Palm Beach County weekly condo sales surge to M

Palm Beach County weekly condo sales surge to $63M



Palm Beach County’s condo sales and dollar volume rose in the last week of May. 

Brokers closed 129 condo sales totaling $62.6 million from May 23 to May 31. The previous week, brokers closed 85 condo sales totaling $48.5 million. 

Last week’s units sold for an average of $485,614, lower than the $570,234 average price from the previous week. The average price per square foot fell to $323 from $329, according to data from Redfin.

For the top 10 sales, prices ranged from $1.3 million to $3.9 million. 

Unit 353 at Mizner Court, at 140 Southeast Fifth Avenue in Boca Raton, took the top spot with a $3.9 million closing. The sale closed at $1,389 per square foot after one day on market. 

David Hall and Sonia Hall with Compass represented the buyer.

Unit 320B at Palm Beach Towers, at 44 Cocoanut Row in Palm Beach, closed for the second highest amount, $3.8 million, or $2,532 per square foot after 145 days on market. 

Steven Koleno with Beycome of Florida had the listing.

 

  

Leaflet map created by Adam Farence | Data by © OpenStreetMap, under ODbl.

Here’s a breakdown of the top 10 sales from May 23 to May 31:

Most Expensive

Mizner Court, 140 Southeast 5th Avenue, unit 353, in Boca Raton | Price: $3,850,000 | $1,389 psf | Buyer’s agents: David Hall and Sonia Hall with Compass 

Least Expensive

Highlands Place, 2901 South Ocean Boulevard, unit 503, in Highland Beach | Price: $1,300,000 | $590 psf | Listing agents: Julia Amsterdam and John Wayne with Coldwell Banker Realty | Buyer’s agent: Rachel Huff with John P. O’Grady 

Palm Beach Towers, 44 Cocoanut Row, unit 320B, in Palm Beach | Price: $3,800,000 | $2,532 psf | Listing agent: Steven Koleno with Beycome of Florida

Highlands Place, 2901 South Ocean Boulevard, unit 503, in Highland Beach | Price: $1,300,000 | $590 psf | Listing agents: Julia Amsterdam and John Wayne with Coldwell Banker Realty | Buyer’s agent: Rachel Huff with John P. O’Grady 





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