Real Estate Trends

Along Florida’s
East Coast
2023 ANNUAL MARKET REPORT

FEATURED PROPERTY: 98 LA GORCE CIRCLE

MIAMI BEACH, FL
 The Allure of
Timeless Design
The St. Regis Residences, Miami represents a future propelled by a historic past.
A place where new generations will create a lifetime of legendary moments, in
one-of-a-kind homes for individuals who perceive their
personal legacies innately intertwined with the rich heritage of Miami.

Situated on tree-lined South Brickell, on the site of the future building,

the gallery offers breathtaking bayfront views. Designed by Rockwell Group,
the 5,000 square foot space includes a fully constructed model residence that
showcases the textures and finishes of the private homes.

Experience The St. Regis Residences, Miami at our exquisite

new sales gallery now open for appointments.

A Limited Collection of 152

Waterfront Residences
Two-to-Six Bedroom Homes

Residences Starting at $3.7M

Sales Gallery Now Open | By Appointment Only

Future Residences located at

1809 Brickell Avenue
Miami, Florida 33129
MiamiSRR.com
ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND THE DOCUMENTS
REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.

The St. Regis Residences, Miami’s Developer is 1809 Brickell Property Owner, LLC and the complete offering terms are contained in Developer’s prospectus. The St. Regis Residences, Miami is not owned, developed, or sold by Marriott
International, Inc. (or its affiliates), which has not confirmed theaccuracy of any of the statements or representations made about the project. Consult only the Developer’s Prospectus to understand this offering, the amenities, the proposed
budgets, terms, conditions, specifications, fees, Unit dimensions and method for Unit calculation, site plans, and to learn what is included with purchase and by payment of regular assessments. All prices are subject to change and do not include
optional features, design packages, or premiums for upgrades to any Unit. 1809 Brickell Property Owner, LLC 2024.
 ONE Sotheby’s
International Realty
Exclusive Sales and Marketing Brokerage Representing
Alba Palm Beach

Intimately sized, graciously appointed, and centrally located directly on the Intracoastal,
Alba Palm Beach is a dramatic step forward for life on the water. Offering only 55
residences, Alba Palm Beach features two-to-four bedrooms with serene, unobstructed
waterfront vistas within South Florida’s most prestigious neighborhood.

Owners will enjoy an impressive suite of over 25,000 square feet of residential
on-site amenities including a complimentary membership to the coveted
Palm Beach Yacht Club, offering the ultimate beachside escape.

A waterfront oasis nestled in the heart of downtown

West Palm Beach minutes away from the world-class shopping
and dining in the Palm Beaches, Alba Palm Beach provides a
lifestyle of ease and exclusivity like never before.

Paradise Has Finally Found Its Way Home

Sales Gallery & Showroom:

250 N. Olive Avenue, West Palm Beach

albapalmbeach.com

Artist’s Rendering

© 2023 Scuba Club WPB, LLC. All Rights Reserved. FULL DISCLAIMER AT: www.albapalmbeach.com/disclaimer
THE COMPLETE OFFERING TERMS ARE IN A CPS-12 APPLICATION AVAILABLE FROM THE OFFEROR. FILE NO. CP23-0044
Table of
Contents
MIAMI-DADE COUNTY 06

BROWARD COUNTY 08

PALM BEACH COUNTY 10

MARTIN COUNTY 12

INDIAN RIVER COUNTY 14

BREVARD COUNTY 16

FLAGLER COUNTY 18

ST. JOHNS COUNTY 19

CLAY COUNTY 20

DUVAL COUNTY 21

NASSAU COUNTY 22
Real estate trends along
Florida’s East Coast
The housing market had its ups and downs in the last Throughout 2023, for-sale inventory increased as a
year. Home sales moderated along Florida’s East Coast growing number of homes were listed, just as sales
in 2023 as higher mortgage rates continued to constrain activity moderated. In southeast and northeast Florida,
buyer activity. More than 23,000 homes and condos condo and single-family home sales increased from
sold in 2023, a decrease of 8% from 2022. Sales activity the previous year. Inventory in northeast Florida, in
for condos declined the most, with a 15% drop from particular, increased substantially from 2022 as many
the prior year. In southeast Florida, condo sales also higher-priced single-family homes came to market.
accounted for the bulk of the slowdown. However, condo On the bright side, following a surge of listings early
sales increased from the previous year in northeast in the year, inventory began to decrease in the final
Florida while single-family home sales declined. months of 2023 in northeast Florida. As potential buyers
found more options, listings remained on the market
Sales activity varied by price range during 2023. Mid- longer on average, and the share of homes selling at a
priced home sales were on par with the previous year in premium to the list price fell in most neighborhoods.
several counties. In southeast Florida, sales of homes
priced between $1 million and $2 million increased Macroeconomic factors weighed on the housing market
slightly. On the other hand, sales of homes priced more in 2023, particularly with elevated mortgage rates
than $5 million fell last year. However, outside of the influencing buyer activity. The moderation in activity
statistics used within this report, sales of homes priced helped to constrain pricing, and listing inventory rose.
less than $500,000 fell the most as higher mortgage In recent weeks, mortgage rates fell slightly and, with
rates reduced purchase activity. A similar trend emerged a likely end to Federal Reserve interest rate hikes for
in northeast Florida, with more significant slowdowns in the near term, may continue to decrease modestly in
the highest-priced and lowest-priced tiers. However, sales the coming months. This boost to purchasing power
increased by 4% in the $1 million to $4 million range. and affordability should entice additional buyers off the
sidelines, leading to a rebound in sales activity. The larger
During the last year, price movement was mixed. volume of homes for sale should be able to absorb this
Along Florida’s East Coast, the median price for increase in demand, yet pricing should recover in most
single-family homes increased while condo prices fell. neighborhoods. The housing market is poised to return
Pricing in northeast Florida was slightly better than to a positive trajectory in 2024, and a continued influx of
in southeast Florida, even as inventory increased. We new households and out-of-state and foreign investors
saw the strongest price gains during 2023 for single- should bolster demand up and down Florida’s East Coast.
family homes in Duval and Indian River counties. In
the condo segment, price growth in Clay and Palm
Beach counties outpaced the rest of the region.
Florida’s East Coast Snapshot
Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade,
Broward and Palm Beach County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval,
Nassau, Flagler and St. Johns County.

FOR-SALE MEDIAN AVG. SALES AVG. PRICE CLOSED HIGHEST

LISTINGS SALES PRICE PRICE PER SF TRANSACTIONS SALE

CHANGE FROM
DEC 23 PRIOR MONTH
2023 YOY% CHANGE 2023 YOY% CHANGE 2023 YOY% CHANGE 2023 YOY% CHANGE 2023

MIAMI DADE COUNTY

SINGLE FAMILY HOMES 1,890 1% $1,650,000 -5% $2,660,752 -7% $782 -2% 2,134 -6% $79,000,000

CONDOS 2,245 1% $1,650,000 0% $2,508,566 -1% $1,087 3% 1,673 -29% $27,100,000

BREVARD COUNTY

SINGLE FAMILY HOMES 675 0% $655,369 1% $794,435 2% $313 2% 2,171 -4% $6,000,000

CONDOS 210 0% $649,900 -2% $751,010 1% $396 1% 373 -19% $2,214,210

BROWARD COUNTY

SINGLE FAMILY HOMES 1,225 -2% $1,400,000 -4% $2,035,111 -2% $570 0% 1,824 -11% $40,000,000

CONDOS 530 7% $1,500,000 -8% $1,847,983 -14% $795 -9% 478 -29% $13,250,000

INDIAN RIVER COUNTY

SINGLE FAMILY HOMES 543 -2% $772,500 3% $1,168,722 1% $413 4% 809 11% $20,500,000

CONDOS 166 30% $785,000 -1% $1,033,831 1% $510 -2% 239 19% $3,945,000

MARTIN COUNTY

SINGLE FAMILY HOMES 180 -2% $750,000 -5% $1,058,607 2% $387 3% 584 8% $12,000,000

CONDOS 52 8% $640,000 -3% $841,017 1% $503 5% 95 23% $4,250,000

PALM BEACH COUNTY

SINGLE FAMILY HOMES 1,952 2% $1,600,000 -5% $2,602,444 -7% $697 -2% 2,811 1% $62,988,000

CONDOS 745 10% $1,825,000 6% $2,365,284 2% $992 6% 905 -2% $21,000,000

CLAY COUNTY

RESIDENTIAL 29 -36% $595,000 -2% $668,425 -1% $225 2% 428 -17% $2,700,000

DUVAL COUNTY

RESIDENTIAL 157 -11% $680,000 3% $852,431 5% $225 2% 2,287 -9% $8,000,000

FLAGLER COUNTY

RESIDENTIAL 121 -1% $670,000 2% $851,133 7% $334 1% 1,035 -4% $4,700,000

NASSAU COUNTY

RESIDENTIAL 133 -1% $719,375 3% $891,634 -2% $378 4% 1,348 -4% $6,450,000

ST JOHNS COUNTY

RESIDENTIAL 323 -12% $690,000 2% $861,645 1% $337 3% 4,261 -8% $19,000,000

 Average Sales Price | Single-Family Homes
$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$0
Brevard Indian River Martin Palm Beach Broward Miami-Dade Clay Duval Flagler Nassau St. Johns

2022 2023

Average Sales Price | Condominiums

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$0
Brevard Indian River Martin Palm Beach Broward Miami-Dade Clay Duval Flagler Nassau St. Johns

2022 2023

Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade, Broward and Palm Beach
County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval, Nassau, Flagler and St. Johns County.
EXPERIENCE
THE ALLURE OF BEACHSIDE
BEAUTY IN EVERY CORNER
SHORT-TERM RENTALS PERMITTED
FULLY FURNISHED RESIDENCES AVAILABLE FROM INTERIORS BY STEVEN G

BEACHSIDE LIVING
Situated just two blocks from the
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BEACH CLUB ACCESS

Ella Miami Beach will offer its
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with the Boucher Brothers,
bringing a daily beach setup
complete with complimentary
lounge chairs and umbrellas.

RESIDENCES PRICED
FROM THE MID-$600,000S

Future Residences Located At: Sales Gallery:

6940 Abbott Ave, Miami Beach, FL 33141 6897 Collins Ave, Miami Beach, FL 33141

EllaMiamiBeach.com

© 2024 ONE Sotheby’s International Realty. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks
licensed to Sotheby’s International Realty Affiliates LLC and used with permission. ONE Sotheby’s International Realty fully supports the principles of the Fair
Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and
operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC or any of its affiliated companies. The information
contained herein is deemed accurate but not guaranteed. Oral representations cannot be relied upon as correctly stating the representations of the developer. For
correct representations, reference should be made to the documents required by section 718.503, Florida Statutes, to be furnished by a developer to a buyer or
lessee. Pricing subject to change without notice.
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Miami-Dade
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

AVENTURA $1,530,000 $2,385,000 -36% $583 -2% 17 -11% 64

BAL HARBOUR $6,521,250 $27,828,900 -77% $2,111 -38% 2 -33% 132

INVENTORY UP BAY HARBOR ISLANDS $3,128,750 $3,525,000 -11% $1,114 -2% 10 -41% 53

For-sale inventory increased by 14% in COCONUT GROVE $2,300,000 $2,050,000 12% $900 -4% 124 -17% 101

2023. While overall sales fell, sales of CORAL GABLES $1,800,000 $1,972,000 -9% $814 6% 285 -13% 68
homes priced between $500,000 and
GOLDEN BEACH $6,175,000 $4,675,000 32% $1,600 10% 10 0% 121
$1 million increased by 5%.
KEY BISCAYNE $3,607,500 $3,800,000 -5% $1,236 1% 28 -51% 103

MIAMI $1,400,000 $1,438,300 -3% $563 7% 582 -3% 75

$1.7M 5%

$686 2%
MIAMI BEACH

MIAMI SHORES
$3,025,000

$1,370,000
$3,400,000

$1,475,000
-11%

-7%
$1,084

$698
-7%

2%
205

96
-5%

13%
112

51
MEDIAN SALES PRICE MEDIAN PPSF
NORTH BAY VILLAGE $1,375,000 $1,400,000 -2% $646 6% 11 -42% 91

80 2,134
PINECREST $2,365,000 $2,425,000 -2% $740 11% 176 -3% 74
34% 6%
SOUTH MIAMI $1,400,000 $1,645,000 -15% $677 -1% 43 -22% 52

AVG. DAYS SOLD SUNNY ISLES BEACH $1,487,500 $2,350,000 -37% $857 31% 10 0% 146
ON MARKET LISTINGS
SURFSIDE $1,465,000 $1,500,000 -2% $809 -7% 27 -36% 84

1,890 12%

ACTIVE
LISTINGS

MARKET DATA FOR SINGLE-FAMILY HOMES, $1,000,000+

 CONDOMINIUMS

NEIGHBORHOOD SNAPSHOTS
Miami-Dade
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

AVENTURA $1,550,000 $1,700,000 -9% $555 -1% 119 -34% 120

BAL HARBOUR $2,800,000 $2,667,500 5% $1,254 4% 72 -24% 124

PRICING STEADY BAY HARBOR ISLANDS $1,490,000 $1,267,500 18% $655 -7% 15 -32% 91

The median price was unchanged BRICKELL/DOWNTOWN

$1,317,500 $1,425,000 -8% $812 1% 286 -28% 103
MIAMI/EDGEWATER
from the previous year even though
fewer units were sold. COCONUT GROVE $1,725,000 $1,700,000 1% $914 11% 141 -3% 82

CORAL GABLES $1,820,000 $1,694,000 7% $715 8% 34 -31% 122

FISHER ISLAND $3,600,000 $8,550,000 -58% $1,312 -44% 1 -80% 275

$1.7M $914
GOLDEN BEACH N/A N/A N/A N/A N/A - N/A N/A
0% 3%
INDIAN CREEK N/A N/A N/A N/A N/A - N/A N/A

MEDIAN SALES PRICE MEDIAN PPSF KEY BISCAYNE $1,775,000 $1,750,000 1% $936 0% 131 -13% 100

MIAMI $1,425,000 $1,350,000 6% $918 10% 151 -34% 110

112 2%

1,673 29% MIAMI BEACH

MIAMI SHORES
$1,755,000

N/A
$1,850,000

N/A
-5%

N/A
$1,224

N/A
2%

N/A
388

-
-30%

N/A
119

N/A

AVG. DAYS SOLD

NORTH BAY VILLAGE $1,152,000 $1,300,000 -11% $593 7% 6 -14% 72
ON MARKET LISTINGS

PINECREST $1,500,000 $1,174,500 28% $450 1% 3 -25% 28

2,245
SOUTH MIAMI N/A N/A N/A N/A N/A - N/A N/A
14%
SUNNY ISLES BEACH $1,999,000 $1,765,000 13% $922 3% 273 -35% 134

ACTIVE SURFSIDE $2,050,000 $2,150,000 -5% $1,069 7% 21 -36% 64

LISTINGS

MARKET DATA FOR CONDOMINIUMS, $1,000,000+

 DISCOVER THE ART OF LIVING

Meticulously crafted spaces, featuring thoughtful two-to-four bedroom

layouts with spacious covered terraces and alfresco kitchens perfect
for entertaining family and friends.

Revel in the bespoke details and high end finishes that echo
the rich history and lush landscapes of Coral Gables.

Your Journey Begins Here

Residences Priced From $2 Million

Visit Our Stunning Model Home at

2619 Anderson Road, Coral Gables, FL 33134

TheVillageAtCoralGables.com

FOLLOW US @THEVILLAGEATCORALGABLES
ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.

This is not intended to be an offer to sell, or solicitation of an offer to buy, condominium units to residents of CT, ID, NY, NJ and OR, unless registered or exemptions are available, or in any other jurisdiction where prohibited by law, and your eligibility for purchase will depend upon your state of residency. This offering is made only by the prospectus for the condominium and no statement should be relied upon if not
made in the prospectus. The Developer (as is defined herein below) reserves the right to revise or modify, in its sole and absolute discretion, any or all improvements, designs and construction specifications depicted and all terms, conditions and statements made. All of the drawings, rendering, and photographs provided by Developer are conceptual only and are for the convenience of illustrating a proposed development;
said drawings, renderings and photographs should not be relied upon as representations, express or implied, of the final detail of the residences. All depictions of appliances, fixtures, counters, soffits, wall coverings, floor coverings, furnishings, closets, and other matters of detail, including, without limitation, items of finish and decoration, are conceptual only and are not necessarily the final finishes and details included
with the purchase of a Unit. Consult your Purchase Agreement and the Prospectus for information on what is included with Unit purchases. The photographs contained in these materials and other brochures may be stock photography, or may have been taken off-site and are used to depict the spirit of the lifestyles to be achieved rather than any that may exist or that may be proposed, and the photographs are merely
intended as illustrations of the activities and concepts depicted therein. No statements or representations have been made by Developer, or any of its agents, employees or representatives with respect to any potential for future profit, any future appreciation in value, investment opportunity potential, any rental income potential, the ability or willingness of Developer, or its affiliates, to assist any buyer in financing,
renting (other than the existence of a voluntary rental program) or selling the Unit (except only in response to a direct inquiry from buyer), the economic or tax benefits to be derived from the managerial efforts of a third party as a result of renting the Unit or other units, or the economic or tax benefits to be derived from ownership of the Unit. The Developer, its agents, employees, and representatives are neither
investment advisors nor tax advisors and any statement that may have been made should not be relied upon in your decision to purchase. Certain nearby attractions referenced or identified in these materials are off-site and not controlled by the Developer. The references to nearby attractions are based upon public information sources and are believed to be accurate as of the date of these materials or publication;
however, there is no guarantee that such attractions will continue to exist, or that there would not be changes and/or substitutions of any of the same. The managing entities, operators, amenities and other features that may be referred to are accurate as of the date of these materials or publication; however, there is no guarantee that the managing entities, operators, amenities and other features that may be referred to
will be involved at, or following, the completion of the Condominium. The Developer reserves the right to change any and all such managing entities, operators, amenities and other features that may be referred to as the Developer deems best for the Condominium in the Developer’s sole and absolute discretion. Dimensions and square footage of the Units are approximate and may vary with actual construction. The
Condominium is being developed by Gables Village Propco LLC, a Delaware limited liability company (“Developer”). You will look solely to Developer with respect to any and all matters relating to the sales, marketing, and development of the Condominium or your purchase of a Unit in the Condominium. No real estate broker is authorized to make any representations or other statements regarding the project, and no
agreements with, deposits paid to or other arrangements made with any real estate broker are or shall be binding on the Developer. All prices are subject to change at any time and without notice, and do not include optional features or premiums for upgraded units. From time to time, price changes may have occurred that are not yet reflected on these materials or other brochures. Please check with the Developer
for the most current pricing. Concierge services that may be described are available to Unit owners who pay additional fees. Consult the Prospectus for the site plan and the location of the Unit you desire. Unless otherwise noted, this content is owned by Developer and the unauthorized reproduction, display or other dissemination of these or other materials is strictly prohibited and constitutes copyright infringement.
Unless otherwise defined, capitalized terms used herein shall have the meanings ascribed to them in the Prospectus.
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Broward
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

COOPER CITY $1,269,518 $1,200,000 6% $395 4% 39 11% 51

CORAL SPRINGS $1,150,000 $1,275,000 -10% $322 -4% 35 -38% 54

SALES DECREASE DAVIE $1,500,000 $1,500,000 0% $387 -2% 165 9% 82

The number of homes sold fell in 2023, DEERFIELD BEACH $1,600,000 $1,770,000 -10% $685 8% 35 52% 87

though there was a slight acceleration FORT LAUDERDALE $1,850,000 $2,000,000 -8% $712 -5% 456 -17% 91
of activity at the end of the year.
HALLANDALE $5,950,000 $2,670,000 123% $1,003 -7% 9 -10% 91
Listing volume increased by 16%, one
of the smallest jumps in the region. HILLSBORO BEACH $19,241,500 N/A N/A $1,490 N/A 1 N/A 649

HOLLYWOOD $1,350,000 $1,357,500 -1% $500 -6% 98 -2% 78

$1.4M 4%

$470 2%
LAUDERDALE-BY-THE-
SEA
$1,325,000 $1,487,500 -11% $762 5% 11 -61% 88

MEDIAN SALES PRICE MEDIAN PPSF LIGHTHOUSE POINT $2,300,000 $1,910,000 20% $733 3% 85 -19% 68

MIRAMAR $1,189,000 $1,180,500 1% $314 -2% 47 -2% 57

73 50%

1,824 11% PARKLAND

PEMBROKE PINES
$1,300,000

$1,150,000
$1,332,500

$1,100,000
-2%

5%
$371

$337
-1%

0%
314

27
2%

-18%
53

51

AVG. DAYS SOLD

PLANTATION $1,300,000 $1,400,000 -7% $407 -1% 77 -18% 57
ON MARKET LISTINGS

POMPANO BEACH $1,475,000 $1,450,000 2% $710 -2% 98 -20% 72

1,225
SOUTHWEST RANCHES $1,825,000 $1,650,000 11% $473 1% 72 -13% 74
16%
SUNRISE N/A N/A N/A N/A N/A - N/A N/A

ACTIVE WESTON $1,255,000 $1,296,500 -3% $403 5% 175 -26% 58

LISTINGS
WILTON MANORS $1,250,000 $1,330,000 -6% $640 -1% 33 10% 55

MARKET DATA FOR SINGLE-FAMILY HOMES, $1,000,000+

 CONDOMINIUMS

NEIGHBORHOOD SNAPSHOTS
Broward
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

DEERFIELD BEACH $1,345,000 $1,625,000 -17% $907 19% 7 -13% 95

FORT LAUDERDALE $1,500,000 $1,700,000 -12% $730 -2% 305 -31% 80

THE PACE OF SALES ACCELERATES HALLANDALE $1,250,000 $1,540,000 -19% $758 -8% 41 2% 90

While the number of sales fell, units spent much HILLSBORO BEACH $1,300,000 $1,372,500 -5% $621 10% 16 -11% 43

less time on the market compared with 2022. HOLLYWOOD $1,500,000 $1,551,000 -3% $693 0% 50 -47% 115
Broward County was the only region where units
LAUDERDALE-BY-THE-
sold quicker in 2023 compared with the prior year. SEA
$1,585,000 $1,595,000 -1% $615 14% 25 -44% 61

LIGHTHOUSE POINT N/A N/A N/A N/A N/A - N/A N/A

$1.5M $724
POMPANO BEACH $1,790,000 $1,512,000 18% $849 56% 33 10% 60
8% 1%
WILTON MANORS N/A $1,100,000 N/A N/A N/A - N/A N/A

MEDIAN SALES PRICE MEDIAN PPSF

81 42%

478 29%

AVG. DAYS SOLD

ON MARKET LISTINGS

530 39%

ACTIVE
LISTINGS

MARKET DATA FOR CONDOMINIUMS, $1,000,000+

A New Vision Of Luxury
Luxury::
Introducing Indigo
Discover Indigo, the newly released
offering at Pier Sixty-Six. Featuring
bold exterior architecture and expansive
wraparound terraces adorned with
luminous private heated plunge pools - a
first of its kind in Fort Lauderdale - Indigo
epitomizes an elevated indoor/outdoor
living experience with captivating
cinematic water views.

Priced From $3,85M

Sales Gallery Now Open

2406 SE 17th Street, Fort Lauderdale, FL 33316

Obtain the Property Report required by Federal Law and read it before signing anything. No Federal or State agency has endorsed or judge s not an offer to sell or solicitation to buy
real estate in any jurisdiction where prohibited by law. Products and availability are subject to change without notice. Improvements, facilities and programs may be in formative stages and
cannot be guaranteed. Artist renderings are for illustrative purposes only and may differ from completed products.
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Palm Beach
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

BOCA RATON $1,675,000 $1,700,000 -1% $523 5% 764 7% 67

BOYNTON BEACH $1,255,000 $1,300,000 -3% $450 7% 186 43% 50

MORE EXPENSIVE HOMES SELL DELRAY BEACH $1,750,000 $1,700,000 3% $564 9% 396 -2% 57

Sales of homes priced between $1 million and HIGHLAND BEACH $4,600,000 $9,900,000 -54% $948 -37% 5 -55% 360

$5 million increased by more than 2%, though JUNO BEACH $2,158,750 $1,900,000 14% $902 15% 18 100% 81
sales decreased in all other price ranges.
JUPITER $1,665,283 $1,625,000 2% $569 2% 376 17% 71

JUPITER INLET COLONY $4,995,000 $8,300,000 -40% $1,503 -21% 9 50% 96

LAKE PARK N/A N/A N/A N/A N/A - N/A N/A

$1.6M 5%

$541 3%
LAKE WORTH

LANTANA
$1,225,000

$3,400,000
$1,260,000

$2,800,000
-3%

21%
$417

$966
6%

9%
33

14
-38%

-18%
78

92
MEDIAN SALES PRICE MEDIAN PPSF
NORTH PALM BEACH $2,575,000 $3,075,000 -16% $869 13% 53 6% 64

70 2,811
MANALAPAN $13,903,000 $5,300,000 162% $2,083 128% 7 0% 136
52% 1%
PALM BEACH $9,237,430 $12,000,000 -23% $2,838 -10% 45 -35% 140

AVG. DAYS SOLD PALM BEACH GARDENS $1,550,000 $1,685,000 -8% $494 2% 393 15% 64
ON MARKET LISTINGS
SINGER ISLAND $1,850,000 $2,405,000 -23% $666 -41% 13 18% 64

TEQUESTA $1,500,000 $1,563,500 -4% $653 -2% 27 -4% 55

1,952 30% WELLINGTON

WEST PALM BEACH

$1,572,500

$1,650,000
$1,600,000

$1,700,000
-2%

-3%
$452

$633
4%

-4%
158

179
-29%

-26%
95

97
ACTIVE
LISTINGS

MARKET DATA FOR SINGLE-FAMILY HOMES, $1,000,000+

 CONDOMINIUMS

Palm Beach
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

NEIGHBORHOOD SNAPSHOTS
BOCA RATON $1,562,500 $1,650,000 -5% $843 3% 184 -12% 62

BOYNTON BEACH $1,395,000 $1,945,000 -28% $771 19% 5 -77% 53

PRICING MOVES HIGHER DELRAY BEACH $1,500,000 $1,575,000 -5% $779 1% 100 4% 76

The median price increased by 6%, HIGHLAND BEACH $1,800,000 $1,605,000 12% $787 5% 53 -38% 72

the strongest growth in the region. JUNO BEACH $1,500,000 $1,697,500 -12% $756 -14% 37 42% 89
Sales were on par with the previous
LAKE WORTH N/A N/A N/A N/A N/A - N/A N/A
year, but inventory increased.
LANTANA N/A $1,400,000 N/A N/A N/A - N/A N/A

NORTH PALM BEACH $1,600,000 $1,950,000 -18% $723 10% 27 -18% 83

$1.8M 6%

$879 8%
MANALAPAN

PALM BEACH
$4,150,000

$2,480,000
$1,849,999

$2,518,000
124%

-2%
$1,521

$1,399
65%

6%
2

110
-33%

-32%
42

86
MEDIAN SALES PRICE MEDIAN PPSF
PALM BEACH GARDENS $1,800,000 $1,919,485 -6% $642 -14% 23 5% 77

71 905
SINGER ISLAND $1,710,000 $1,350,000 27% $743 2% 52 6% 95
32% 2%
TEQUESTA $2,650,000 $2,250,563 18% $1,318 17% 11 -50% 113

AVG. DAYS SOLD WELLINGTON $1,299,000 $1,357,500 -4% $633 29% 13 63% 64
ON MARKET LISTINGS
WEST PALM BEACH $2,200,000 $1,450,000 52% $1,065 22% 187 143% 65

745 43%

ACTIVE
LISTINGS
 SINGLE-FAMILY HOMES

Martin
County $750K $329 56
52%
5% 2%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

SALES RISE 584 8%

180 8%

Closed sales increased by 8%, yet the median price SOLD ACTIVE
LISTINGS LISTINGS
decreased. Sales increased the most in the $500,000 to
$1 million range for homes over $3 million.
MARKET DATA FOR SINGLE-FAMILY, HOMES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

HOBE SOUND $655,000 $680,000 -4% $313 4% 64 73% 46

HUTCHINSON ISLAND $2,675,000 $1,587,500 69% $711 16% 23 92% 82

JENSEN BEACH $632,000 $649,900 -3% $308 3% 81 37% 42

JUPITER ISLAND $11,171,836 $6,200,000 80% $2,223 9% 14 -1% 105

PALM CITY $815,000 $835,000 -2% $318 1% 377 6% 34

SEWALL'S POINT $1,075,000 $1,380,000 -22% $415 -6% 46 -5% 54

STUART $748,250 $701,450 7% $351 6% 194 18% 55

 CONDOMINIUMS

Martin
County $640K $452 77
165%
3% 2%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

STRONG INCREASE IN SALES 95 23%

52 24%

The number of sales in 2023 increased SOLD ACTIVE

LISTINGS LISTINGS
by more than 23%, the most significant
jump in the southeast region.
MARKET DATA FOR SINGLE-FAMILY, HOMES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

HOBE SOUND N/A $1,250,000 N/A N/A N/A - N/A N/A

HUTCHINSON ISLAND $615,000 $675,000 -9% $471 -2% 70 27% 80

JENSEN BEACH $775,000 $557,500 39% $326 6% 3 -57% 120

JUPITER ISLAND N/A N/A N/A N/A N/A - N/A N/A

PALM CITY $800,000 $1,187,500 -32% $336 -36% 7 75% 73

SEWALL'S POINT N/A N/A N/A N/A N/A - N/A N/A

STUART $775,000 $743,000 4% $424 3% 13 30% 54

 SINGLE-FAMILY HOMES

Indian River
County $773K $324 89
46%
3% 4%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

SALES ACTIVITY UP 809 11%

543 45%

Sales activity increased by 11%, making it one of the SOLD ACTIVE

LISTINGS LISTINGS
few regions with more sales in 2023. This was also the
most significant increase in the southeast region.
MARKET DATA FOR SINGLE-FAMILY, HOMES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

BARRIER ISLAND $1,250,100 $1,435,000 -13% $478 -5% 271 14% 106

MAINLAND
$635,000 $625,000 2% $269 2% 343 1% 88
VERO BEACH

SEBASTIAN/
$600,000 $589,000 2% $283 3% 35 0% 96
FELLSMERE
 CONDOMINIUMS

Indian River
County $785K $446 92
73%
1% 1%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

SALES ACTIVITY UP 239 19%

166 82%

Sales activity increased by 11%, making it one of the SOLD ACTIVE

LISTINGS LISTINGS
few regions with more sales in 2023. This was also the
most significant increase in the southeast region.
MARKET DATA FOR CONDOMINIUMS, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

BARRIER ISLAND $825,000 $850,000 -3% $473 1% 165 9% 95

MAINLAND VERO
$716,352 $615,000 16% $331 2% 46 21% 100
BEACH

SEBASTIAN/
$550,000 N/A N/A $349 N/A 3 N/A 49
FELLSMERE
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Brevard
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

COCOA $633,000 $630,000 0% $271 9% 50 -31% 38

COCOA BEACH $810,000 $810,000 0% $467 11% 93 -15% 49

HOMES MOVE QUICKLY GRANT $690,000 $674,000 2% $304 6% 33 -18% 66

The average number of days a home INDIALANTIC $745,000 $745,000 0% $328 -2% 143 23% 40

spent on the market remained the MALABAR $607,500 $614,000 -1% $269 1% 44 -4% 48
lowest in the southeastern region
MELBOURNE $640,675 $639,450 0% $270 3% 746 10% 30
despite a moderate increase in 2023.
MELBOURNE BEACH $845,000 $901,000 -6% $398 3% 129 -17% 57

MERRITT ISLAND $665,000 $650,000 2% $277 4% 305 -17% 48

$655K 1%

$283 2%
MIMS

PALM BAY
$615,000

$589,500
$609,950

$545,536
1%

8%
$267

$228
5%

8%
31

83
-24%

-19%
71

30
MEDIAN SALES PRICE MEDIAN PPSF
ROCKLEDGE $640,000 $653,250 -2% $278 0% 165 2% 36

39 2,171
SATELLITE BEACH &
$669,000 $659,450 1% $343 2% 207 -5% 37
65% 4% INDIAN HARBOUR BEACH

TITUSVILLE $575,500 $585,000 -2% $215 -1% 60 -25% 45

AVG. DAYS SOLD

WEST MELBOURNE $562,500 $560,000 0% $214 -2% 46 2% 33
ON MARKET LISTINGS

675 24%

ACTIVE
LISTINGS

MARKET DATA FOR SINGLE-FAMILY HOMES, $500,000+

 CONDOMINIUMS

NEIGHBORHOOD SNAPSHOTS
Brevard
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

COCOA $595,000 $700,000 -15% $289 -13% 17 -19% 53

COCOA BEACH $640,000 $650,000 -2% $414 0% 101 -18% 53

INVENTORY INCREASES GRANT N/A N/A N/A N/A N/A - N/A N/A

Condo inventory increased in INDIALANTIC $745,000 $750,000 -1% $436 2% 55 4% 104

2023, and fewer homes were sold, MALABAR N/A $885,000 N/A N/A N/A - N/A N/A
fueling a modest drop in pricing.
MELBOURNE $620,000 $659,900 -6% $308 0% 12 -74% 93

MELBOURNE BEACH $949,450 $749,000 27% $462 13% 34 -36% 106

MERRITT ISLAND $558,000 $530,000 5% $249 -3% 11 57% 44

$650K 2%

$402 1%
MIMS

PALM BAY
N/A

$610,000
N/A

$560,000
N/A

9%
N/A

$217
N/A

-6%
-

2
N/A

100%
N/A

37
MEDIAN SALES PRICE MEDIAN PPSF
ROCKLEDGE $891,500 $640,000 39% $313 5% 1 -50% 36

66 373
SATELLITE BEACH &
$798,500 $749,950 6% $438 1% 80 -2% 51
17% 19% INDIAN HARBOUR BEACH

TITUSVILLE $544,900 $569,450 -4% $296 12% 22 38% 69

AVG. DAYS SOLD

WEST MELBOURNE N/A N/A N/A N/A N/A - N/A N/A
ON MARKET LISTINGS

210 42%

ACTIVE
LISTINGS

MARKET DATA FOR CONDOMINIUMS, $500,000+

 ALL RESIDENTIAL

Flagler
County $670K $309 63
70%
2% 1%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

HIGHER PRICED HOMES

SALES INCREASE
1,035 4%

121 57%

SOLD ACTIVE
LISTINGS LISTINGS
Sales of homes priced greater than
$1 million increased by 15%. The most homes
priced greater than $3 million sold in 2023. MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

BUNNELL $671,500 $785,000 -14% $275 28% 12 71% 79

FLAGLER BEACH $730,000 $715,000 2% $364 -2% 97 -4% 76

PALM COAST $675,000 $660,000 2% $308 1% 483 -14% 63

 ALL RESIDENTIAL

NEIGHBORHOOD SNAPSHOTS
St. Johns
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

JULINGTON CREEK
$665,262 $665,525 0% $239 1% 581 -10% 65
AREA

NOCATEE $765,000 $715,000 7% $311 4% 523 -20% 59

PRICING TICKS UP
PONTE VEDRA BEACH $1,225,000 $1,187,500 3% $421 3% 457 -4% 66

The median price rose slightly

SOUTHEAST ST JOHNS
$665,000 $686,000 -3% $392 1% 348 -6% 77
compared with the prior year. COUNTY
Though inventory increased, it did so
ST AUGUSTINE BEACH-
by the smallest amount in the region. ES/ANASTASIA ISLAND
$642,500 $615,000 4% $325 9% 96 -31% 67

ST JOHNS $640,000 $615,000 4% $248 2% 637 12% 101

$690K $285
SOUTHWEST ST JOHNS
$589,000 $590,000 0% $246 1% 43 -27% 80
COUNTY
2% 2%

ST AUGUSTINE/VILANO
$715,000 $713,960 0% $330 11% 212 -25% 73
BEACH
MEDIAN SALES PRICE MEDIAN PPSF
WORLD GOLF VILLAGE
$616,280 $619,495 -1% $233 -1% 510 7% 66
AREA/PALENCIA

72 77%

4,261 8%

AVG. DAYS SOLD

ON MARKET LISTINGS

323 23%

ACTIVE
LISTINGS

MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

 ALL RESIDENTIAL

Clay
County $595K $212 57
45%
2% 4%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

SALES SLOW 428 17%

29 61%

Sales activity decreased by 17% in 2023. This SOLD ACTIVE

LISTINGS LISTINGS
was the most significant decline in the northeast
region.
MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

FLEMING ISLAND $610,000 $605,000 1% $218 4% 124 -41% 48

GREEN COVE SPRINGS $607,343 $621,000 -2% $223 -3% 78 39% 53

MIDDLEBURG/
$599,004 $610,927 -2% $220 2% 97 9% 64
KEYSTONE

ORANGE PARK $597,500 $600,000 0% $192 5% 32 14% 82

OAKLEAF PLANTATION $549,700 $610,000 -10% $173 -2% 55 -27% 48

 ALL-RESIDENTIAL

NEIGHBORHOOD SNAPSHOTS
Duval
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

ARLINGTON/FORT
$605,000 $614,000 -1% $213 -4% 83 12% 68
CAROLINE

AVONDALE/RIVERSIDE/
$662,500 $632,500 5% $304 4% 160 -14% 61
PRICES INCREASE ORTEGA

BARTRAM $565,000 $542,500 4% $196 2% 37 -16% 36

The median price increased by 3% in
2023. Sales of homes in the $1 million BEACHES $769,750 $790,500 -3% $437 5% 524 -4% 55

to $3 million range increased by 11%.

BEAUCLERC/
$600,000 $592,500 1% $222 0% 212 -20% 71
MANDARIN

DOWNTOWN
$537,000 $591,000 -9% $237 0% 17 89% 77
JACKSONVILLE

$680K $286
INTRACOASTAL $731,076 $681,822 7% $284 5% 748 -4% 65
3% 5%
NOCATEE (DUVAL) $526,409 $531,397 -1% $226 0% 21 5% 80

MEDIAN SALES PRICE MEDIAN PPSF NORTH JACKSONVILLE $604,500 $600,000 1% $222 6% 82 -24% 81

SAN MARCO/SAN JOSE $744,495 $750,000 -1% $304 10% 118 -9% 58

62 58%

2,287 9% SOUTHSIDE

WEST JACKSONVILLE
$627,500

$559,900
$585,000

$575,000
7%

-3%
$231

$213
0%

-8%
138

37
-18%

-18%
59

68
AVG. DAYS SOLD
ON MARKET LISTINGS

157 39%

ACTIVE
LISTINGS

MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

 ALL RESIDENTIAL

Nassau
County $719K $334 67
64%
3% 12%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

FEWER SALES BUT HIGHER PRICES 1,348 4%

133 64%

The median price increased by 3% in SOLD ACTIVE

LISTINGS LISTINGS
2023, even as closed sales fell by 4%.

MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

2023 2022 2023 2023 2023
CHANGE CHANGE CHANGE

NASSAU COUNTY $719,375 $699,900 3% $334 12% 1,348 -4% 67

AMELIA ISLAND/
$750,000 $720,000 4% $365 8% 725 -12% 63
FERNANDINA BEACH

YULEE/WILDLIGHT $620,000 $630,000 -2% $244 -7% 46 -2% 95