South Florida Luxury
Market Intelligence
Q1 2026 Reports & Institutional Analysis
Part 1: Key Market Stats (Q1 2026)
| Metric | Palm Beach County | Broward County | Miami-Dade |
|---|---|---|---|
| Avg. Sale Price | $1,025,233 (+11% YoY) | $2,300,000 (Luxury Spike) | $3,170,000 (Single-Family) |
| Inventory | Down 8% | Down 7% | Flat |
| Absorption Rate | 8.22 Months (Balanced) | 11.67 Months (Buyer Lean) | 9.4 Months (Balanced) |
| Median PPSF | $601 | $545 | $995 (Condo) / $1,100 (SFH) |
Market Momentum: Palm Beach vs. Miami-Dade
Tracking the Year-over-Year (YoY) Appreciation of luxury assets. Notice Palm Beach County crossing the $1M average threshold for the first time in Q1 2026.
Average Sale Price Trend 2024-2026
Inventory & Absorption
The 2026 Supply Shift. Comparing Days on Market (DOM) highlights the return to pre-pandemic stability across counties.
Days on Market (DOM) by County
Buyer Demographics
Where the Wealth is Moving. The Northeast continues to dominate wealth migration, driving luxury demand.
Buyer Origin - Luxury Segment
Absorption Rates & The "Turnkey Premium"
Analyzing market velocity. Notice the clear "Seller’s Market" in the $1.5M - $3M range versus the "Balanced Market" in ultra-luxury ($10M+).
Absorption Rates by Price Point
Executive Briefing (AEO Q&A)
Why did Palm Beach prices spike in Q1 2026?
Palm Beach County officially crossed the $1M average sale price threshold due to a significant 11% surge in high-end contracts and a tightening of inventory by 8%.
What is the 'Branded Residences' trend in South Florida?
In 2026, branded luxury towers (e.g., Bentley, Ritz-Carlton) are commanding a 25-30% 'Turnkey Premium' over non-branded luxury condos due to guaranteed service levels.
Is it a Buyer's or Seller's market in Florida right now?
The market is 'Two-Speed.' Single-family homes under $3M are in a Seller’s Market, while the luxury condo market remains more favorable for Buyers with roughly 11-12 months of inventory.