Palm Beach County’s condo sales and dollar volume surged in the first week of December. The average price per square foot also rose, as the market heats up for the busy season.
Brokers closed 112 condo sales totaling $48.7 million from Dec. 2 to Dec. 9. The previous week, brokers closed 53 condo sales totaling $17.7 million.
Last week’s units sold for an average of $434,716, higher than the $334,751 average price from the previous week. The average price per square foot rose to $297 from $276, according to data from Redfin.
For the top 10 sales, prices ranged from $825,000 to $3.7 million.
Unit 5A at Beresford, at 350 South Ocean Boulevard in Boca Raton, took the top spot with a $3.7 million closing. The sale equated to $1,447 per square foot after 113 days on market.
Michael Botta of One Sotheby’s International Realty represented both sides of the deal.
Unit 609 at Alina Residences, at 200 Southeast Mizner Boulevard in Boca Raton, closed for the second highest amount, $3.6 million. It sold for $1,243 per square foot after 120 days on the market.
Kathy Koch Pitlake and Edward Pitlake of Douglas Elliman had the listing, and Aaron Buchbinder of Compass brought the buyer.
Here’s a breakdown of the top 10 sales from Dec. 2nd to Dec. 9th:
Most Expensive
Beresford, 350 South Ocean Boulevard, Unit 5A, in Boca Raton | Price: $3,650,000 | $1,447 psf | Listing agent: Michael Botta with One Sotheby’s International Realty | Buyer’s agent: Michael Botta with One Sotheby’s International Realty
Least Expensive
Ballenisles, 115 Palm Point Circle, Unit D, in Palm Beach Gardens | Price: $825,000 | $331 psf | Listing agents: Lee Weisberg and Jillian Benson with Signature Best Florida Realty | Buyer’s agents: Andrew Leibowitz and Michael Leibowitz of Leibowitz Realty Group
Highest Price Per Square Foot
Beresford, 350 South Ocean Boulevard, Unit 5A, in Boca Raton | Price: $3,650,000 | $1,447 psf | Listing agent: Michael Botta with One Sotheby’s International Realty | Buyer’s agent: Michael Botta with One Sotheby’s International Realty
Lowest Price Per Square Foot
Ballenisles, 115 Palm Point Circle, Unit D, in Palm Beach Gardens | Price: $825,000 | $331 psf | Listing agents: Lee Weisberg and Jillian Benson with Signature Best Florida Realty | Buyer’s agents: Andrew Leibowitz and Michael Leibowitz of Leibowitz Realty Group