I N S I G H T I N T O T H E U LT R A - L U X U R Y R E A L E S T A T E M A R K E T
FLORIDA MARKET REPORT
BESPOKE LUXURY MAGAZINE
279
TOTA L $ 1 0 M + S A L E S 2019 - 2020
82 SALES IN 2019
In 2020, Palm Beach County had 82 $10M+ trades, the same number as the entire state of Florida in 2019.
44
197 SALES IN 2020 ↑140.2%
Like other secondary markets, Florida’s staggering increase in sales quantity reflects a major migration to the region, one offering better climate and more space. The entire state of Florida made a total of 279 sales above $10 million in a two-year period, with 82 in 2019 and 197 in 2020. Every county in Florida
with ultra-luxury inventory saw an increase in sales, except Indian River County, which had one sale each year. The counties leading in yearover-year sales quantity growth were Palm Beach at 164% and Miami-Dade at 125%.