Pending Listing Inventory: ↓ 10.0% yearly Active Listing: ↑ 38.3% yearly New Listing: ↑ 13.6% yearly Median Days on Market: 62 days Median Listing Price: $575K, ↑ 0.9% yearly...
Price Trends
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...
Residential sales in South Florida during Q3 generally ↓, but prices continued to ↑. Palm Beach experienced double-digit annual declines in sales. Single-family home sales ↓ 31% to 11 closings and condo sales ↓ ~50% to 23 closings....