Luxury pending sales ↑30% yearly in January, the biggest jump among the 50 most populous US metros. Non-luxury pending sales ↑5.2% yearly locally; nationally, luxury pending sales ↓3.6% and non-luxury ↓1.8%. West Palm Beach luxury median price ↑10.7% yearly to $4.2M; non-luxury prices ↑1.2%. New listings ↓: luxury ↓4.3% yearly, non-luxury...
Luxury Homes
South Florida's luxury real estate market remains attractive, with home sales and prices rising in the third quarter compared to last year. There were 137 luxury sales across six markets, with prices up 9.6%. Palm Beach saw a rise in active listings, while Miami Beach experienced faster sales despite a decline in overall condo and single-family sales. The median price for single-family homes in Palm...
A new luxury single-family homes program is launched in South Florida for high-net-worth investors. Properties will range from $8M to $12M, offering a conservative IRR of 15% to 20%....