Florida metros in Redfin’s top ten for luxury median-price growth
October 2026 edition
Florida’s luxury market,
in perspective.
Florida’s luxury market report compares price momentum, market pace and supply across 50 U.S. metros, using a dated June–August 2026 Redfin snapshot checked on 2 October 2026. Five of ten Florida metros are in Redfin’s top ten for luxury median-price growth, and Miami’s luxury median-price change of 18.1% is the largest in the 50-metro display.
Look beyond a single headline. Compare price momentum, market pace and the public record behind a selection of completed deals.
June–August 2026 · 50 U.S. metros
Primary data checked October 2, 2026
Miami’s luxury median-price change, the largest in the 50-metro display
Miami’s luxury median time on market, 26 days longer than a year earlier
Data: Redfin, a national real estate brokerage. A dated primary-dashboard snapshot; figures may be revised.
01 / The market comparison
Different markets.
Different signals.
Luxury means the most expensive 5% of each local market. It does not mean the same dollar threshold everywhere.
50 metros in this view · Luxury median-price change
A national perspective
Choose a market below Florida U.S. peers
Dots locate reference cities approximately, not metro boundaries. Nearby markers are separated for clarity, with lines to their geographic reference points. On smaller screens, use the full-size selector below the map; it provides every market and updates the highlighted point.
Luxury median-price change
June–August 2026U.S. benchmark+5.2%
The 12 largest values in this view are shown. The table includes every matching metro. A change in the median price of sold homes; transaction mix can affect the result. Bar lengths show absolute magnitude; signs are written beside each value.
Put two markets side by side
Florida
Miami, FL
$4.94M+18.1% year over year
Luxury median sale price · $4,938,739
- Median time on market
- 165 days+26 days year over year
- Pending sales
- 325+0.9% year over year
- Active listings
- 1,470-18.4% year over year
- Mid-market median
- $555,000-1.1% year over year
U.S. comparison
San Francisco, CA
$7.14M+13.4% year over year
Luxury median sale price · $7,135,311
- Median time on market
- 19 days-6 days year over year
- Pending sales
- 125-8.1% year over year
- Active listings
- 139-27.9% year over year
- Mid-market median
- $1,581,764+4.8% year over year
The numbers, in full
Current coverage filter · select a column to sort
| Metro | |||||
|---|---|---|---|---|---|
| $4,938,739 | +18.1% | 165 | +0.9% | -18.4% | |
| $2,407,024 | +15.3% | 111 | +9.2% | -15.3% | |
| $1,648,119 | +14.2% | 53 | +2.5% | -18.1% | |
| $7,135,311 | +13.4% | 19 | -8.1% | -27.9% | |
| $1,077,945 | +12.8% | 9 | -4.4% | +1.6% | |
| $4,558,553 | +12.6% | 103 | +12.9% | -10.4% | |
| $1,756,278 | +12.0% | 81 | -11.0% | -12.7% | |
| $1,036,199 | +11.0% | 14 | -7.1% | -14.0% | |
| $1,572,436 | +9.7% | 69 | +13.5% | -13.5% | |
| $2,760,799 | +9.5% | 59 | -16.5% | -6.6% | |
| $2,165,238 | +9.5% | 43 | -10.4% | -3.6% | |
| $1,615,901 | +8.8% | 46 | +7.6% | -10.2% | |
| $864,827 | +8.7% | 23 | -13.3% | -12.4% | |
| $1,287,485 | +8.7% | 39 | -17.6% | -17.4% | |
| $1,363,471 | +8.7% | 40 | -2.6% | -6.0% | |
| $1,022,800 | +8.6% | 47 | -3.3% | -4.2% | |
| $2,321,511 | +8.4% | 77 | -4.0% | +0.4% | |
| $5,514,780 | +7.8% | 64 | +14.3% | -11.4% | |
| $1,612,303 | +7.7% | 38 | -9.8% | -1.9% | |
| $2,001,956 | +6.8% | 31 | -6.3% | -19.6% | |
| $2,188,723 | +6.8% | 16 | -1.7% | -3.1% | |
| $2,105,018 | +6.7% | 89 | -0.2% | -4.9% | |
| $935,417 | +6.7% | 55 | -2.9% | +2.9% | |
| $1,648,471 | +6.6% | 31 | -0.6% | +2.9% | |
| $1,162,682 | +6.5% | 52 | -4.7% | -1.6% | |
| $1,367,660 | +6.4% | 33 | -7.9% | -6.3% | |
| $1,308,417 | +5.8% | 33 | +6.5% | -5.1% | |
| $992,384 | +5.8% | 70 | -10.7% | -5.3% | |
| $1,107,189 | +5.8% | 36 | -10.1% | -0.7% | |
| $1,007,250 | +5.7% | 39 | -2.5% | +6.4% | |
| $1,088,981 | +5.7% | 26 | -14.6% | -12.6% | |
| $1,262,391 | +5.6% | 25 | +3.5% | +7.6% | |
| $1,674,038 | +5.2% | 51 | +2.2% | +11.6% | |
| $1,436,149 | +5.0% | 43 | -0.3% | +13.0% | |
| $764,069 | +5.0% | 14 | +13.8% | -1.9% | |
| $2,023,230 | +4.9% | 28 | -3.3% | +12.2% | |
| $1,482,792 | +4.1% | 53 | -11.8% | +3.7% | |
| $3,843,852 | +4.0% | 38 | -3.0% | -17.7% | |
| $3,028,928 | +3.9% | 14 | -15.7% | -20.9% | |
| $1,774,673 | +3.6% | 39 | +2.6% | -5.5% | |
| $5,617,500 | +3.4% | 11 | +9.2% | -10.5% | |
| $1,660,245 | +3.1% | 65 | +0.2% | -9.1% | |
| $2,731,241 | +2.9% | 30 | -4.0% | -2.6% | |
| $3,111,421 | +2.3% | 19 | -14.6% | +7.8% | |
| $1,613,760 | +1.5% | 56 | -4.3% | -1.7% | |
| $1,454,146 | +1.4% | 23 | -1.2% | -4.1% | |
| $4,124,494 | +1.1% | 58 | +2.6% | -17.8% | |
| $1,037,214 | +1.1% | 25 | +17.9% | +16.3% | |
| $1,750,821 | +0.7% | 68 | +0.8% | -15.2% | |
| $4,480,324 | +0.5% | 58 | -8.7% | -8.9% |
Changes are year over year. Percentages are rounded to one decimal, so displayed ties do not establish an exact rank. A national aggregate is not an average of these metro medians.
The Le Strand reading
A price is one signal.
A decision needs more.
Momentum does not guarantee speed
Miami’s luxury median rose 18.1%, yet its 165-day median time on market was 26 days longer than a year earlier. A higher price benchmark can coexist with a patient negotiation.
Florida is not one market
Fort Lauderdale’s luxury marketing period shortened by 21 days; West Palm Beach’s shortened by 15. Orlando’s luxury price gain was 4.1%, below the 5.2% U.S. snapshot.
Compare the home, then the context
A locally defined luxury median is a starting point. Location, condition, building obligations and intended use still belong in the individual property review.
Explore community & property evidence02 / Behind the recorded transaction
Two sides.
One completed deal.
Six selected South Florida transactions. Recorded entities, dates and prices come first; any reported personal or business connection is separately attributed.
Miami-Dade CountyMar 2, 2026
7 Indian Creek Island Road, Indian Creek, Florida
$170,000,000
County-appraiser recorded sale price · OR 35192 / 700
- Recorded buyer / owner
- MERIDIAN ASSET PARTNERS LLC
- Recorded seller
- CELIA LEE LLC
County appraiser + Clerk index
Read the evidence and its limits
This completed transaction involved an unfinished estate, so it is not a verified finished-house comparable. The recorded $170 million sale price differs from the reported $200 million asking price. The transaction does not establish nationality, residency, source of wealth or motive.
The sale date is Mar 2, 2026. The Clerk recorded the deed on Mar 6, 2026.
Official identifier: 21-2234-002-0060. OR 35192 / 700.
The purchase was attributed to Mark Zuckerberg and Priscilla Chan by the MIAMI Association of Realtors' Q1 2026 report and contemporary reporting; the county-recorded purchaser is Meridian Asset Partners LLC. The LLC’s beneficial ownership has not been independently verified.
Palm Beach CountyMay 20, 2026
2500 E Maya Palm Drive, Boca Raton, Florida
$75,000,000
County-appraiser recorded sale price · OR 36540 / 1010
- Recorded buyer / owner
- 2500 EAST MAYA PALM TRUST
- Previous owner in assessor history
- 2500 EAST MAYA PALM LAND TRUST
County appraiser; deed grantor unverified
Read the evidence and its limits
The beneficial buyer is undisclosed. The previously marketed $40 million land assemblage and the $36 million recorded parcel sale on April 26, 2024 cover different scopes. This development sequence does not establish house-price appreciation or an investment return. The county use code remains vacant, while the broker describes a completed spec mansion.
Official identifier: 06-43-47-29-10-013-0162. OR 36540 / 1010.
The previous owner’s assessor-history entry is not a transcription of the current deed’s grantor. Truncated names are preserved. Exact Palm Beach deed parties could not be independently read for this edition.
Reported buyer: 2500 East Maya Palm Trust, attorney Scott Mustin as trustee; beneficial buyer undisclosed. Reported seller: 2500 East Maya Palm Land Trust, Steven Dingle as trustee; associated with SRD Building Corp. These are separately attributed press descriptions.
Palm Beach CountyMay 29, 2026
1660 S Ocean Boulevard, Manalapan, Florida
$70,851,054
County-appraiser recorded sale price · OR 36597 / 502
- Recorded buyer / owner
- BUILDING FLORIDA HOME LLC
- Previous owner in assessor history
- MCMACKIN RONALD G &
County appraiser; deed grantor unverified
Read the evidence and its limits
The county-appraiser sale date is May 29, 2026; press coverage appeared June 16–18. The report uses the sale date, rather than the publication date. The deed-recording date remains unverified. The county lists a single-family property on 2.06 acres.
Official identifier: 42-43-45-10-01-000-0102. OR 36597 / 502.
The previous owner’s assessor-history entry is not a transcription of the current deed’s grantor. Truncated names are preserved. Exact Palm Beach deed parties could not be independently read for this edition.
Reported buyer: Gabe Newell, Valve cofounder, attributed in contemporary reporting; the LLC’s beneficial ownership has not been independently verified. Reported seller: Ron and Cindy McMackin. These are separately attributed press descriptions.
Palm Beach CountyJul 11, 2025
203 S Lake Trail, Palm Beach, Florida
$86,515,100
County-appraiser recorded sale price · OR 35876 / 1039
- Recorded buyer / owner
- 203 SOUTH LAKE LAND TRUST
- Previous owner in assessor history
- JORDAN GERALD &
County appraiser; deed grantor unverified
Read the evidence and its limits
The county-appraiser recorded price is $86,515,100. Its current 2026 classification is vacant, while 2025 reporting describes a residence. The current code alone does not establish the structure’s condition at closing. The trust’s beneficial owner has not been verified.
Official identifier: 50-43-43-22-06-000-0030. OR 35876 / 1039.
The previous owner’s assessor-history entry is not a transcription of the current deed’s grantor. Truncated names are preserved. Exact Palm Beach deed parties could not be independently read for this edition.
Reported buyer: Christopher B. Lacaria as trustee and 203 South Lake Land Trust. Reported seller: Gerald and Darlene Jordan. These are separately attributed press descriptions.
Palm Beach CountyOct 8, 2025
701 S Ocean Boulevard, Delray Beach, Florida
$59,000,000
County-appraiser recorded sale price · OR 36070 / 883
- Recorded buyer / owner
- 701 SOUTH OCEAN TRUST
- Previous owner in assessor history
- 701 SOUTH OCEAN LLC
County appraiser; deed grantor unverified
Read the evidence and its limits
The county-appraiser sale date is October 8, 2025, which differs from October 14 in a Traded listing. The county lists a single-family home built in 2023 on 1.19 acres. BNY Mellon is reported as trustee, which does not make it the beneficial buyer.
Official identifier: 12-43-46-21-00-001-0080. OR 36070 / 883.
The previous owner’s assessor-history entry is not a transcription of the current deed’s grantor. Truncated names are preserved. Exact Palm Beach deed parties could not be independently read for this edition.
Reported buyer: 701 South Ocean Trust, BNY Mellon as trustee. Reported seller: Developer Mark Pulte of Mark Timothy, via 701 South Ocean LLC. These are separately attributed press descriptions.
Palm Beach CountyFeb 18, 2025
152 Bears Club Drive, Jupiter, Florida
$48,000,000
County-appraiser recorded sale price · OR 35561 / 271
- Recorded buyer / owner
- MENNELLA DOLORES / MENNELLA FRANCIS A &
- Previous owner in assessor history
- BROWN EDWARD M &
County appraiser; deed grantor unverified
Read the evidence and its limits
The official buyer entry uses Francis A, while press coverage uses Frank. The truncated official seller entry is preserved exactly; reported personal names remain separately attributed.
Official identifier: 30-43-41-19-08-000-0610. OR 35561 / 271.
The previous owner’s assessor-history entry is not a transcription of the current deed’s grantor. Truncated names are preserved. Exact Palm Beach deed parties could not be independently read for this edition.
Reported buyer: Frank and Dolores Mennella. Reported seller: Edward and Ashley Brown; Edward Brown described as retired head of Patron Spirits. These are separately attributed press descriptions.
County assessment records can lag or be corrected and are not certified title opinions. An LLC, trust or trustee does not establish the ultimate beneficial owner. No wealth, nationality, residency or relocation conclusion is drawn from these transactions.
03 / A report you can check
The sources.
The boundaries.
Independent Le Strand analysis of publicly available aggregates and selected official property records. No affiliation with Redfin or The Real Deal is implied.
What the market data measures
Redfin’s luxury tier is the top 5% of a local market; its non-luxury benchmark is the 35th–65th percentile. Local thresholds use the prior 12 months of sales. Figures here cover the rolling three-month period June 1–August 31, 2026.
These are provider-defined metros, including metropolitan divisions, rather than city limits. Six Florida markets are covered: Miami, Fort Lauderdale, West Palm Beach, Tampa, Orlando and Jacksonville. Naples and other markets outside this set are not represented.
A median-price change can reflect which homes sold. It is not the appreciation rate of every home, an investment return, a forecast or evidence of buyer wealth. Pending sales are contracts, not completed purchases.
How this edition was checked
Le Strand captured the 50 metro detail cards and separate national baseline on the primary Redfin dashboard on October 2, 2026. Dollar and count values retain its displayed precision. YoY percentages have one decimal; day changes use whole days.
The national luxury rate in this snapshot is 5.2%, versus 2.5% for the mid-market. The social-media report that prompted this analysis used 5.5% for luxury. Different data vintages or revisions may explain the gap; its cause is not established.
Transaction facts were checked against county appraiser records. Indian Creek’s named parties and recording date were also checked in the Clerk index. The other five exact deed grantors remain unverified and are labelled accordingly.
Source directory
Redfin luxury-market dashboardRedfin methodologyRedfin download hubMiami-Dade Property AppraiserPalm Beach County Property AppraiserNatural Earth map boundary · public domainLe Strand’s dated market snapshot (JSON)Questions behind the numbers
Which Florida markets lead luxury price growth?
In the primary June–August 2026 snapshot, Miami leads the 50-metro display at 18.1%, followed by Fort Lauderdale at 15.3% and Tampa at 14.2%. West Palm Beach is sixth at 12.6% and Jacksonville ninth at 9.7%.
Does a $170 million transaction describe the typical luxury home?
No. It is a selected individual transaction. The Indian Creek deal also involved an unfinished estate. It should not be treated as a finished-home comparable or as a measure of the whole market.
Can a trust or LLC be linked to an individual here?
Only as a separately attributed public report when a source explicitly makes that connection. The legal entity named in the county record remains visible. No undisclosed beneficial owner is inferred.
Is this a live data feed?
No. This is an October 2026 edition using a dated October 2 primary-source snapshot. Source records may change; this page’s date identifies the version being read.
Research is the beginning.
Your property deserves its own context.
