#MarketWatchMonday Time! Miami existing condo luxury sales surged 69.9% year-over-year to 192 transactions. Miami single-family luxury transactions rose 20.4% year-over-year to 201 sales in January 2022. Miami luxury condominiums have a robust inventory of 6.9 months of supply, indicating that the industry will continue to develop in the future given the high demand. Luxury single-family houses have 3.2 months of supply. Luxury months of supply continue to trend downward for all property types because of the robust demand.