Accoeding to Gay Cororaton, Miami Realtors Chief Economist, Million dollar homes continue to gain ground in 22024 in South Florida. She explains that this is due to wealthy buyers coming from other states and other countries. According to Ms.Cororaton Million-dollar sales rose in all counties with at the top Palm Beach County at 24% and Miami-Dade County with 23% of the sales. However, Miami-Dade County came in at 14% in million-dallar condo sales followed by Palm Beach County at 9%. She points out that the single-family threahold rises to $3.3M and the ultra luxury to $10M in Miami-Dade County for 2024.
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