Watch: Miami Luxury Condo Market Insights—What the Q1 2025 Stats Don’t Tell You
May 28, 2025 May 28, 2025
Looking at our exclusive Q1 2025 and even the April data, Miami’s luxury condo market looks great on paper—but is that the full story?
Dive into our expert analysis of the first quarter 2025 luxury real estate market data, where record prices headline the stats and steady growth suggest a rosy outlook, but the real story is layered. For savvy investors and buyers, these deeper insights could make all the difference when it comes to making strategic moves in Miami’s evolving luxury housing market this year.
With the first quarter behind us, join Sep Niakan, veteran Miami real estate agent and founding broker of Blackbook Properties, for an unfiltered market reality check of Miami’s $1M+ and $2M+ condo segments. We’re decoding the mixed signals and unpacking what the numbers failed to show—from price tier nuances to noticeable shifts in entry-level luxury, changing buyer behavior, and rising inventory.
Moving from trends to truths, here’s what you’ll find in this video:
- Deeper dive into sales, prices, days on market, and inventory data for Q1 2025.
- Are luxury condo prices going to drop or are they stabilizing?
- What do smart investors and end-users need to watch right now?
- What to expect of Miami’s luxury condo market for the rest of 2025 and beyond?
Quick glance at Miami’s $1M+ condo market (Q1 2025 vs. Q1 2024):
- Sales up 2% (357 to 364)
- Price/Square Foot up 9.2% ($989 to $1,080 – a new record)
- Days on Market up 3.8% (79 to 82)
- Inventory up 15.8% (19 to 22 months) – a buyer’s market
For insights into the best-selling neighborhood, fastest-selling district, priciest zip code, and a full neighborhood-by-neighborhood breakdown of all the stats, we recommend reading our Q1 2025 Miami Luxury Condo Market Report. It’s your go-to source for the most detailed, data-backed look at what happened across the city this past quarter.
Have questions or want to make your next real estate move? At Blackbook Properties, we always cut through the noise to deliver clear, data-driven insights that help you make informed, strategic decisions. Reach out anytime and our expert agents will be happy to help you buy or invest with confidence.
Share your thoughts with us
Your Miami Condo Awaits
Recent Posts
Video Blog The Pros & Cons of Buying a Short-Term Rental Condo in Miami as a Second Home
Picture this… A second home or vacation home in Miami that lets you soak in the sun and earn while you’re away. That’s the dream most second-home buyers have in mind, including sparkling water views, breezy terraces and an investment that pays for itself when you’re not there. With most pre-construction condo projects in Miami being built to offer flexible rental options, that dream is more attainable than ever. But before you commit to a condo-hotel or Airbnb-friendly building, it’s worth thinking beyond nightly rates and rental calendars to consider what kind of second home experience you truly want. I’m Sep Niakan—a longtime Miami real estate agent and founding broker of Blackbook Properties—and in our latest video, I walk you through the lifestyle-versus-investment trade-offs between the more exclusive vacation rentals and the more revenue-driven Airbnb-friendly condos in Miami. At Blackbook Properties, we believe in showing both sides of the coin, and having worked...
Preconstruction New Fort Lauderdale Condos That Allow Airbnb and Short-Term Rentals
Known as the “Venice of America” and the world’s yachting capital, Fort Lauderdale is emerging as one of South Florida’s most exciting urban markets for real estate investors. The city generated over $125 million in tourist tax revenue last year—and approximately 14 million people visit Fort Lauderdale every year, contributing more than $11.4 billion to the local economy. Clear proof that there’s steady demand for short-term stays. For those eyeing top Airbnb-friendly opportunities in South Florida, Fort Lauderdale is a compelling choice. With its laid-back, powdery sand beaches, definitely boat-friendly lifestyle, navigable waterways, rich arts and culture scene, and collection of fine dining venues, Fort Lauderdale feels tailor-made for flexible living and short term stays. Developers are responding by bringing new, thoughtfully designed condo offerings to market. This new wave of Fort Lauderdale condos that allow Airbnb or daily rentals offers more than just a place to stay—each...
Transportation Brickell Bridge Schedule, Traffic and Solutions—All You Need To Know
If you’ve ever tried driving from Brickell to Downtown Miami for work, lunch or a meeting, you know the gamble. Most Miamians dread the thought of such a risky drive for fear of getting caught at the Brickell Avenue Bridge. One of Miami’s busiest drawbridges, it links Brickell to Downtown by connecting Brickell Avenue to Northeast 2nd Avenue. When it rises, so does frustration. The Brickell Bridge spans the busy Miami River, opening on the hour and half-hour (during non-curfew time) to allow both pleasure boats and maritime traffic to pass. For anyone navigating between Brickell and Downtown, these frequent openings can be a headache, especially as both neighborhoods keep on growing. So What’s the Problem with the Brickell Bridge? Let’s Investigate! Brickell is considered one of Miami’s hottest neighborhoods today. The “Manhattan of the South” is the city’s financial core and a highly desirable residential area, as well as a go-to destination for dining and nightlife. For many,...
Neighborhood Comparisons Comparing the Miami Beaches: South Beach vs Mid Beach vs North Beach
Describing South Beach, Mid Beach, and North Beach in Miami is like describing Downtown, Midtown, and Uptown in Manhattan. Each area has a huge variety of qualities that defines it from other parts of the city. Together they make up the whole of “Miami Beach.” But even though there are plenty of similarities, there are also enough differences among these neighborhoods to set them apart enough that each area of Miami Beach is unique unto itself. To give you an insider’s view, here’s our comparison of the three main geographic areas of Miami Beach in case you’re thinking of moving to one of them or are simply curious. — The Lifestyle If you’re considering moving to Miami Beach, chances are the beach lifestyle is a top priority for you. So, let’s explore what each of these neighborhoods has to offer. South Beach: Iconic Miami Beach Photo courtesy of miamiandbeaches.lat South Beach is undoubtedly the most famous part of Miami Beach, known for its vibrant street life, historic...
Lifestyle Your Complete Guide to Michelin Star Restaurants in Miami in 2025
What do cobia brined in mango boshi, hirami with marigold granita and a 42-day dry-aged tuna flown in from Japan have in common? They have all just earned the world’s most coveted culinary stamp of approval. The Michelin Guide Florida 2025 is out, and Miami continues to dominate the spotlight—while Fort Lauderdale makes its debut, signaling a new chapter for the state’s growing fine-dining map. In 2025, the distinction that can catapult a tiny 10-seat counter to international fame or cement a neighborhood’s status as a gastronomic destination brings fresh accolades. At the top of the list is Itamae Ao, a new one-star restaurant in Midtown that blends Japanese technique with Peruvian soul. Interesting fact: the neighborhood will also soon be home to a luxurious, gastronomy-focused condo concept, with kitchens, catering services, and amenities conceived by French master chef Jean-Georges Vongerichten. Get a first look in our exclusive video tour of Jean-Georges Miami Tropic...
Preconstruction May 2025: Fort Lauderdale and Palm Beach Pre-Construction Condo News Update
Working to meet the ever-increasing appetite for luxury residences in South Florida, particularly north of Miami, developers are moving full steam ahead with sales launches, groundbreakings, and architectural reviews. This month, Unilog Group launched sales for its boutique, ultra-luxury project boasting dual-waterfrontage, poised to bring an elevated standard of waterfront living to Hollywood Beach. Related Group’s Andare Residences, conceived in a direct partnership with Pininfarina, broke ground and is set to become the tallest residential tower in Fort Lauderdale. Star Developers unveiled a state-of-the-art sales gallery for One Hollywood Residences. And two new preconstruction projects secured construction financing to accelerate their development timelines. Plus, read on to find out which ultra-luxury Palm Beach condo project got sent back to the drawing board by town commissioners—and is now set for a design review in July—along with other updates in our May 2025...
(305) 697-7667
(786) 321-7233 
contact@condoblackbook.com
