Florida’s Luxury Market: What’s a trend, and what’s here to stay?

150 150 RPS Group Real Estate

South Florida's luxury market is booming, with West Palm Beach luxury home prices rising 187.3% over ten years, driven by financial relocations, political shifts, and lifestyle appeal. Fisher Island remains the nation's most expensive ZIP code due to its exclusivity and scarcity. Cryptocurrency is emerging as a niche payment method in luxury real estate but traditional currency and fundamentals like location and quality still dominate transactions.

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