Rising sales, a strong presence of international buyers, and a high volume of cash transactions continue to support momentum in the premium segment, even as other areas of the market face adjustments.
Florida’s luxury real estate market once again showed clear signs of strength during the third quarter of 2025. While other segments of the residential market navigate a period of adjustment and increased caution, high-end properties continue to post steady transaction activity, driven by high-net-worth buyers, sustained international demand, and a strong preference for cash purchases.
The data confirms that the luxury segment continues to operate under its own set of dynamics within the broader housing market.
Sales Rise in Florida’s Most Exclusive Markets
The state’s most sought-after enclaves led the increase in transaction volume during the period analyzed. According to Real Estate Market data, Wellington posted the strongest growth, with sales rising nearly 20%, followed closely by Palm Beach, which recorded a 19.2% increase.
Delray Beach also delivered a solid performance, with sales up 16%, while Naples saw a 10% increase and Fort Lauderdale posted a 6.8% gain.
Although some markets experienced declines—such as Vero Beach, where sales fell 14.1%, and West Palm Beach, which dropped 10.4%—the overall picture remains positive. The premium segment continues to outperform the broader market, supported by active demand even amid heightened volatility.
Cash Transactions Continue to Define the Premium Segment
One of the defining characteristics of Florida’s luxury market is the dominance of cash transactions. During the third quarter, 93% of all sales in Palm Beach were completed without financing, underscoring the strong balance sheets of luxury buyers.
In Miami Beach, cash transactions accounted for 92% of sales, further reinforcing the city’s appeal among international investors who prioritize speed, certainty, and efficiency in closing deals.
This trend reflects the ultra-exclusive nature of these markets, where liquidity is not only a transactional advantage but also an integral part of the investment profile associated with luxury real estate.
Price Resilience and Focus on High-Value Properties
Price trends further highlighted the luxury segment’s resilience. In Palm Beach, the median home price increased by 7.4%, while the largest gains were recorded at the top end of the market: properties in the top 10% rose by 22.5%.
In Miami, the median price of single-family homes declined by nearly 17%. However, price adjustments in the luxury segment were far more moderate, with a 6.5% decrease. High-end condominiums followed a different trajectory, posting a sharp 42.2% increase, compared with a 5% rise across the broader condo market.
Inventory levels expanded in line with this activity, with condominium listings up 8% and single-family homes up 2%, particularly in Miami. This increase in supply broadens options for discerning buyers who prioritize architectural design, construction quality, and differentiated amenities.
Industry experts note that international interest in Florida’s most exclusive properties remains strong, with buyers becoming increasingly selective and focused on long-term lifestyle value and wealth preservation.
For investors evaluating opportunities in the U.S. luxury real estate market, Florida continues to stand out as a compelling destination—offering established luxury enclaves, sustained demand, and assets that combine lifestyle appeal with long-term value protection.
At Swann, we support discerning buyers and investors with market intelligence, strategic analysis, and access to properties that define today’s luxury standard. Exploring opportunities now means positioning ahead of tomorrow’s decisions.