The Q1 2020 Miami Real Estate Market Analysis and Report

2020 Miami Real Estate Market Trends and Forecast

Our focus in this 2020 Miami Real Estate Market Analysis and Report was to produce a detailed ‘actionable’ report for the premium Miami neighborhoods, for both homes and condos. We have appropriately produced this report at the end of Q1 (End of March 2020) just as we experience the seismic effects of the Corona Virus. As we need to collate all the date through to the end of March we wont have this report published until the 8th April. This way we can ensure we have not missed anything. WE ARE CONFIDENT THAT BECAUSE THIS REPORT IS THE MOST UP TO DATE INFORMATION ON THE MIAMI MARKET AND EVEN WEIGHS IN ON THE CORONA OUTBREAK IT WILL BE THE IMPORTANT AND USEFUL REPORT OF ITS KIND ANYWHERE. Now more than ever we feel our clients and readers are looking for optics on the market and the production of both granular and holistic observations are fundamental parts of the report. Designed to help those on what to do next in these unpredictable times! Please remember this is not the opinion of a third party analysis group hired to translate data. We are actually agents in the field, working with buyers and sellers EVERY DAY so our observations are made from actual experience. As always, please call me for personal guidance!

2020 Miami Real Estate Market Analysis and Report. Read everything about the Miami real estate market predictions 2020

What neighborhood sub markets are selling at all time highs?  This is going to be really useful for sellers. It tells you when it might be time to step out and capitalize on the all-time highest prices in that market. Can it go higher? Is there confidence to push it higher? Take a look at the inventory and absorption rate and assess if you think this will make sales slow down and bring down the peak. Do you want to move to one of the hottest markets? Understand the expectation of sellers and know if you are going to low ball an offer how likely it will be met with stone cold silence or open arms?

2020 Miami Real Estate Market Analysis and Report. Read everything about the Miami real estate market predictions 2020

Weak markets also spell opportunity, and understanding what makes these markets weak can help you take advantage and get an amazing deal! If you own in this market and are trying to sell, understand where the market floor is. You may be priced to sell, and may not need to reduce any further or you may need to wake up and smell the coffee!

The 2020 Miami Real Estate Market Analysis and Report will report on which condos are crushing it and achieving the very best prices (per SF)?. If you are looking for the best of the best condos to live in then this is for you. You will also able to see their performance over the entire economic cycle from 2010 to 2020. Which ones will remain on top and which ones may fall from grace?

2020 Miami Real Estate Market Analysis and Report. Read everything about the Miami real estate market predictions 2020

Which condos are getting hammered and either worth exploring or avoiding? Should you be bold when others are fearful? In case you like the building and the neighborhood do you feel you can take advantage of weak consumer psychology and exploit the situation?

The 2020 Miami Real Estate Report: The (Socio) Economic and Demographic influences in the Market

We work to empower our clients, no blind faith required. Our analytics systems are built by us (Neighborhood  Economic Health Score and Condo Geek Analytics)  They are not for anyone but our clients but the tools are specific enough to help clients make actionable decisions on their specific situation and to make Miami real estate market predictions for 2020 and years to come. Software for both homes and condos and data that goes back 12 years to 2008! As we say history does not repeat itself but it certainly rhymes.

The 2020 Miami Real Estate Report: The (Socio) Economic and Demographic influences in the Market

‘Who is buying?’ and ‘Why are they buying?’ This is about Market psychology and the effects of the FED rates. Our observations on how corona virus could affect the psychological state and which sectors are most vulnerable. The effect of the stock market drop both positive and negative. Interest rates and income tax incentives, the global phenomenon’s of weak currencies as well as what we might consider a safe haven for our cash.

The Q1 2020 Miami Real Estate Report: How did every Miami Neighborhood Perform in Q1 2020?

THIS IS A MUST READ FOR ANY PROPERTY OWNERS WHO LIVE IN THE NEIGHBORHOODS MENTIONED BELOW. Each of Miami and Fort Lauderdale’s Neighborhoods Performance for Q1 (3 observations per neighborhood). Some cliff observations on every major luxury neighborhood both homes and condos (Brickell, Downtown, Edgewater, Coconut Grove, South of Fifth, South Beach, Miami Beach, Bal Harbour, Surfside, Key Biscayne, Aventura, Sunny isles, Coral Gables, Pinecrest and Fort Lauderdale are all covered)

The Q1 2020 Miami Real Estate Report: Investing in the Miami Real Estate Market

There will certainly be two groups of sellers. Those who are reactive to the market, or have lost significant wealth from being overly invested in the stock market. This could push those sellers to be more motivated to sell off their properties quickly because they need liquidity. There will also be the ‘newer’ home buyers who may be nervous to act because they are less seasoned millennials and have never in their adult like experienced a down market. Then there will be those who are holding cash and have the means and the psychology to take advantage of the first category and will be ready and able to pick up deals. Over heated luxury markets of LA and NYC could also drive buyers furthermore into Miami as the wealthy take a good hard look at their own financial situation to then decide how they can protect their wealth moving forward

Regardless of your needs: buyer or seller, we should be your first call. Regardless of our marketing and digital footprint, with the optics and software at our disposal on the market, you should call me direct. Even if its just for a free flowing casual chat, you owe it to yourself to see as many possible angles in these uncertain times. The world is going to keep on spinning regardless. How and WHERE we decide to spent our time, energy and money is down to us.

David Siddons | +1.305.508.0899 |

David Siddons is a top producing realtor with Douglas Elliman Real Estate. Within the Miami market he is known as a market analyst and he is the author of several of Miami’s most influential real estate reports and forecasts including this Q1 2020 Miami Real Estate Market Analysis and Report


These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!


For all our analytics we are agents driving some very unique and advanced tech. We Provide a granular and custom experience that empower our clients with the insight and tools to understand the most complex behaviors of any local markets.

  • Analytical

    Over 100 reports produced to date

  • Knowledgeable

    Over 1800 published articles and counting

  • Experienced

    Over $2 billion in real estate sales

David Siddons

Related Articles