South Florida Luxury Market Report: September 2026 Brings 94 $3M+ Closings and $645.4M

September 2026 marked another impressive month for South Florida’s luxury market, with 94 residential closings over $3M and a total sales volume of $645.4M across Miami-Dade and Palm Beach. The average sale price reached $6.87M, while the median landed at $4.5M—most transactions falling in the $3M–$10M range. Palm Beach claimed the top sale at $40M. As someone who has called Florida home for years and guided clients through every twist of the real estate process, I know the draw of these exceptional homes and the unique lifestyle they offer. Whether you’re exploring new opportunities or searching for your next paradise retreat, understanding these trends can help you make confident, informed decisions in our dynamic market.

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