When clients ask whether Miami’s run is “over,” I point them to the research. Christie’s International Real Estate’s 2026 Global Luxury Perspectives describes the move toward Florida not as a moment, but as a structural shift still underway.
The “pull market” effect
The report draws a clear line between pull markets — places that attract capital through advantageous tax, residency, and lifestyle policies — and push markets, marked by regulatory friction, tax pressure, or instability.
Its summary of the Americas is direct: wealth continues to shift from high-tax, high-regulation metros to more business-friendly, low-tax, or no-tax luxury markets. Florida is the textbook beneficiary — no state income tax, a deep services ecosystem, and year-round lifestyle appeal.
What the numbers show
- Americas PSI +16.5 for 2026 — a positive, stabilizing luxury outlook.
- Buyer demand +29.3 globally, with a shift toward intentional, quality-driven purchasing.
- Florida appeared twice in Christie’s ten spotlighted 2025 sales: Manalapan ($55.5M) and Naples ($22M).
- In Naples, prices stabilized after years of rapid growth — then demand surged again, a healthy sign of durable interest rather than a bubble.
1140 South Ocean Boulevard, Manalapan — sold for $55.5M, one of Florida’s two spotlighted sales in Christie’s 2026 Global Luxury Perspectives.
What it means if you are relocating
A few practical takeaways for buyers moving from another state or country:
- Timing is structural, not speculative. The migration is policy-driven and multi-year, which supports steadier pricing than headline cycles suggest.
- Inventory is expanding at a measured pace (PSI inventory −23.2, easing from −36.9), giving deliberate buyers more room without a glut.
- Quality and fit win. Advisors report fewer urgency-driven deals — the moment rewards buyers who choose the right building and neighborhood over the fastest one.
If a Florida move is on your horizon, I help clients map daily life, shortlist neighborhoods, and decide whether to lease or buy — in English or Turkish. See the relocation guide or reach out directly.
Source: Christie’s International Real Estate, 2026 Global Luxury Perspectives.
