Is NYC Overtaking South Florida Luxury Real Estate?
.webp)
Luxury real estate is shifting in unexpected ways. South Florida luxury real estate, once the top choice for the ultra-wealthy, is now seeing a slowdown while New York City reclaims attention from high-end buyers. The latest numbers show NYC leading the world in $10 million-plus home sales, while key Florida markets like Miami and Palm Beach cool off.
NYC's Comeback in the Ultra-Luxury Market
According to Knight Frank’s Global Super-Prime Intelligence Q2 2025 report, New York recorded 120 sales above $10 million, totaling $2.9 billion in deal volume. That’s nearly double the number from a year ago and the strongest quarterly rebound since the pandemic. Trophy condos overlooking Central Park and newly renovated brownstones in Tribeca are attracting…
23 Views, 0 Comments
