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Florida has 7 of country’s 10 most unequal housing markets

Led by Fort Lauderdale

Out front of a beautiful tropical modern home in Fort Lauderdale, with a huge glass foyer, wooden garage and modern features
A luxury home in Fort Lauderdale
Courtesy of DeBianchi Real Estate

Seven of the nation’s 10 most unequal housing markets are in Florida, according to a Redfin study.

The analysis compared home sales on opposite ends of the spectrum in over 1,000 cities, measuring the differences between the most expensive 5 percent of homes sold and the bottom 95 percent.

The most unequal city was Fort Lauderdale, where average luxury homes sold for 8.3 times the price of a home in the bottom 95 percent of their market. Delray Beach, Boca Raton, Sarasota, West Palm Beach, Miami, and St. Petersburg were the other Sunshine State cities in the Top 10.