There are always several factors that determine a real estate market’s temperature for buyers and sellers. Here are a few of those.

1. **High Demand**: Florida's luxury real estate market continues to experience high demand, driven by domestic and international buyers seeking primary residences, second homes, or investment properties. This demand is fueled by Florida's favorable climate, lifestyle, and tax advantages.

2. **Low Inventory**: Many areas in Florida, especially popular locations like Miami, Palm Beach, and Naples, have low inventory levels for luxury properties. This scarcity can drive up prices and create competitive bidding situations for desirable homes.

3. **Price Growth**: Over the past few years, luxury property prices in Florida have seen significant appreciation. This trend is influenced by the limited supply of high-end homes and strong buyer interest, leading to increased property values.

4. **Increased Buyer Preferences**: Buyers in the luxury segment are increasingly looking for properties with features that accommodate remote work, such as home offices, and amenities that enhance quality of life, like private pools, outdoor living spaces, and access to recreational facilities.

5. **Migration Trends**: Florida has been a popular destination for individuals and families relocating from high-tax states in the Northeast and West Coast. This migration trend has bolstered demand for luxury real estate, particularly in areas offering a blend of urban and resort-style living.

6. **International Interest**: Florida continues to attract international buyers, particularly from Latin America, Europe, and Canada. The state’s global appeal and reputation as a luxury destination contribute to steady demand from foreign investors.

7. **Market Stability**: While market dynamics can fluctuate, Florida’s luxury real estate market remains relatively stable compared to other parts of the country. The state's diverse economy, favorable tax environment, and growing population support ongoing interest in luxury properties.

To get the most accurate and up-to-date insights on current market conditions, it's advisable to consult with a local real estate expert who specializes in the luxury segment in your area of interest. They can provide detailed data and analysis tailored to your specific needs and preferences.