The $100M Benchmark: How "Trophy Sales" Reset Your Property's Value
The $101.5M sale of Coconut Grove's "Banyan Ridge" estate created a comp-shifting event that reset appraisal benchmarks across a 5-mile radius. As trophy sales at the $50M+ level become more frequent, entry-level luxury pricing is pushed upward. The best homes are now appreciating faster than the broader market.
Read More →