South Florida Resi Sales Boom in October 2025

South Florida’s residential market continued its explosive resurgence in October, reversing a monthslong slowdown.

Dollar volume in Miami-Dade, Broward and Palm Beach counties rose 14 percent to $4.8 billion, compared to $4.2 billion last October, according to Multiple Listing Service data collected by the Miami Association of Realtors.

Still, the tri-county region’s condo market has been rattled by a glut of supply, and the median sale price for units dropped in both Miami-Dade and Broward.

Miami-Dade County

Total home sales in Miami-Dade County rose 7 percent, year-over-year, to 1,890 deals. For single-family homes, closings increased 7 percent to 887. Condo closings also jumped 7 percent to 1,003.

The median price for single-family homes saw a 2 percent bump to $682,000. For condos, the median price fell 4 percent to $400,000.

Dollar volume surged 9 percent to $1.8 billion countywide. For single-family homes, dollar volume spiked 14 percent to $1.2 billion. Condo dollar volume rose 1 percent to $654 million.

Broward County

In Broward County, total home sales rose 7 percent, year-over-year, to 2,011 closings. Single-family home sales rose 4 percent to 1,037. Condo closings spiked 11 percent to 974.

For single-family homes, the median price dipped 1 percent to $611,250. The median price for condos fell 8 percent to $259,000.

Dollar volume across the county totaled $1.2 billion, a 4 percent increase over the same month of last year. Single-family dollar volume and condo dollar volume each rose 4 percent to $830 million and $332 million, respectively.

Palm Beach County

In Palm Beach County, total sales surged 13 percent, year-over-year, to 2,021 closings. Single-family sales boomed, with a 19 percent increase to 1,253 deals. Condo closings rose 4 percent to 768.

The median price for single-family homes rose 4 percent to $643,000. For condos, the median price grew 3 percent to $315,000.

Dollar volume ballooned 26 percent to $1.8 billion. Single-family home sales led the growth with a 33 percent spike to $1.5 billion in dollar volume. Condo dollar volume grew 4 percent to $360 million.