In Miami-Dade, condo contracts experienced a bigger increase than single-family homes.
New signed residential contracts in South Florida rose in December, according to Douglas Elliman’s monthly report. Miami-Dade, Broward and Palm Beach counties saw annual increases in contracts signed. Single-family contracts in Broward County and condo contracts in Miami-Dade also increased on a monthly basis compared to November.

Contracts for single-family homes grew 8.8 percent year over year to 1,059 contracts. Listings grew 22 percent to 853 listings. Contracts for condos grew 22 percent year over year to 1,305 contracts. Top closed residential sales in the county last month include the waterfront Miami Beach mansion that the late Elizabeth Taylor called home in the 1940s, which sold in December for nearly $20 million.