Miami’s Ultra-Luxury Condos – A Market Update Q1 2017
May 2, 2017
What is the Status of Miami's Ultra-Luxurious Condo Market ($5M+) There has been a great deal of speculation regarding Miami's condo market, especially the higher end of the market. In the last few years, the Miami market experienced an increase in demand with some substantial price increases resulting from it. As the market started to cool down in 2015 - 2016, we saw rising inventory and sellers forced to lower their prices. As we experienced an increase in clients asking for ultra luxury condos and [...]