SOUTH FLORIDA REGIONAL MIAMI DADE | BROWARD | PALM BEACH | MARTIN | ST. LUCIE
South Florida is considered the metro area of the state extending from Palm Beach County to Miami-Dade County. The area radiates balmy temperatures and a luxury lifestyle, mixed with Latin and Caribbean cultures. The approximate 100 miles along the coast is home to roughly 5.4 million residents. If you are dreaming of a big-city getaway in Miami, a laid-back fishing trip off the coast of Fort Lauderdale, or an indulgent splurge in the Palm Beaches, you’ll find perfect weather all year- round. South Florida is home to a multitude of restaurants and entertainment options to experience including the historical Worth Avenue, Downtown City Place, Atlantic Avenue, Fort Lauderdale Beach, South Beach, and the Seminole Hard Rock Hotel & Casino.
Single Family Homes
% Change (1 Year)
% Change (1 Quarter)
SINGLE FAMILY HOMES
Q2 2025
Q1 2026
Q2 2026
Number of Sales
6,670
6,562
8,013
▲20.1%
▲22.1%
Average Sales Price
$2,454,508
$2,557,263
$2,630,768
▲7.2%
▲2.9%
Median Sales Price
$1,595,000
$1,650,000
$1,687,500
▲5.8%
▲2.3%
Average Square Footage
3,375
3,395
3,399
▲0.7%
▲0.1%
Price Per Square Foot
$692
$711
$734
▲6.1%
▲3.3%
Average DOM
115
124
115
▼0.0%
▼7.4%
Sales Sold at Original List Price
654
589
691
▲5.7%
▲17.3%
Top Sale Price
$74,250,000
$68,318,675
$75,000,000
▲1.0%
▲9.8%
Total Sale Volume
$16,371,571,481
$16,780,761,337 $21,080,347,744 ▲28.8%
▲25.6%
Condos & Townhomes
% Change (1 Year)
% Change (1 Quarter)
CONDOS/TOWNHOMES
Q2 2025
Q1 2026
Q2 2026
Number of Sales
2,098
2,270
2,590
▲23.5%
▲14.1%
Average Sales Price
$2,362,806
$2,324,456
$2,368,840
▲0.3%
▲1.9%
Median Sales Price
$1,700,000
$1,650,000
$1,700,000
▲0.0%
▲3.0%
Average Square Footage
2,341
2,292
2,350
▲0.4%
▲2.5%
Price Per Square Foot
$990
$987
$982
▼0.8%
▼0.5%
Average DOM
145
139
140
▼3.5%
▲0.6%
Sales Sold at Original List Price
170
176
188
▲10.6%
▲6.8%
Top Sale Price
$28,641,500
$44,000,000
$28,000,000
▼2.2%
▼36.4%
Total Sale Volume
$4,957,167,473
$5,276,514,319 $6,135,294,457 ▲23.8%
▲16.3%
SOUTH FLORIDA 2026 | Q2 LUXURY REPORT
Top 5 States for Incoming Buyers NEW YORK | ILLINOIS | MICHIGAN | NEW JERSEY | OHIO
LUXURY REPORT
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