We’ve made a list and checked it twice! However, it might not be the sort you’re expecting. 

As we get ready to step into 2025, we gathered all the questions our clients and followers have been asking us. If you’ve ever been curious about Miami’s luxury housing market and where it’s headed in the new year, this video is a must-watch!

In this Q&A video, Sep Niakan, veteran Miami real estate agent and Founding Broker of Blackbook Properties & condoblackbook.com, shares his expert views on what to expect from Miami’s real estate market in 2025. We’re discussing all the latest trends, providing our market forecasts, debunking rumors, and reviewing our predictions for Miami’s luxury condo market in 2024 – we hit the bull’s eye on most!

Some of the questions we’re covering in the video are:

Where’s the Miami Housing Market Headed in 2025?

As the new presidential administration takes office, it’s no secret that Miami is poised to become a political and financial powerhouse – and, as a result, draw more attention to our luxury housing market. Most out-of-towners are willing to pay top dollar as they relocate to tax-friendly Miami to enjoy our active lifestyle, vibrant arts and culture scene, pristine beaches, and year-round sunshine. So, even as prices increase, we expect luxury condo demand to remain steady or improve in 2025. 

What Luxury Shifts Are We Witnessing in 2025?

Another trend worth noting is the changing definition of “true luxury” in Miami. Traditionally, luxury housing referred to properties priced at $1 million or higher. However, this trend is shifting. Currently, the price point corresponds to an average or above-average home in the area. “True luxury” now starts at $2.5 million and often falls within the range of $10 million to $15 million.

Is the Pre Construction Boom Close to End?

Not in the slightest. There is a significant number of pre-construction condos in development that are designed to meet the needs of affluent families moving to our city. These projects aim to fill the market gap for spacious, ultra-luxury condos meant for end users, offering a wider range of options to international investors, centi-millionaires, and ex-pats who demand a high quality of life.

For more detailed insights, check the above video and let us know your comments - we’d love to hear from you!

Your next big move could be a few clicks away! Text or email us for recommendations on the best investment or end-user condos for sale in Miami in 2025, and an expert will gladly assist you in making an informed purchase.