The 2025 Fort Lauderdale Condo Market Report | A Midyear Market Overview for Buyers & Sellers

The 2025 Fort Lauderdale Condo Market is undergoing a meaningful shift. Slower sales and rising inventory levels across all tiers signal the early stages of a buyer’s market. For sellers, success now hinges on effective pricing strategies, compelling presentations, and flexibility. For buyers, this is a moment to step forward with confidence, as the leverage has shifted in your favor—especially in the resale market.

Click here for the report on Fort Lauderdale Waterfront Homes

Sales Volume & Pricing Trends – What Buyers & Sellers Need to Know

Buyers in the $1M–$3M tier are beginning to pause. Sales are down 15% year-over-year, a reflection of higher interest rates and greater sensitivity at this pricing level. However, pricing has remained firm, with only a 0.5% decrease in the average price per square foot. For buyers, this tier offers opportunity—but only if the property is updated and well-located. For sellers, the key to standing out is to price realistically and highlight lifestyle features that separate your condo from the growing competition.

In the $3M–$6M bracket, sellers are still reaching for aggressive pricing, pushing price per square foot up 12% over last year, even as sales have fallen 18% and inventory climbs. Buyers should recognize the negotiating power this imbalance provides. Sellers must recalibrate—market resistance is evident, and success will come to those who adapt quickly.

At the top end, the $6M+ resale tier has stagnated, with just one recorded sale and inventory up 70% year over year. Ultra-luxury buyers are focusing on pre-construction offerings, favoring new, branded developments such as St. Regis, Ritz-Carlton, and Waldorf Astoria. Sellers holding existing inventory in this bracket must face a hard truth: aspirational pricing is no longer supported by buyer behavior. The highest-priced resale in 2025—a Four Seasons residence—sold at a 22% discount, underscoring the need for strategic pricing, even for trophy properties.

Inventory & Absorption – Understanding Market Pressure

Condo resale inventory is growing across the board, especially at the high end. In the $6M+ range, there are seventeen active listings and only one sale—giving buyers an unmistakable upper hand. Sellers in this segment must face the market with clear-eyed realism.

In the mid-tier, inventory is also climbing, and time on the market has doubled. In the ultra-luxury segment, it has quadrupled. This inventory increase signals a crucial turning point: overpriced inventory is not being absorbed by the market, and the days of seller dominance are at an end.

Buyers now have more choice, more leverage, and the ability to negotiate terms that favor long-term value. Sellers must follow a new playbook: Price it right, Present it well, and Prepare to negotiate.

Buyer & Seller Behavior – Confidence vs. Conditioning

Buyer behavior is evolving quickly. In the $1M–$6M tiers, discounts of 7%–8% off the list price have become the standard, but deeper cuts are now being achieved on listings with aspirational pricing. One ultra-luxury sale closed 22% below ask, a clear indication that buyers are assertively pursuing value.

Today’s buyers are data-driven and savvy. They understand market comps and know when a property is overpriced. Sellers must move past the post-COVID pricing euphoria and acknowledge the reality of increased competition, particularly from new construction and branded product lines.

Trend alert: buyers are shifting away from the beachfront. Walkability, modern amenities, and luxury branding in Fort Lauderdale’s urban core are driving this change. Projects like Andare by Pininfarina and Viceroy are drawing attention. Sellers inland with well-designed, amenity-rich properties may find themselves in a better strategic position than expected.

Pre-Construction Activity – The Off-MLS Wildcard

While resale numbers tell one story, the pre-construction market tells a different one. Much of the healthiest luxury activity is happening off-MLS, driven by buyer demand for branded, lifestyle-oriented developments. From St. Regis to Waldorf Astoria, pre-construction projects are attracting capital from both local and relocating wealth.

Buyers are drawn to the newest construction & design, the allure of optimal locations, and the promise of future returns. Sellers of resale condos must recognize this as a key competitor and differentiate through price, presentation, and uniqueness.

Key Market Takeaways – Fort Lauderdale Condo Market 2025

For Buyers:

1. Leverage has shifted to your side, especially above $3M.
2. Don’t hesitate to negotiate more aggressively, especially on stale or overpriced listings.
3. Consider inland, walkable locations with luxury branding and full amenities.

For Sellers:

1. Recognize the rules of a buyer’s market: Price it right. Present it well. Prepare to negotiate.
2. Stubborn pricing will only lead to longer market times and erosion of value.
3. If you’re in the $6M+ bracket, you are now competing against high-profile pre-construction inventory—adapt accordingly.

Connect with the David Siddons Group

Connect with Elaine Tatum (305) 793-0540 or David Siddons (305) 508-0899 to learn more about the 2025  Fort Lauderdale condo  market. Give us a call or schedule a meeting via the application below.