Palm Beach front County’s January condo gross sales begun the yr slowly, with fewer closings than in December.
January condominium revenue totaled $243 million, slipping from $273 million in December. Brokers shut 440 gross sales previous thirty day period, down from 538 profits in December, and 641 in November, Several Listing Services information from Redfin exhibit.
January sale charges ranged from $60,000 to $8.3 million, with a median sale cost of $280,000. The value for every square foot ranged from $57 to $2,510, with a median of $244 for every sq. foot.
In December, income closed with a median rate of $275,000, and $245 for each sq. foot.
An $8.3 million closing at Boca Beach front Residences, which finished design in October, took the title of priciest sale previous thirty day period. Unit 202 at 725 South Ocean Boulevard in Boca Raton marketed for $1,962 per square foot soon after 67 times on the industry. Bonnie Heatzig with Douglas Elliman had the listing, and Jennifer Goldstein with Formal represented the customer.
The sale price tag was much less than December’s priciest sale. Device S45 at Two North Breakers Row in Palm Beach offered for $9 million — or $2,684 per square foot — following 193 times on the sector.
In distinction, January’s most inexpensive sale was Windsor device A, at Four Windsor Push in West Palm Beach. It traded for $60,000 — or $57 for each sq. foot — immediately after 91 days on the marketplace. Melissa Iaria with Berkshire Hathaway Florida Realty had the listing, and Brittani Fortier with United Realty Team represented the consumer.
Here’s a breakdown of January’s noteworthy apartment product sales:
Most High-priced
Boca Seashore Residences, 725 South Ocean Boulevard, unit 202, in Boca Raton | Price tag $8,250,000 | $1,962 psf | Calendar year developed: 2023 | Listing agent: Bonnie Heatzig with Douglas Elliman | Buyer’s agent: Jennifer Goldstein with Official
Minimum High-priced
Windsor, 4 Windsor Push, unit A, in West Palm Seashore | Price tag $60,000 | $103 psf | 12 months crafted: 1972 | Listing agent: Melissa Iaria with Berkshire Hathaway Florida Realty | Buyer’s agent: Brittani Fortier with United Realty Team
Optimum Cost For each Square Foot
Island Property, 354 Chilean Avenue, device 6A, in Palm Beach | Value $3,050,000 | $2,510 psf | Calendar year designed: 1983 | Listing agent: Rosalind Clarke with Premier Estate Properties | Buyer’s agent: John Rooney with Douglas Elliman (Palm Seashore)
Cheapest Value For every Square Foot
Southport At Hunters Run, 23 Southport Lane, device 23C, in Boynton Beach | Price tag $85,000 | $57 psf | Year created: 1980 | Listing agents: Richard Ralston and Elana Sessler, both equally with The Keyes Organization | Buyer’s agent: Elaine Perlmutter with Lang Realty/Delray Beach front
Newest
Boca Seashore Residences, 725 South Ocean Boulevard, unit 202, in Boca Raton | Value $8,250,000 | $1,962 psf | Calendar year crafted: 2023 | Listing agent: Bonnie Heatzig with Douglas Elliman | Buyer’s agent: Jennifer Goldstein with Official
Oldest
Palm Seashore Hotel Apartment, 235 Dawn Avenue, unit 2224, in Palm Seaside | Value $550,000 | $1,414 psf | 12 months built: 1925 | Listing agent: Maria Termotto and Joshua Horwitz with Keller Williams Realty | Buyer’s agent: Anna Kuzminova with Coldwell Banker
