Both high-end single-family and condominium sectors enjoy substantial year-over-year gains
South Florida's luxury market saw significant year-over-year gains in both transactions and average sales price during the third quarter of 2026, according to The Keyes Company and Illustrated Properties' latest Luxury Market Report. The high-end single-family and condominium sectors each posted significant increases in sales activity and pricing.
Across Miami-Dade, Broward, Palm Beach, the Treasure Coast and Southwest Florida, luxury single-family sales surged 19.1% year-over-year to 6,409 in the third quarter of 2026. The high-end condominium sector enjoyed a 13.3% year-over-year jump in transactions, reaching 1,561.
Every territory tracked in the quarterly report recorded year-over-year increases in single-family sales. On the condo side, Miami-Dade and Palm Beach counties joined Southwest Florida in driving the year-over-year...