Table of Contents
Florida’s East Coast Snapshot
Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade, Broward and Palm Beach County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval, Nassau, Flagler and St. Johns County.
Average Sales Price | Condominiums
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$0 $500,000
Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade, Broward and Palm Beach County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval, Nassau, Flagler and St. Johns County.
Palm Beach County
LUXURY HOME SALES INCREASE
Sales of homes priced above $5 million in Palm Beach County increased by 42%. More than 10% of total sales were in this price range.
Palm Beach County
SALES RISE, PRICES FALL
While sales increased by 12%, the median price fell by 14% from last year.
Martin County
LOWER PRICES DRIVE SALES
The median price fell by 8% from last year. The fall in prices helped to prevent a greater drop in sales.
NEIGHBORHOOD SNAPSHOTS
SINGLE-FAMILY HOMES
Martin County
INVENTORY SURGES
Inventory doubled from a year ago, but the increased supply did not add much downward pressure on pricing.
NEIGHBORHOOD SNAPSHOTS
