Will World Cup Visitors Alleviate Worsening Buyers Market For South Florida Condos?

In this episode of Miami Condo Mondays™, the hosts discuss whether international soccer fans will buy up some of the 11.5 months of condo supply listed for resale in the tricounty region.Miami Condo Mondays™ features Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com in a weekly deep dive into South Florida condo real estate.Recorded in Greater Downtown Miami, the podcast delivers an hour of high-level analysis on preconstruction condos, market trends and investment strategies for the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.The show leverages more than 60 years of combined institutional knowledge as Zalewski provides the macro perspective and Huertas offers on-the-ground micro insights from her daily experience in the trenches.The show streams live every Monday at 4 pm on the social media accounts of both hosts to provide an authoritative look at the latest shifts in the condo market.Episode OverviewIn this episode of the Miami Condo Mondays™ podcast on June 8, 2026, co-hosts Jenny Huertas of CVR Realty and Peter Zalewski of the Miami Condo Investing Club™ mark the one-year anniversary of Miami Condo Mondays™ and open Season Two with a discussion about the May 2026 condo sales data stretching back to the year 2000.South Florida’s headline number out of the May 2026 statistics is 11.5 months of condo supply listed for resale in the tricounty region of Miami-Dade, Broward and Palm Beach.The Miami Condo Supply Tracker™ classifies that reading at the high end of a Buyers Market, moving closer to entering a Deteriorating Buyers Market, which begins at 13 months.With 24,300 condos sitting unsold at an average asking price of $967,000, and sellers demanding a 52% premium above the $636,000 average transaction price from the recently concluded 2025-26 Winter Buying Season, the market is testing the outer boundary of the Buyers Market tier.Sellers are not moving fast enough to avoid it.South Florida’s Overall condo sales posted their first year-over-year gain since 2021 in May but only after sellers cut prices.Vintage condos—units at least 30 years old that represent the dominant share of both the tricounty market's 760,000 units and all transactions—tell a similar story, with sellers showing signs they are closer to capitulation than their Overall market counterparts.The episode covers the wall of headwinds facing sellers for the remainder of the 2026 Summer Buying Season: the FIFA World Cup drawing tourists but not condo shoppers, mortgage rates climbing toward 7%, a new Federal Reserve chairman who may have to raise rates rather than cut them and a coming Fannie Mae policy change in August 2026 that will make condo financing harder to obtain.Huertas and Zalewski also revisit the call she made in Season One—that the market felt like 2007 before the 2008 selloff—and discuss what kind of event it would take to finally break the standoff between stubborn sellers and buyers waiting for price capitulation.They also share a practical rule of thumb for buyers who want to move now without “catching a falling knife.”Season One produced a year’s worth of calls that held up. Tune in to find out what Season Two has in store.As part of the 2026 Summer Buying Season initiative to publish episodes more quickly, the podcast summary has been eliminated, meaning viewers should use the timestamped timeline and the Top 10 Takeaways to navigate the show on demand.