The Newspaper for the Future of Miami
Connect with us:
  • Facebook
  • Twitter
  • Instagram
  • Linkedin
Front Page » Breaking News » Luxury condo closings up 38%, luxury homes up 15%

Luxury condo closings up 38%, luxury homes up 15%


Written by on March 13, 2018

An uptick in luxury condo sales surpassing that of standalone luxury homes shouldn’t fool you: homes in the sky fall behind in sales to single-family properties.

Keyes Co. President and CEO Mike Pappas says there’s an increase in luxury closings across the board. In the past three months, he says, closings on houses selling for $1 million and up are up by 15% and luxury condo closings are up by 38%. However, more luxury condos than houses are on the market…To read the full story click here