The number of single-family houses, condominiums, and townhouses on the resale market in South Florida could drop below 100,000 residences for the first time in recent memory, according to a new report from Condo Vultures® LLC.

South Florida’s number of active residential listings decreased by -1 percent on a week-over-week basis to 106,420 condos, townhouses, and single-family houses, while the number of pending sales increased 1 percent to 9,393 properties on Dec. 1, according to a new report from Condo Vultures® Realty LLC.