Palm Beach County’s condo sales and dollar volume slipped last week, while the average sale price rose.
Brokers closed 67 condo sales totaling $39.7 million from Sept. 15th to Sept. 22nd. The previous week, brokers closed 91 condo sales totaling $45.9 million.
Last week’s units sold for an average price of $593,041, higher than the $504,396 average price from the previous week. The average price per square foot rose to $343 from $318, according to data from Redfin.
For the top 10 sales, prices ranged from $725,000 to $5.1 million.
Unit R-12 at Excelsior, at 400 South Ocean Boulevard in Boca Raton, took the top spot with a $5.1 million closing. The sale closed at $1,187 per square foot. Michael Wells and Scot Karp, both with Premier Estate Properties, had the listing. Michael Botta with One Sotheby’s International Realty represented the buyer. The deal closed after 192 days on the market.
Unit 502N at the Palm Beach Hampton, at 3100 South Ocean Boulevard in Palm Beach, closed for the second highest amount, $4.5 million, or $2,006 per square foot. The deal closed after 100 days on the market. Scott and Mindy Gordon, both with Douglas Elliman (Palm Beach) had the listing. Angela Guitard with Coldwell Banker represented the buyer.
Here’s a breakdown of the top 10 sales from Sept. 15th to Sept. 22nd:
Most Expensive
Excelsior, 400 South Ocean Boulevard, unit R-12, in Boca Raton | Price: $5,100,000 | $1,187 psf | Listing agents: Michael Wells and Scot Karp with Premier Estate Properties | Buyer’s agent: Michael Botta with One Sotheby’s International Realty
Least Expensive
Barclay, 3546 South Ocean Boulevard, unit 405, in South Palm Beach | Price: $725,000 | $517 psf | Listing agents: Anna Cellarova and Henry Whitehill, both with Palm Beach Realty | Buyer’s agent: Guy Buzzelli with Coldwell Banker Realty
Highest Price Per Square Foot
Palm Beach Hampton, 3100 South Ocean Boulevard, unit 502N, in Palm Beach | Price: $4,501,600 | $2,006 psf | Listing agents: Scott and Mindy Gordon, both with Douglas Elliman (Palm Beach) | Buyer’s agent: Angela Guitard with Coldwell Banker
Lowest Price Per Square Foot
One Singer Island, 5310 North Ocean Drive, unit 601, in Singer Island | Price: $1,475,000 | $508 psf | Listing agents: Dermot O’Brien with Sotheby’s International Realty | Buyer’s agent: Martha Jolicoeur with Douglas Elliman (Wellington)