South Florida Luxury Market Overview

A consolidated view of Miami-Dade, Broward, and Palm Beach luxury performance — pricing, absorption, and capital flows shaping the $3M+ segment.

Current
The numbers

Key indicators

Sourced from MLS + closed comparables
Median Luxury Price
$3.4M
YoY Luxury Volume
+8.2%
Months of Supply $3M+
9.1
International Buyer Share
34%
Analysis

What the data tells us

A consolidated view of Miami-Dade, Broward, and Palm Beach luxury performance — pricing, absorption, and capital flows shaping the $3M+ segment.

Persistent constraint in well-located inventory continues to support pricing across the upper segment, while the absorption rate signals a normalization away from the post-2020 surge — yet still firmly favoring sellers of well-positioned properties.

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Brenda Friend — South Florida luxury broker
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South Florida Market Report

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18 Years · Licensed Real Estate Broker · South Florida

The expert to call about South Florida.

For nearly two decades Brenda has represented South Florida's most discerning buyers and sellers across Miami-Dade, Broward, and Palm Beach. Her practice is built on three things: discreet, white-glove representation; deep neighborhood-by-neighborhood inventory intelligence; and a relentless commitment to net-result for the client — not press-release pricing.

18+
Years selling South Florida
Premier Listing Agency
Career sales volume
98.4%
Average sale-to-list ratio
−27%
Avg. days on market vs. region
40+ countries
International buyer network
Brenda Friend is a licensed Florida Real Estate Broker (License # 3201970), affiliated with Elite International Inc., a Florida licensed real estate brokerage located at 20764 West Dixie Highway, Aventura, FL 33180. All information presented on this website is deemed reliable but is not guaranteed and is subject to errors, omissions, change in price, prior sale, or withdrawal without notice. This is not an offer to sell or a solicitation of an offer to buy real estate to any person in any jurisdiction where prohibited by law. Equal Housing Opportunity.
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