“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.
Last month, it was a house strapped to a skyward rocket, (with a poor real estate agent hanging on for dear life). This month, the house is blasting into the skies all on its own. We are referring, of course, to the artwork accompanying The Real Deal’s South Florida residential market reports for September and October, which show a dramatic revival after a stagnant couple of years. Is this reversal some kind of instant “Mamdani effect,” or does the market truly have the right stuff for sustained altitude? We boldly take one small step into the data, and one giant leap into this edition of “South Florida by the numbers.”
13
Percentage increase in total dollar volume ($4.3 billion) across the region in September 2025, compared to September 2024 ($3.8 billion), according to Multiple Listing Service data collected by the Miami Association of Realtors. Other highlights included Miami condo dollar volume spiking by 18 percent, Broward single-family home dollar volume climbing by 13 percent, and Palm Beach total sales exploding by 22 percent, year-over-year. [TheRealDeal]
$4.8 billion
Demonstrating that the September report was no fluke, total dollar volume across the region in October 2025 showed a year-over-year increase of 14 percent. Key takeaways from this report include Miami single-family home dollar volume jumping by 14 percent, Broward condo closings rising by 11 percent, and Palm Beach single-family home sales leaping by 33 percent. [TheRealDeal]
$1 million (and above)
Single-family home sales in this price range demonstrated remarkably different demand across the region’s three counties in October. In Palm Beach, sales of $1 million-plus houses soared by 33.1 percent, with Miami not too far behind with a 27.2 percent increase. But Broward’s luxury market struggled last month, as sales of homes in the price range declined by 2.3 percent. [SFBJ]
426
At its current pace, the number of $10 million-plus home sales expected in South Florida for the calendar year. This number is just shy of the record of 444 set in 2021, when market conditions were dramatically altered by trends associated with the Covid pandemic. [MiamiHerald]
100
Percentage that Miami condo prices have increased since 2015. Despite that figure, this sector is still facing challenges, as median prices decreased 3.61 percent, year-over-year, from $415,000 to $400,000. [SouthFloridaAgentMagazine]
This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.
