It is always a pleasure to share our Quarterly Market Reports with you. We know you enjoy analyzing the Palm Beach Real estate market… Please contact us with any questions regarding these sales of Palm Beach Homes and Condominiums.
|(Information provided by the Palm Beach MLS service, deemed reliable but subject to errors and omissions. Private sales are not included in the report.)|
Area 1: (Inlet Drive to Wells Road) 10 homes SOLD –
Average price: $9,403,365 – Average per sq.ft. $1,181
Highest priced per sq.ft. 390 N. Lake Way. – $2,481
Lowest priced per sq.ft. 201 Debra Lane – $662
Area 2: (Wells Road to Worth Avenue) 9 homes SOLD –
Average price: $4,080,944 – Average per sq.ft. $906
Highest priced per sq.ft. – 245 Atlantic Avenue – $1,466
Lowest priced per sq.ft. – 265 Park Avenue – $459
Area 3:(Worth Avenue to Sloan’s Curve) 2 homes SOLD –
Average price: $6,100,000 – Average per sq.ft. $824
Highest priced per sq.ft. – 160 Woodbridge Road – $933
Lowest priced per sq.ft. – 150 Algoma Road – $715
CONDOS – 36 SOLD in 4rd Quarter of 2015
Area 2: (Worth Avenue to Wells Road) –
Average price: $1,271,508 $720/sq/ft.
Highest per sq. ft. – 2 N. Breakers N31 – $3700/sq.ft.
The market is strong and inventory is low; commanding high prices for quality properties. We strive to locate properties that suit the needs of our clients whether it be in Palm Beach or the surrounding area. A recent trend worth noting… several clients are selling their homes and condominiums in town taking advantage of the high pricing, and moving to Flagler Drive, Trump Plaza for example, or to the wonderful golf course community of Old Palm, and other northern communities. In past days, it was not fashionable to “move across the bridge”, but today that is far from the truth. Old guard Palm Beach homeowners, are gladly making the move, and we would be pleased to help you should you wish to sell your property and make a change.
Please contact us for your confidential appointment. We welcome the opportunity to meet with you, provide you with a market value for your property, and to show you alternative properties that would best suit your needs. If you are considering selling your property, contact us today. Preview all listed properties on our fabulous web site:www.LindaOlsson.com.
We appreciate your business and look forward to serving all your real estate needs in 2016. Whether you are buying or selling, contact us for prompt, professional, real estate services 24/7.
We pride ourselves on keeping you abreast of Palm Beach market trends and opportunities in the market. Townhomes in Palm Beach are on the move, and the time to buy is now, while you can still obtain a great unit at a price under $1,000.00 a foot. These Palm Beach townhome units are under contract… and will close soon. Click to view listing(s)
We are pleased to announce that we sold; 360 Cocoanut Row, a truly elegant 4,196 (under air) sq. foot townhouse in walking distance to Worth Avenue boasting the finest finishes and lovely designer furnishings.Asking $6.3 million.
In addition, we listed and put under contract; 224 Bradley Place..A Villa Plati townhome. This traditional 3 Br. 4.5 BA. unit has outstanding Intracoastal views. Boasting 3,177 sq. ft. under air conditioned space, high ceilings, hardwood floors, elevator, and 3 car garage. Asking $2,695,000. These in-town Villa Plati townhome units are truly the best opportunities in Palm Beach, and should be considered as an alternative to a condominium or single family home.
I truly believe Villa Plati Townhomes are the best opportunity in today’s market. They represent value, a great location,outstanding sq. footage with the privacy of a private home, and the luxury of a managed building for an easy lifestyle.
Our listing at 302 Atlantic Avenue, is truly the best deal in town asking $2,750,000. Please note the asking price is only $724.o0 per sq. foot, an amazing value in today’s market. This 4 BR 4.5 BA unit with approximately 3,800 sq. feet of living space, private pool, elevator, high ceilings, and fabulous intercoastal views is not to be missed. These units are perfect for walking the bike trail, are steps to the Beach, close to the Clubs, use of an Olympic size pool, and tennis court. Full time manager and handyman for easy living.
Please contact us for your private showing of 302 Atlantic Avenue. Don’t miss your opportunity to purchase in this fabulous development at a great price! Please preview all in-town townhomes listed for sale.
We look forward to serving all your real estate needs in the New Year. Please review all listed properties for sale on our outstanding web site www.LindaOlsson.com. and contact us to see properties of interest at your convenience.
With best wishes to you and yours for a Happy, Healthy New Year.
I am always on the search for new exciting listings in town, and I am delighted to share my newest listing with you… The Villas is one the most prestigious full service buildings in town…situated on Worth Avenue with outstanding lake views. Unit 4D is truly a special apartment… there are only 27 units in the building and they rarely become available, asking $4,495,000. Are you in need of a large apartment with approximately 5,000 sq. feet? It is possible that the unit next door could be purchased to create a double unit..this would be a once in a lifetime opportunity at The Villas.
In town waterfront condos in top buildings are almost impossible to find. A 5th floor unit was recently listed in the Dunster House on South Ocean Boulevard, with direct ocean views. Listed at $5.5 million, this 2,500 sq. foot unit was under contract in a week. A Breaker’s Row unit with ocean views and approx. 3,243 sq feet was recently sold at $12 million.
Interested in analyzing the Palm Beach In-town waterfront condo market in top building’s? Inventory is low… these are the best opportunities on the market today.
Please review our fabulous web site, www.LindaOlsson.com, to search all properties listed for sale in the Palm Beach MLS. It is truly the best informational site available, including quarterly market reports reviewing Palm Beach sales of in-town homes and condominiums, blogs reviewing sales and new trends, testimonials posted from satisfied customers, and information about most condo building’s in the area by searching the top tab “Palm Beach Real Estate”, you can review each building we reviewed.
Contact us today to set up an appointment to preview waterfront condos or any property that would best suit your needs.
We appreciate your business, and send you are best wishes for a Wonderful HolidaySeason!
We hope you are on your way to Palm Beach for Thanksgiving. When you are in town, take a drive to the North end to see what’s trending now…Everyone is buying new homes if they can find them, or buying land and building in the quiet North end! Inventory for new homes is low, and new construction sells…These North end new construction homes have sold this year…Click to view listing(s)
My new listing in the North end is 225 Arabian. A true classic… this charming home with lovely hard wood floors, fireplace and a traditional floor plan has great bones. Renovate or build new. Fabulous location…walk to the best beach in town! Land is impossible to find, and this is truly the best opportunity in the North end.
Speaking of new construction… did you see the fabulous home which was just completed at the corner of North Ocean Blvd. and Arabian Road? This magnificent two story traditional home was just completed with over 8,000 sq. feet on the former mayor’s land, and is just a few homes away from my newest listing…225 Arabian, which is situated on a 86 x 130 foot lot, in a great neighborhood.
These are other homes currently for sale in the immediate surrounding area. Open the “Map” portion on this link, and you will note this North End neighborhood is truly on the move, and the time to buy is now. Click to view listing(s)
Please contact us today for a showing of 225 Arabian, it is priced to sell!
We look forward to hearing from you.
With best wishes to you and yours for a very Happy Thanksgiving,
We are delighted to share our 3rd Quarter of 2015 Market Report reviewing sales shown on the Palm Beach Multiple Listing Service of Palm Beach Homes and Condominiums with you. Below please find a short summary of the current market, this report may not reflect all sales, as some sales are done privately, and therefore this report is subject to errors and omissions. To preview the full report, please click here.
We know you enjoy analyzing the market…we post all quarterly reports on our web site at www.LindaOlsson.com.
North End… Wells Road and North…Area 1:
13 homes SOLD – average price: $5,946,999 – average per sq.ft. $984
Highest priced per sq.ft. 430 N. Lake Way – $2,051
Lowest priced per sq.ft. 204 Jamaica Lane – $520
In-Town…Worth Avenue to Wells Road…Area 2:
11 homes SOLD – average price: $3,763,117 – average per sq.ft. $791
Highest priced per sq.ft. – 15 S. Lake Trail- $1,214
Lowest priced per sq.ft. – 257 Park Avenue – $478
Estate Section…Worth Avenue to Sloans Curve…Area 3:
2 homes SOLD – average price: $10,962,500 – average per sq.ft. $1459
Highest priced per sq.ft. – 650 Island Dr. – $1,792
Lowest priced per sq.ft. – 608 Island Dr. – $1,126
33 SOLD in 3rd Quarter of 2015 in Area 1,2,3
Average price: $1,361,022 $767/sq/ft.
Highest per sq.ft. – 300 Seminole Avenue #4B – $1,723/sq.ft.
Interested in buying or selling a Palm Beach home or condominium, please contact us at your convenience.