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

Miami-Dade and Palm Beach counties saw 94 residential closings of $3 million or more in September 2026, totaling $645.4 million. The average sale was $6.87 million, median $4.50 million, and median price per square foot $1,431. Miami-Dade led with 59 closings ($387.3M), Palm Beach had 35 ($258.1M). Most sales (86.2%) ranged from $3M to $10M. Top sale was $40M in Palm Beach. Miami Beach led markets with $178.5M across 29 sales.