As developers are offering few new developments, buyers continue to target “re-sale” inventory in the Brickell area. As a result, Inventory has been dropping steadily. Key stats as follows:

  • Inventory decreased by 12% from October 2018 to October 2019
  • Total number of units sold decreased by 10% from October 2018 to October 2019
  • Inventory absorption remained steady at 24 months worth of inventory from October 2018 to October 2019