South Florida hasn’t seen a residential real estate market like this, especially on the high
end, since 2005 and 2006, according to Corcoran CEO and President Pam Liebman. “On an
overall basis, South Florida is starting to really recover,” she said in the video above. “On a sales volume basis, sales are up about
12 percent this year, and we’ve seen a lot of very good movement in the
high end.” Liebman estimated that there were likely more sales over $10
million in South Florida this year than in any time in recent years.
“The volume of sales is up,” she said. “But prices are still flat.”