Palm Beach County condo sales totaled $237 million in the first month of the year, nearly $40 million less than in December.
Brokers closed 506 condo sales last month, compared with 585 in December, MLS data from Redfin shows. Sale prices ranged from $55,000 to $21 million, with a median price of $260,000. Price per square foot ranged from $76 to $3,788, with a median of $237.
In December, prices ranged from $32,000 to $23.8 million, with a median price of $249,900. Price per square foot likewise ranged from $49 to $4,679 with a median of $218.
Bristol unit 1901 at 1100 South Flagler Drive in West Palm Beach snatched January’s title of priciest condo sale, with a $21 million closing after 259 days on the market. Douglas Elliman’s Samantha Curry represented the sellers, Robert Garvy, founder and former CEO of Intech Investment Management, and his wife Carol. Steve Hall with Compass represented the undisclosed buyer. The deal came out to $3,788 per square foot.
That sale price is a few million less than December’s top sale, a $23.8 million closing at Leverett House in Palm Beach. Unit E4B at 110 Sunset Avenue went for $4,679 per square foot. Robert Kraft, billionaire owner of the New England Patriots, and his wife, Dana, bought the condo from an unidentified seller after it spent 52 days on the market.
Dana Koch and Paulette Koch of the Corcoran Group represented the seller. Christian Angle of Christian Angle Real Estate represented the Krafts.
Kings Point unit 194 at 194 Seville I in Delray Beach took the title of January’s cheapest sale, closing at $55,000 — or $76 per square foot — after spending 47 days on the market. Michael LaChance with LoKation Real Estate had the listing.
Here’s a breakdown of Palm Beach County’s January condo sales:
Most Expensive
Bristol, 1100 South Flagler Drive, unit 1901 | Price $21,000,000 | $3,788 psf | Year built: 2019 | Listing agent: Samantha Curry with Douglas Elliman | Buyer’s agent: Steve Hall with Compass | Days on market: 259
Least Expensive
Kings Point Seville, 194 Seville I, unit 194 | Price $55,000 | $76 psf | Year built: 1973 | Listing agent: Michael LaChange with LoKation | Days on market: 47
Highest Price Per Square Foot
Bristol, 1100 South Flagler Drive, unit 1901 | Price $21,000,000 | $3,788 psf | Year built: 2019 | Listing agent: Samantha Curry with Douglas Elliman | Buyer’s agent: Steve Hall with Compass | Days on market: 259
Lowest Price Per Square Foot
Kings Point Seville, 194 Seville I, unit 194 | Price $55,000 | $76 psf | Year built: 1973 | Listing agent: Michael LaChange with LoKation | Days on market: 47
Newest
Bristol, 1100 South Flagler Drive, unit 1901 | Price $21,000,000 | $3,788 psf | Year built: 2019 | Listing agent: Samantha Curry with Douglas Elliman | Buyer’s agent: Steve Hall with Compass | Days on market: 259
Oldest
Palm Beach Hotel Condominium, 235 Sunrise Avenue, units 1050 & 1051 | Price $775,000 | $758 psf | Year built: 1925 | Listing agent: Joseph Scheerer and Paul Bergman with Douglas Elliman | Buyer’s agent: David Stein with Douglas Elliman | Days on market: 52
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