Florida’s luxury housing market saw strong growth in early 2026, with multimillion-dollar home and condo sales rising sharply despite high mortgage rates. Sales of single-family homes priced $5 million to $10 million increased over 31%, while luxury condos and townhouses above $1 million rose 41%. The $3 million to $5 million condo segment surged nearly 69%, driven by affluent buyers, investors, and second-home purchasers.