Palm Beach County’s condo revenue and greenback quantity rose in February.
February condo revenue totaled $266 million, earlier mentioned the $243 million in January. Brokers shut 533 sales very last thirty day period, up from 440 profits in January and down from 538 profits in December, Multiple Listing Services details from Redfin clearly show.
February sale costs ranged from $65,000 to $6 million, with a median sale selling price of $280,000. The price per square foot ranged from $65 to $2,675, with a median of $246 for each sq. foot.
In January, product sales shut with a median price of $280,000, and $244 per square foot.
A $6 million closing at Ocean Delray took the title of the priciest sale last thirty day period. Unit 9 at 1901 South Ocean Boulevard in Delray Seashore marketed for $1,567 per sq. foot just after 107 times on the marketplace. Jenna Steffens with Douglas Elliman (Palm Seashore) had the listing, and Wilhelm Nash with Illustrated Qualities represented the customer.
The sale selling price was decreased than January’s priciest sale. Unit 202 at 725 South Ocean Boulevard in Boca Raton bought for $8.3 million — or $1,962 per sq. foot.
In distinction, February’s cheapest sale was device 5 at Lake Clarke Gardens in Lake Truly worth, at 2687 North Garden Push. The device traded for $65,000 — or $87 per sq. foot — just after 187 days on the market place. Sharon Tocket with Gracious Properties Realty experienced the listing. Alex Ordonez with Compass Florida represented the buyer.
Here’s a breakdown of February’s noteworthy condo profits:
Most Highly-priced
Ocean Delray, 1901 South Ocean Boulevard, unit 9, in Delray Seashore | Price $6,000,000 | $1,567 psf | Year developed: 2021 | Listing agent: Jenna Steffens with Douglas Elliman (Palm Seaside) | Buyer’s agent: Wilhelm Nash with Illustrated Qualities
The very least High-priced
Lake Clarke Gardens, 2687 North Yard Travel, device 306, in Lake Well worth | Rate $65,000 | $87 psf | 12 months constructed: 1968 | Listing agent: Sharon Tocket with Gracious Residences Realty | Buyer’s agent: Alex Ordonez with Compass Florida
Greatest Cost For every Square Foot
Palm Beach front Towers, 44 Cocoanut Row, unit 212a, in Palm Beach | Rate $3,250,000 | $2,675 psf | Calendar year crafted: 1956 | Listing agent: Terrance Harris and Matthew Doyle with Compass Florida | Buyer’s agent: Richard Steinberg with Compass Florida
Lowest Rate Per Square Foot
Bridgewood, 1633 Bridgewood Push, unit 3, in Boca Raton | Cost $68,000 | $65 psf | Year designed: 1974 | Listing agent: Faye Weisberg with Corcoran | Buyer’s agent: Faye Weisberg with Corcoran
Most recent
Amrit Ocean Vacation resort & Resi, 3100 North Ocean Push, Unit 903P, in West Palm Beach | Price tag $1,150,000 | $523 psf | Calendar year developed: 2023 | Listing agent: Kari Lydon with Compass Florida
Oldest
Palm Seashore Lodge, 235 Dawn Avenue, device 2017, in Palm Beach front | Value $600,000 | $2,214 psf | 12 months designed: 1925 | Listing brokers: Maria Termotto and Joshua Horwitz with Keller Williams Realty of the Palm Shorelines | Buyer’s agent: Anna Kuzminova with Coldwell Banker
