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2023 Year-End Luxury Real Estate Market Report
This comprehensive report provides an insightful overview of the state's resilient growth and unprecedented wealth migration trends, offering invaluable insights into the dynamic real estate landscape.
Amidst a challenging real estate environment, Florida emerged as a beacon of resilience in 2023, experiencing a modest 12% decrease in total real estate transactions compared to the national average decline of 20%. With a staggering $107,520,000 in adjusted gross income gained daily and $38 billion in annual net gains from migration, Florida's luxury market demonstrated remarkable strength and potential for sustained growth.