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Florida luxury market surges to start 2026, led by record condo gains

Florida’s luxury housing market saw strong growth in early 2026, with multimillion-dollar home and condo sales rising sharply despite high mortgage rates. Sales of single-family homes priced $5 million to $10 million increased over 31%, while luxury condos and townhouses above $1 million rose 41%. The $3 million to $5 million condo segment surged nearly 69%, driven by affluent buyers, investors, and second-home purchasers.

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Karen

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