South Florida Condo Market Sees 72% More Condo Sellers Than Buyers in the U.S.
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In August 2025, there were 72.3% more condo sellers than buyers across the U.S. According to Redfin’s recent report the U.S. condo market is seeing one of its most buyer-friendly periods in over a decade, 259,638 sellers versus 150,693 buyers. And five of the ten most oversupplied condo markets are right here in the Sunshine State, including Miami, Fort Lauderdale, West Palm Beach, Tampa, and Jacksonville. For buyers who can afford it, the window to negotiate better condo deals is wide open.
What’s Causing the Condo Oversupply Across the U.S. and Florida?
According to Redfin data, the condo market has experienced an oversupply for five consecutive months, reaching its widest gap of 81% in April 2025. The only time the imbalance was greater was in…
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