Palm Beach County’s condo sales and dollar volume dropped in the first week of February.
Brokers closed 70 condo sales totaling $35.3 million from Feb. 2 to Feb. 9. The previous week, brokers closed 89 condo sales totaling $61.3 million.
Last week’s units sold for an average of $504,417, lower than the $688,181 average price from the previous week. The average price per square foot fell to $319 from $377, according to data from Redfin.
For the top 10 sales, prices ranged from $750,000 to $7.8 million.
Unit 103 at Presidential Place, at 800 South Ocean Boulevard in Boca Raton, took the top spot with a $7.8 million closing. The sale closed at $1,633 per square foot after 24 days on market.
Senada Adžem with Douglas Elliman had the listing, and Erin Omiatek and Zina Cortese with One Sotheby’s International Realty represented the buyer.
Unit 602 at Winthrop House, at 100 Worth Avenue in Palm Beach, closed for the second highest amount, $2.9 million, or $1,801 per square foot after 133 days on market.
Lisa Cregan with Sotheby’s International Realty had the listing, and Suzanne Frisbie with the Corcoran Group brought the buyer.
Here’s a breakdown of the top 10 sales from Feb. 2 to Feb. 9:
Most Expensive
Presidential Place, 800 South Ocean Boulevard, unit 103, in Boca Raton | Price: $7,750,000 | $1,633 psf | Listing agent: Senada Adžem with Douglas Elliman | Buyer’s agents: Erin Omiatek and Zina Cortese with One Sotheby’s International Realty
Least Expensive
Laurel Oaks, 20100 Boca West Drive, unit 128, in Boca Raton | Price: $750,000 | $341 psf | Listing agents: Patricia Pearcy and Geisy Valente with Elite International Realty
Highest Price Per Square Foot
Winthrop House, 100 Worth Avenue, unit 602, in Palm Beach | Price: $2,859,200 | $1,801 psf | Listing agent: Lisa Cregan with Sotheby’s International Realty | Buyer’s agent: Suzanne Frisbie with the Corcoran Group
Lowest Price Per Square Foot
Laurel Oaks, 20100 Boca West Drive, unit 128, in Boca Raton | Price: $750,000 | $341 psf | Listing agents: Patricia Pearcy and Geisy Valente with Elite International Realty