Luxury Real Estate Sales Surged in Palm Beach—Home to Trump’s Mar-a-Lago—Last Month
The Trump effect was limited to Palm Beach. In both Miami-Dade and Broward, contracts for single-family homes were down more than 45% from January 2024. At the luxury end, contracts above $5 million fell by half in Miami-Dade to 10 in January, while Broward saw a total of two, one more than the previous year, per the data.