While South Florida single-family home sales increased in May, Miami-Dade still struggles with a sluggish market.

According to a new “ Elliman Report , ” analyzing housing markets across the country, Palm Beach County fared best in South Florida home sales last month, with 359 signed contracts, up from 325 homes sold in May 2024, representing a 10.5% increase. While the year-over-year comparison is favorable, the monthly comparison showed a drop from the 413 homes sold in Palm Beach in April .

Elliman Report analysts concluded that despite fluctuations in the Palm Beach housing market, it’s generally been moving in a positive direction.

“The market for newly signed contracts continued its upward trend, marking the fourth time in six months that there has been an annual increase

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