Summer in Palm Beach is steaming along on all fronts–the hot and steamy weather with typical rainy afternoons just in time to ruin a perfectly good golf game, and the hot and steamy Palm Beach real estate market …with today’s prices surpassing those not seen since before the recession of 2008!
I have a fabulous estate opportunity to bring to your attention. A superior location and largelot (100 x 195) is available for purchase. My client, the trustee of her mother’s estate, requests all bids on the property by August 8th, expecting minimum bids of $5 million. If you have any interest in this opportunity, please contact me.
I am pleased to provide you with our second quarter market report for sales of in-town Palm Beach homes and condominiums.
It is interesting to note, according to statistics provided by the Palm Beach Board of Realtors comparing June 2013 to June 2014… the average home list price in June 2014 was increased by 9.3% and the average home sales price increased by 4%. Properties are also spending less time on the market… last June the average time was 204 days, this June shows 179 days, which is a decrease of 12%.
Ready to buy or sell? Contact us for experience you can trust. 561-820-9195
We look forward to servicing all of your real estate needs, and send our best wishes for a great summer!
Palm Beach Real Estate…We service all the Palm Beaches.. Another listed and Sold at BallenIsles Country Club…
It has been a pleasure servicing all your real estate needs over the years, and we want you to know how important you are to us. We appreciate your business.
Many times customers inquire if I handle sales in other areas outside “Palm Beach”… the resonating answer is YES! We recently listed and sold within 2 months this fabulous custom golf course home in Ballen Isles, which closed July 14th… asking price: $1,790,000.
We sold a fabulous new construction home in Gulfstream at 1222 North Ocean Blvd, asking price of $5,495,000, which closed last month. We have listed and sold several homes on Flagler Drive in West Palm Beach. We work all the golf course communities in the area, and listed and sold a custom estate home at The Bear’s Club in Jupiter. Listing and selling luxury homes in Palm Beach County, including Jupiter Island, Palm Beach, West Palm Beach, Manalapan, and Gulfstream… we have sold golf course community homes in Boca Raton too!
If you are looking to buy or sell in Palm Beach or the surrounding area, please contact us… we want to help you find your dream home. Remember, we are members of the Palm Beach Multiple listing service, as well as the Regional Multiple listing service, which brings all listed homes and condos to e-mail to you to preview from Jupiter Island south to Miami Beach and Fischer Island. Review all listed properties on our fabulous web site at www.LindaOlsson.com.
We look forward to hearing from you.
With best wishes to you and yours for great summer…
I am thrilled to share our newest listing at 400 South Ocean Blvd., Palm Beach, which was officially listed this week at $5,498,000 and immediately put under contract with a closing set for August 1st. This fabulous north exposure double unit is truly a unique unit boasting 4 bedrooms 4.5 baths and ocean views. Located in the center of town within walking distance to The Breakers and Worth Avenue!
The 400 Building is steaming hot… I sold unit 208 in April for $1,900,000, which is a direct oceanfront unit…the buyer is combining it with the adjacent unit to create a fabulous double direct oceanfront unit. Over the past year, 7 units sold in the building, three of which were sold by Linda R. Olsson, Inc.
As you know, the Palm Beach market is strong, inventory is low, and in-town oceanfront condos are truly a rare commodity. We recently listed and sold the following units. We are looking for new listings, and would love to list, market and sell your unit for you.
Winthrop House… unit 412, asking; $2,795,000;
Lowell House penthouse… PH2, asking $ 2,949,500;
300 Building… unit 4C, asking $2,995,000;
400 Building… unit 208, asking $1,995,000;
400 Building… unit 205/206, asking $5,998,000;
Sun & Surf…unit 403, asking $1,999,000.
Are you looking to buy or sell a condo or home in Palm Beach? Contact us for experience you can trust. Servicing all your real estate needs 24/7, please contact us at your convenience …we look forward to hearing from you.
We are celebrating our 25th year in Palm Beach Representing Palm Beach’s Finest Residences from Pieds-a-Terre to Oceanfront Estates. Please preview all listed Palm Beach Properties for sale on our fabulous web site www.LindaOlsson.com.
We are thankful to you for your business and loyalty to us, and to this great country that makes it all possible.
With best wishes to you and yours for a Happy 4th of July–Happy Independence Day U.S.A….
Palm Beach oceanfront sales continue to be strong, with savvy investors buying Palm Beach luxury real estate as a great asset play hedging against inflation. In the event you missed your Shiny Sheet this past Sunday, Jon Stryker, the Billionaire philanthropist, sold his home for $42.9 million.
Looking for a Palm Beach Oceanfront estate? Please take a moment of your time to review these Palm Beach oceanfront opportunities…ranging from $8.7 million to $99 million. If your in the market for an oceanfront property, now may be the time to buy…as this Season’s high end sales confirm… prices continue to climb.
Speaking of Oceanfront Estates… this stunning direct oceanfront estate on 300 feet of oceanfront in Sailfish Point, is truly the best of the best! Situated in exclusive Sailfish Point … Gorgeous Views, Pristine Private Beaches and Activities for Everyone…Features include, a 77-slip yacht club and marina, fishing and water activities, Nicklaus Signature golf, tennis, fitness, spa, personal privacy and security. Sailfish Point combines all this with the opportunity to live in one of the world’s most naturally beautiful settings…
Interested in previewing oceanfront properties? Please contact us at your convenience.
Thank you for your time and consideration. We appreciate your business, and look forward to hearing from you.
With best wishes to you and yours for a fabulous summer!
With everyone packing up just after Easter and leaving prior to the closing of the North Bridge you may have missed the Palm Beach Daily News “Season in Review”, which is a must read! Sales have been brisk this Season, particularly high end homes over $10 million, and interestingly enough, many of the homes are Landmarked. According to the Palm Beach Daily News, 6 homes received Landmark status this Season.
These properties are under contract, confirming the market is hot!
Palm Beach Estate Section Homes Under Contract: Click to view listing(s)
Palm Beach In-town Homes Under Contract: Click to view listing(s)
North End Homes Under Contract: Click to view listing(s)
In-town Condos Under Contract: Click to view listing(s)
The market is strong, inventory is low, however, there are some fabulous homes and condominiums available for purchase. If you are interested in reviewing Palm Beach Homes and condominiums, please review all listed properties on our fabulous web site www.LindaOlsson.com.
If you are interested in buying, selling, or leasing in Palm Beach…contact us for experience you can trust!
We hope you had a lovely Memorial Day weekend.