Miami Luxury Market Slows Slightly | Real Estate News

Miami’s luxury real estate market cooled slightly last week, with just nine high-end contracts totaling $88.9M—down from $133.4M the prior week. The priciest deal? A Four Seasons condo asking $31.5M, a 680/sq ft gem the seller bought for $18.4M last summer. Luxury listings lingered an average 99 days before selling (condos: 139 days), while 23 new luxury homes hit the market, pushing inventory over 1,000. Single-family homes averaged $6.5M and spent 87 days on the market. Watch this segment—signs of a slowdown are emerging. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a41f2f041e0ee930