Broward County weathering the South Florida luxury storm

Report shows Miami's high-end real estate market is shifting, letting Broward County take the lead
  • In the first half of the year, luxury condos in Broward County performed better in price per square foot and total price volume than Miami.
  • Coral Gables’ non-waterfront market was up 25 percent since last year.
  • Broward County revealed a 200 percent increase in luxury condo sales since 2011.

Although global economic conditions have taken their toll on demand for Miami luxury homes, a well-known international buyer haven, some neighborhoods are faring better than others, according to One Sotheby’s Mid-Year Luxury report.