Unpacking the Shifts in Miami’s Condominium Market: A Data-Driven Perspective
New data released by the Miami Realtors Association presents an illuminating snapshot of the ongoing transformation in Miami’s condominium market, further demonstrating the wide-ranging impact of the city’s gentrification wave. From April 2022 to April 2023, there was a significant decrease of 44.4% in the number of closed condo sales, dropping from 2,199 to 1,222.…