Posts from October 23rd, 2025
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Q4 2025 Luxury Report: High-End Single-Family Transactions Jump Across South Florida
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...
