At the same time, the pace of total home sales is on the decline, MIAMI REALTORS® + RWorld said.   

The new champ is 94027 in Atherton, California, also known as the “billionaire capital of Silicon Valley.”

Compass Development and marketing was brought on to help Brown Harris Stevens sell the 54 condominiums. 

Economists were expecting a monthly decline in the annual sales rate. 

The 12 ultra-luxury units will start at $32 million apiece. 

By renaming it The Plaza Davie District, El-Ad hopes to cement the 2.8 million-square-foot development’s status as an amenity-driven destination. 

The acquisition adds almost 2,000 agents to the HomeSmart network, bringing it to over 27,000 agents nationwide.  

The 342-unit development is expected to welcome its first tenants in November. 

The $650 million tower is being developed by Prosper Group and Versluys Group. 

In Miami, buyers who wait until the last week of November/the first week of December to buy stand to see 7% more active listings.

Developer DFRE said the project will have 112 rental studios when it opens in 2018. 

The luxury development will have 20 townhomes priced from $1.25 million to $2.25 million when it opens next year. 

In 2022, Chad Bishop broke Fort Lauderdale’s record for price-per-square-foot with the sale of Gisele Bundchen’s Melaleuca Road residence.

The 48-unit luxury condominium community is expected to open in third quarter 2028. 

One Metropica is approximately 90% sold and has 25 developer residences remaining out of 263 total units.

Backers say Greenview is the first new luxury single-family estate community to open in the Aventura area in over 25 years.