Palm Beach County condo sales and dollar volume slid in November.
Brokers closed 581 condo sales totaling $299 million in Palm Beach County in November, compared to 641 condo sales totaling $319 million in October, MLS data from Redfin show.
November sale prices ranged from $55,000 to $18.8 million, with a median price of $260,000. In October, sale prices ranged from $40,000 to $9 million, with a median price of $279,000.
The price per square foot in November ranged from $71 to $2,399, with a median price of $232. In October, the median price per square foot was $239 and ranged from $45 to $2,338.
For the third month in a row, a La Clara condo took the title of priciest trade. Spec developer Todd Glaser bought unit 2601, a penthouse, for $18.8 million — which he already relisted for $28.5 million. Carol Sollak with Engel & Völkers Wellington and Christopher Leavitt with Douglas Elliman (Palm Beach) have the current listing. Glaser’s $18.8 million purchase breaks down to $2,338 per square foot. It sold after 752 days on the market.
On the flip side, a gutted Lake Clarke Gardens condo bottomed out the charts for November. Unit 105 at 2811 Garden Drive South in Lake Worth sold for $55,000 — or $74 per square foot. Sean Murphy with Illustrated Properties had the listing. Diana Rudman, also with Illustrated Properties, represented the buyer. The deal closed after 38 days on the market.
Here’s a breakdown of November’s notable condo sales:
Most Expensive
La Clara, 200 Arkona Court, unit 2601, in West Palm Beach | Price $18,750,000 | $2,338 psf | Year built: 2023
Least Expensive
Lake Clarke Gardens, 2811 Garden Drive South, unit 105, in Lake Worth | Price $55,000 | $74 psf | Year built: 1971 | Listing agent: Sean Murphy with Illustrated Properties | Buyer’s agent: Diana Rudman with Illustrated Properties
Highest Price Per Square Foot
Seaglass Condominium, 1500 Beach Road, unit 403, in Tequesta | Price $12,500,000 | $2,399 psf | Year built: 2022 | Listing agent: Robert Thomson with Waterfront Properties & Club C | Buyer’s agent: Jeremy Browne with Compass Florida
Lowest Price Per Square Foot
Bridgewood Midrise, 1956 Bridgewood Drive, unit 1722, in Boca Raton | Price $75,000 | $71 psf | Year built: 1974 | Listing agent: Mallor McCabe with Boca West Realty | Buyer’s agent: Luis Cadena with Luca Realty
Newest
La Clara, 200 Arkona Court, unit 2601, in West Palm Beach | Price $18,750,000 | $2,338 psf | Year built: 2023
Oldest
Gulfstream Condo, 31 South Golfview Road, unit 13, in Lake Worth Beach | Price $235,000 | $324 psf | Year built: 1948 | Listing agent: Christopher Busby with KW Innovations | Buyer’s agent: Simon Isaacs with Simon Isaacs Real Estate
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