Condos and houses are not the same market
Condo supply sits at 11.1 months against 4.2 for single-family — roughly 2.6× the inventory behind every sale. Median asking $/sqft: $425 single-family, $321 condo.
Condo buyers have room that single-family buyers simply don't. Price either one off a blended South Florida average and you will be wrong in one direction or the other.


