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
Q1 2025
Q4 2025
Q1 2026
Number of Sales
5650
5321
6474
▲14.6%
▲21.7%
Average Sales Price
$2,488,102
$2,421,218
$2,570,383
▲3.3%
▲6.2%
Median Sales Price
$1,600,000
$1,590,000
$1,650,000
▲3.1%
▲3.8%
Average Square Footage
3,340
3,313
3,385
▲1.4%
▲2.2%
Price Per Square Foot
$711
$699
$718
▲1.0%
▲2.8%
Average DOM
114
121
123
▲7.3%
▲1.5%
Sales Sold at Original List Price
600
557
575
▼4.2%
▲3.2%
Top Sale Price
$60,000,000
$97,500,000
$68,318,675
▲13.9%
▼29.9%
Total Sale Volume
$14,057,776,456
$12,883,302,582 $16,640,660,287 ▲18.4%
▲29.2%
Condos & Townhomes
% Change (1 Year)
% Change (1 Quarter)
CONDOS/TOWNHOMES
Q1 2025
Q4 2025
Q1 2026
Number of Sales
2044
1486
2229
▲9.1%
▲50.0%
Average Sales Price
$2,383,615
$2,268,662
$2,301,182
▼3.5%
▲1.4%
Median Sales Price
$1,700,000
$1,650,000
$1,650,000
▼2.9%
▲0.0%
Average Square Footage
2,348
2,343
2,288
▼2.5%
▼2.3%
Price Per Square Foot
$989
$954
$980
▼0.9%
▲2.8%
Average DOM
144
161
136
▼5.4%
▼15.6%
Sales Sold at Original List Price
360
93
178
▼50.6%
▲91.4%
Top Sale Price
$29,000,000
$36,000,000
$44,000,000
▲51.7%
▲22.2%
Total Sale Volume
$4,872,109,826
$3,371,231,312
$5,129,334,835 ▲5.3%
▲52.2%
SOUTH FLORIDA 2026 | Q1 LUXURY REPORT
Top 5 States for Incoming Buyers NEW YORK | ILLINOIS | OHIO | PENNSYLVANIA | NEW JERSEY
LUXURY REPORT
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