South Florida's luxury market demonstrated a continued return to pre-pandemic equilibrium during the third quarter of 2025, according to The Keyes Company and Illustrated Properties' latest Luxury Market Report. The region's high-end single-family sector enjoyed notable year-over-year gains in $1 million-and-up single-family transactions.
Across Miami-Dade, Broward, Palm Beach, the Treasure Coast, and Southwest Florida, luxury single-family sales jumped 6.2% year-over-year to 3,589 in the third quarter of 2025. Palm Beach County, Southwest Florida and the Treasure Coast drove the region's overall uptick. However, the high-end condominium sector saw a 6.3% year-over-year decline in transactions to 980.
Luxury pricing continued Q2's positive year-over-year trends thanks to consistent buyer demand. The region's average single-family sales price managed a fractional year-over-year increase to $2.35 million, so the overall transaction gain was no...
The Keyes Company, Florida's largest independent real estate brokerage, expands into the Florida Keys as the firm approaches its centennial year of operation. As a natural extension of its growing geographic footprint, Keyes opened a temporary office in Tavernier with plans to ultimately establish a permanent presence in the Keys region.
Tony Garcia, the longtime leader of Keyes' Homestead office serving buyers and sellers across South Miami-Dade County, will oversee the new Keys office as its District Sales Manager. Tony and his wife, Nancy, have a decorated history of community service and philanthropy in the Homestead area and are eager to extend their community engagement to the Florida Keys.
On Garcia's watch, the Homestead office produced nearly $300 million in annual volume and is consistently Keyes' top-producing office in Miami-Dade County.
"We are bringing the unmatched resources, real estate services and community impact of Keyes to the Florida Key...
If you're thinking of moving to Florida, you aren't alone. Florida's population has grown faster than any other state since 2020 according to the US Census Bureu. In fact, seven Florida cities made the World's Best Cities list for America's Best Cities. Whether your desire is to be surrounded by nature, people, or
Here are a few things to know before you pack your bags for the Sunshine State, along with tips to make your move as smooth as possible.
Florida is famous for its sunshine, but don't expect endless blue skies. Much of the state has a subtropical climate, which means hot, humid summers and mild, sometimes c...
The wait continued for any buyer expecting an actionable drop in pricing during the second quarter of 2025, according to The Keyes Company's latest Luxury Market Report. Both the region's high-end single-family and condominium sectors experienced year-over-year pricing increases, with Palm Beach County leading the way.
Across Miami-Dade, Broward, Palm Beach counties, the Treasure Coast and Southwest Florida, the average luxury single-family sales price rose 9.3% year-over-year to $2.91 million in the second quarter of 2025, while the average high-end condominium price increased 4.8% to $2.54 million.
Palm Beach County led the tri-county area's growth, with a 10.6% increase in the average single-family sales price to $3.23 million, and a 13.2% increase in the average luxury condo sales price to $2.7 million. Southwest Florida was the b...