We are delighted to share our 2016 Fourth Quarter Market Report (October to December, 2016) with you.
Thanks to you, we have had another amazing year… in December alone we sold and/or put under contract:
120 Atlantic Avenue; asking $6,495,000,
The Villas Unit 4C; asking $5,495,000,
One Watermark Unit 1201; asking $4,995,000,
400 South Ocean Blvd. Unit 210; asking $2,795,000,
354 Chilean Ave. Unit 6F; asking $1,195,000.
According to the Palm Beach Multiple Listing Service:
Area 1: (Inlet Drive to Wells Road) 9 homes SOLD –
Average price: $7,707,348 – Average per sq.ft. $916
Highest priced per sq.ft. 400 Caribbean Road – $1,647
Lowest priced per sq.ft. 224 Manana Lane – $566
Area 2: (Wells Road to Worth Avenue) 6 homes SOLD –
Average price: $3,246,666 – Average per sq.ft. $774
Highest priced per sq.ft. – 346 Brazilian Avenue – $1,221
Lowest priced per sq.ft. – 263 Park Avenue – $458
Area 3:(Worth Avenue to Sloan’s Curve) 1 home SOLD –
Average price: $8,750,000 – Average per sq.ft. $1,312
Highest priced per sq.ft. –
Lowest priced per sq.ft. –
Area 2: CONDOS (Worth Avenue to Wells Road) 18 SOLD
Average price: $1,215,638 – $745/sq/ft.
Highest per sq. ft. – N. Breakers Row #N42 – $2,251/sq.ft.
(Information provided by the Palm Beach MLS service, deemed reliable but subject to errors and omissions. Private sales from tax reports are included in the report.)
Are you interesting in buying or selling a home or condominium in Palm Beach? Choosing a firm with the commit, confidentiality, and dedication to represent your best interests makes all the difference. Specializing in Palm Beach Luxury Properties for over 26 years; Ranked 26th in the State of Florida for sales volume by the Wall Street Journal…we welcome the opportunity to put our expertise to work for you.
Contact us for Experience you can Trust!
We look forward to seeing you soon. Thank you for your continued loyalty, friendship and business… it is truly our pleasure to service your real estate needs.
LINDA R. OLSSON
From Our Homes to Yours…
Palm Beach Real Estate update… Our Newest Listings:
Dear Clients, Colleagues, Friends, and Family,
We are proud to share our newest listings with you (please contact us for a private showing and click on the link to view the property):
400 S. Ocean Blvd. #210 — Direct Oceanfront, absolutely stunning 2 bedroom 2.5 baths; $2,795,000.
Sun & Surf #223 — Direct Oceanfront, gorgeous 4 bedroom 5 bath, with oceanfront cabana; $4,850,000.
Sun & Surf #514 — Renovated 2 bedroom, 2.5 bath, best value in the building; $949,000.
We listed and currently have under contract:
120 Atlantic Ave. — Ocean block, 5BR/5.5BA, with Oceanfront parcel; $6,495,000, closing 12/2016;
The Villas, Unit 4C — 3 bedroom, 3.5 bath with lovely lake views; $5,495,00, closing 12/2016;
One Watermark #1201 — Impeccable 4 bedroom 4.5 bath, amazing views; $4,995,000, closing 12/2016;
Brazilian Ave. — Represented the buyers in a private sale; $7,500,000, closing 01/2017.
Thinking of buying or selling in Palm Beach? The Palm Beach real estate market is strong…With the Season upon us, now is an excellent time to list, market, and sell. Choosing a firm with a commitment, confidentiality and dedication to represent your best interests makes all the difference. Recognized by the Wall Street Journal as one of America’s Best Realtors, Ranked 26th in the State of Florida for sales volume, let our expertise work for you. Specializing in Palm Beach Luxury Properties for Over 26 Years, we pride ourselves on Superior customer service, expert negotiating skills, and our fabulous website: LindaOlsson.com
We welcome the opportunity to meet with you to discuss your real estate needs. Contact Us for Experience you can TRUST!
With Best Wishes for a Happy, Healthy Holiday Season.
Dear Clients, Colleagues, Friends, and Family,
First and foremost, we give thanks to the dedicated men and women serving in U.S. military and all Veterans who have defended our country, and for those who have sacrificed their lives for all of us.
We are proud to announce the month of October was a busy one. We listed and sold four properties, which are closing soon… close to the asking prices.
120 Atlantic Avenue, asking $6,495,000 – Under Contract. Closing 12/1/16
The Villas #4C, asking $5,495,000 – Under Contract. Closing 1/23/17
The Island House #6F, asking $1,195,000 – Under Contract. Closing 12/23/16
Trump Plaza #22E, asking $1,200,000 – Closed in a week 11/09/16
Discerning buyers are searching for quality properties in excellent condition to move in this season. The listings below are new construction or totally renovated… truly lovely choices. Please click on the links below to preview photos and details, and contact us for your private showings:
One Watermark #1201 – $4,995,000
Sun & Surf #223 – $4,895,000
308 Cocoanut Row – $5,495,000
225 Plantation Road – $5,980,000
253 Jamaica Lane – $6,575,000
280 N. County Road – $11,400,000
534 Island Drive – $17,900,000
735 Island Drive – $28,000,000
If you are looking to buy or sell in Palm Beach, please contact us for experience you can trust!
We look forward to the opportunity to service all your real estate needs.