Condos Could Be a Win for Today’s Buyers (2025 Market Update) | The Listing Team

Condos Could Be a Win for Today’s Buyers (2025 Market Update) | The Listing Team

Condos Could Be a Win for Today’s Buyers

Published August 20, 2025 | By The Listing Team at RESF

Not every homebuyer wants the biggest house on the block. Some prefer something simpler, more affordable, and easier to maintain—especially in today’s market where affordability matters. That’s where Fort Lauderdale condos, Oakland Park condos, Weston condos, and Pembroke Pines condos come in.

For first-time buyers, condos can be an easy way to step into homeownership without breaking the bank. For downsizers, they mean less maintenance while keeping access to great locations and amenities.

📈 Condo Inventory Is Up — More Choices for Buyers

According to the National Association of Realtors (NAR), there are nearly 194,000 condos for sale right now — one of the highest levels in three years.

Compared to early 2022, condo inventory has nearly doubled, giving today’s buyers more options and less competition. No more rushing into offers just to beat other buyers — now you can take the time to find the perfect fit.

💰 Prices Are Cooling — Buyers Hold More Power

Because inventory is up, many sellers are more open to negotiation. Redfin reports that buyers in many markets are finding sellers willing to offer concessions, price reductions, or closing cost help.

Nationwide, condo prices dipped 1.3% in June compared to last year. Over half of the top U.S. metro areas saw slight declines, making condos one of the most buyer-friendly property types right now.

✅ Bottom Line

Condos aren’t just a fallback option. In today’s real estate market, they’re one of the most strategic ways to buy. With more choices, softening prices, and added negotiating power, this could be the right time to find your condo in South Florida.

📲 Schedule a free consultation with The Listing Team today. Or explore our resources like a home valuation report to see your condo’s worth in today’s market.

Call/Text: 954-342-6180 | Email: scott@scottlehrrealtor.com

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