cost of condo living is forcing a difficult choice upon cash-strapped unit owners.

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As maintenance fees, special assessments and insurance premiums rise, many sellers are in a challenging push-pull conundrum.

Zalewski said condo sellers urgently need to escape the mounting financial burden, yet they remain anchored in the belief that their South Beach units deserve a premium price.

Huertas and Zalewski agreed this disconnect between the reality of their situation and their expectations for a payout is creating a standoff with buyers who expect sellers to prepay for all of the necessary restoration work on the way out.

Zalewski contends that while Greater Downtown Miami—located on the other side of Biscayne Bay— spent years luring away South Beach owners and prospective buyers with new product and lower prices, the mainland market is now struggling with overbuilding, even higher prices and an arguably deteriorating quality of life.

At a time when South Beach finally looks to be attracting buyers back from the mainland, Zalewski notes that many Miami Beach condo owners—who have been waiting patiently for the market to return—are facing the reality that they can no longer afford the rising costs of holding their units.

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Episode’s Top 10 Takeaways

  1. South Beach is showing “green shoots” with a 3% inventory drop and a 5% increase in asking prices within the last 45 days.

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