luxury high rise condo

Report: Single-Family and Condo Markets Return to Pre-Pandemic Activity for High-End Properties

South Florida’s single-family and condominium markets noticed a .to pre-pandemic high-end exercise in 2022 as sturdy demand continued regardless of a decent provide.

That’s in accordance to The Keyes Co. and Illustrated Properties’ new Luxury Report, which says the common days available on the market for luxurious single-family houses went down by 33.1% to 75 from 2021 to 2022. The space’s high-end condominium sector skilled the same year-over-year decline in common days on market, falling 30.1% to 118. In the previous, luxurious listings usually spent at the least 300 days available on the market earlier than a sale.