South Florida Luxury Real Estate Market – September 2025 Report

South Florida’s September 2025 luxury market accelerated across Miami, Miami Beach, Brickell, Fort Lauderdale, Palm Beach, Sunny Isles Beach, and Bay Harbor Islands. Dollar volume rose double digits, absorption tightened to 4.2 months, and ultra-luxury ($10M+) sales tracked near record pace. Cash and international demand remained dominant, while new construction condominiums and waterfront estates saw the fastest turn. Despite price gains, Miami still offers compelling relative value among global gateway cities.