South Florida’s luxury real estate is booming, with million-dollar home sales climbing at their fastest pace in nearly two decades and Palm Beach County leading the way.
Year-to-date sales of million-dollar homes in South Florida have risen to an all-time high since 2008, with 2,040 sales as of February 2026, according to the Miami Association of Realtors.
In February, million-dollar single-family home sales climbed a strong 17.8% year over year, while condominium and townhome sales grew 21.6%, resulting in an overall increase of 18.8% across the luxury market…