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MRQ1_2026

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Q1

HEADLINES

Wealth Migration Fuels South Florida’s $10 Million-Plus Luxury Home Sales

– January 2026

Over $126M in 60 days —Florida real estate tycoons say blue-state wealth migration is now permanent

– MArch 2026

Mortgage rates jump to highest level in over 3 months

– MArch 2026

30-Year Fixed Rate (January 2025 - January 2026) (Blended Average of MND, MBA & Freddie Mac)

30-Year Fixed Rate (January 2025 - March 2026) (Blended Average of MND, MBA & Freddie Mac)

2020-2025 Total Transactions Between $500,000 - $2,000,000 Single-Family Homes and Condos in Miami-Dade, Broward and Palm Beach Counties 2,868 1,971 1,732 1,568 1,413 959

2020-2025 Total Transactions Between $2M - $10M

Single-Family Homes and Condos in Miami-Dade, Broward and Palm Beach Counties

MLS RESALES

Miami Dade
Broward
Palm Beach Counties

SINGLE FAMILY HOMES

Miami Dade
Broward
Palm Beach Counties

Single Family Homes Total Active Listings

Single-Family Homes and Condos in Miami-Dade, Broward and Palm Beach Counties 16,552 13,993 11,085 9,495 8,792 6,149 4,839

"A" Houses

(Waterfront / Prime Locations)

141 Active Listings

Avg. $36,000,000

"B" Houses (Non-Waterfront / Prime Locations)

2,001 Active Listings

Avg. $13,000,000

"C“ Houses (Everything else)

11,851 Active Listings

Avg. $1,080,000

Single-Family Home Transactions | Q1 2020 – Q1 2026

Miami-Dade, Broward and Palm Beach Counties 12,398 11,310 10,468 8,411 8,111 8,057

9,754

CONDOS

Miami Dade
Broward
Palm Beach Counties

Condos: Total Active Listings

Miami-Dade, Broward and Palm Beach Counties

17,249 8,497 6,849 1,995

Less than 10% of Active Listings Are Less Than 10 Years Old

Total Condos Available for Sale East of I-95 Less than 10-Years Old (No Daily Rentals) Miami-Dade County Broward County

1,227 Total Active Listings in Miami-Dade County

191 Total Active Listings in Broward County

1,537 Total Active Listings Palm Beach County

119 Total Active Listings in Palm Beach County

Active Listings

East of I-95

1,537 Active Listings

2,564

2025 Closed Transactions

9 Months of RemainingInventory for Sale

6 Months of RemainingInventory for Sale

3 Months of RemainingInventory for Sale

2025 Closed Transactions 362

AMENITIES

Miami Dade
Broward
Palm Beach Counties

Average Total Amenity Square Footage Condos Built From 2000 - 2010

8,000 2000 - 2010

Pool Fitness Center

Swimming

Average Total Amenity Square Footage Condos Built From 2012 - 2020

2000 - 2010 2012 - 2020 Fitness Center Lounge Swimming Pool Children’s Playroom

8,000

25,000

Average Total Amenity Square Footage Condos Built since 2021

Wellness & Rejuvenation

Entertainment, Business & Leisure

Outdoor Leisure

Swimming Pool
Poolside Cabanas
Zen Gardens
Padel & Pickleball Courts

NEw COnstruction

Emerging South Florida Condo Neighborhoods and Development Trends

Miami Dade Broward
Palm Beach Counties

South Florida Pre-Construction Developments

58,953

Units Condo Developments

Total Units Being Delivered for Traditional Condos Released for Sale Since 2021 1,796 1,633 1,312 1,206

3,664

Total Units under construction: 9,611 Units % Sold: 70% Sold unsold: 2,833 Unsold Units

Emerging Neighborhoods

Design District
North Bay Village
Hollywood Beach
Pompano Beach

DEMAND

Miami Dade
Broward
Palm Beach Counties

Florida’s Historic Year Daily Population Growth

Post-Pandemic Wealth Migration With Billions Flowing Into Florida

#1. Florida

#2. Texas #3. South Carolina #4. North Carolina #5. Tennessee

Illinois

New Jersey

Google Billionaire Larry Page Snaps

Up 2 Miami Mansions for $173 Million—After Moving Business Out of California Amid Wealth Tax Threat.

Mark Zuckerberg Buys Newly Built

$170 Million ‘Billionaire Bunker’ Mansion in Record-Breaking Deal.

The Residences At Mandarin Oriental, Miami Achieves Two Record-Setting Penthouse Sales

Totaling Nearly $50M+ Each / Over $6300 PSF.

Howard Schultz, former CEO of Starbucks, purchases a record-setting $44M residences at The Surf Club, Four Seasons Private Residences in Surfside, Miami Beach, achieving $8,000 per sqft, one of the highest prices ever recorded on Miami Beach.

Billionaire Google Co-Founder Sergey Brin Drops $51M on Miami Waterfront Mansion – Joins Tech Titans Flocking to Florida.

Q1

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