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Luxury real estate in Palm Beach County saw a double-digit increase in home sales last month compared to July 2017. The number of home sales above $600,000 rose 26.6% over last year and homes in the $1 million+ price range saw a whopping 30.6% increase. It's the first time the county has seen such a spike.

New luxury construction is being developed all over the Palm Beaches which helped drive sales, as many people would rather purchase a new property opposed to possibly having to put up thousands in upgrades on older home. Reports have also shown a notable increase in people from the Northeast relocating to the area for job opportunity, higher pay, recreation and less tax. 

The month of July was also a good indicator of future closings with

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