I have a listing in Coconut Creek, Florida. It is a beautiful condo in the Township - a development by Minto Builders which did a spectacular job - and it still is as popular today as it was first built.
That being said, there are many subdivisions in the Township with individual condo associations. All ages are welcomed - but some have pet restrictions which are rather inconvenient to buyers and sellers -
Sellers want to sell the property to 100% of the buyer population - pet restrictions limit the numbers of buyers options - therefore primarily the price drops considerably because the property cannot be marketed to all pontential buyers.
Restrictions are helpful for the betterment of society - but when 70% of the American population actually have pets - it does limit the number of buyers for the property.
Supply and demand - I wonder what condo associations think when ratifying the condo docs to restrict pets?
Do they know that they are lowering the property value for the whole community?