South Florida's luxury market demonstrated a continued return to pre-pandemic equilibrium during the third quarter of 2025, according to The Keyes Company and Illustrated Properties' latest Luxury Market Report. The region's high-end single-family sector enjoyed notable year-over-year gains in $1 million-and-up single-family transactions.
Across Miami-Dade, Broward, Palm Beach, the Treasure Coast, and Southwest Florida, luxury single-family sales jumped 6.2% year-over-year to 3,589 in the third quarter of 2025. Palm Beach County, Southwest Florida and the Treasure Coast drove the region's overall uptick. However, the high-end condominium sector saw a 6.3% year-over-year decline in transactions to 980.
Luxury pricing continued Q2's positive year-over-year trends thanks to consistent buyer demand. The region's average single-family sales price managed a fractional year-over-year increase to $2.35 million, so the overall transaction gain was no...
Did you know that Florida is experiencing an industrial economic boom? Florida has shown strong growth in a variety of key industrial sectors. These include ports, logistics, and e-commerce, all of which are helping to drive Florida's strong industrial growth. Our real estate agents have more on the industrial boom in Florida, the key sectors for growth, and how it could impact your commercial real estate plans.
One key trend driving the industrial boom is that Florida consistently ranks as one of the fastest-growing states in the country, significantly outpacing the national average. This is driven partly by immigration from other countries, especially...
Just as with any real estate purchase, a property inspection is an essential step. A commercial real estate inspection helps uncover potential issues, prevents unexpected costs, minimizes risk, provides peace of mind, and can even give you leverage for negotiating with the seller. Our real estate agents have more on why you shouldn't overlook the importance of inspections in commercial real estate.
Safety and compliance often go hand-in-hand in real estate. A commercial real estate inspection can help with both. Fundamentally, you want to make sure that the building is safe for customers, employees, and tenants. An inspection can uncover problems such as structural damage, electrical hazards, and plumbing issues, all of which can pose significant risks.
Compliance touches on many matters involving safety, and a...
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