Palm Beach Real Estate – First Quarter 2017 Market Report

April 14, 2017 by · Leave a Comment 

Dear Clients, Colleagues, Friends, and Family;

This Season has flown by with a flurry of real estate deals, it is difficult to believe we are now celebrating Passover and Holy week…we are all blessed to be enjoying the Holidays with glorious weather in Palm Beach.

The market has been strong with buyers searching for quality inventory, with a preference for high-quality renovations of well-located homes and condos, or new construction. We believe in providing current market data to our customers, which is provided on our fabulous web site: LindaOlsson.com. Click to preview full quarterly market reports, review all listed properties, read our blog, and testimonials from satisfied customers.

We are proud to present our First Quarter Market Report with you; click here to preview the full report. According to the Multiple Listing Service…This is the summary of the Palm Beach sales in the First Quarter in the designated areas:

Area 1: (Inlet Drive to Wells Road) 14 homes SOLD
Average price: $8,256,598 – Average per sq.ft. $1,173
Highest priced per sq.ft. 149 E. Inlet Drive – $3,309
Lowest priced per sq.ft. 223 Orange Grove Road – $596

Area 2: (Wells Road to Worth Avenue) 7 homes SOLD
Average price: $3,503,428 – Average per sq.ft. $934
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) 2 homes SOLD
Average price: $46,150,000 – Average per sq.ft. $2,926
Highest priced per sq.ft. – 1290 S. Ocean Blvd. $4,756
Lowest priced per sq.ft. – 146 Gulfstream Road $1,097

Area 2: CONDOS (Worth Avenue to Wells Road) 46 condos SOLD
Average price: $1,115,524 – $582/sq/ft.
Highest per sq. ft. – 2 N. Breakers Row #S44 – $4,121/sq.ft.

Representing buyers and sellers of Palm Beach’s Finest Residences for over 26 years… you can profit from Linda’s knowledge, expertise and expect concierge quality service. We utilize our experience, resources, and global connections to unite extraordinary people with extraordinary properties.

Thank you for a wonderful Season, we look forward to continuing to serve all your real estate needs 24/7 throughout the year.

With Best Wishes to You and Yours for a lovely Easter Weekend.

Sincerely,

LINDA R. OLSSON
PRESIDENT/BROKER

Palm Beach Real Estate…New Waterfront Listing; One Watermark

March 3, 2017 by · Leave a Comment 

Dear Clients, Colleagues, Friends and Family,

We are pleased to share our newest listing at the prestigious One Watermark Building with you.

Unit 302 is truly an elegant 4 bedroom 4.5 bath with wonderful waterfront terrace and outstanding intracoastal views from every room. Click here to preview

This unit is in impeccable condition with neutral tones throughout this luxurious living space with gorgeous hardwood floors, large open kitchen with family room, and private office. Truly the best One Watermark has to offer! Asking $4,395,000. Please contact us for your private showing… we are sure you would enjoy the fabulous lifestyle One Watermark has to offer.

We are proud to announce we listed and closed One Watermark; Unit 1201 … at close to the asking price of $4,995,000, which sets the record sales price per sq. foot in the building in 2016.

Are you thinking of buying or selling in Palm Beach? Recognized by the Wall Street Journal as one of America’s Best Realtors, Ranked 26 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 web site www.LindaOlsson.com.

Our customer’s are important to us…thanks to you, your referrals of friends and family, and your excellent Testimonials our firm is a leader among Palm Beach real estate firms, and considered one of the best in Palm Beach.

We appreciate your business and look forward to hearing from you.

Palm Beach Real Estate… In-Town.. 400 South Ocean.. Direct Oceanfront Building

February 14, 2017 by · Leave a Comment 

Dear Clients, Colleagues, Friends and Family,

We are proud to announce we listed and closed Unit 210 at the prestigious 400 Building…. at close to the asking price of $2,795,000 within 36 days of our listing; which sets the record sales price for a two story second floor oceanfront unit in the building. Please review our Fourth Quarter market report; which shows the “net price” of this sale, not the contract price. Also please note that only one oceanfront unit at Breakers Row closed at a higher per sq. price of $2,250; closing at $6,798,000. Interested in the 400 Building? Two units are available: a unique two story four bedroom unit; and direct oceanfront unit… both renovated. Click here to preview.

Are you thinking about buying or selling in Palm Beach? We get results! Choosing a firm with the commitment and dedication to represent your best interests makes all the difference. 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.

Recognized by the Wall Street Journal as one of America’s Best Realtors, Ranked 26 in the State of Florida for sales volume, let our expertise work for you.

Whether you are buying or selling… Contact us for Experience you can TRUST!

Sincerely,

LINDA R. OLSSON
PRESIDENT/BROKER

Palm Beach Real Estate…The Villas, Situated on Worth Avenue

February 3, 2017 by · Leave a Comment 

Palm Beach Real Estate…The Villas, Situated on Worth Avenue:

Dear Clients, Colleagues, Friends, and Family,

We are proud to announce we listed and closed Unit 4C at The Villas…closed at close to the asking price of $5,495,000. With approximately 2,500 sq. feet of luxurious living space, this unit sold at a record price per sq. foot. Please review our

Fourth Quarter market report, and note that only one oceanfront unit at Breakers Row closed at a higher per sq. price of $2,250; closing at $6,798,000. Are you interested buying a unit at the Villas?

Click here to preview a lovely 3 bedroom unit

We would be pleased to help you search for a perfect home or condominium. Please preview all listed properties on our fabulous web site LindaOlsson.com. Call us to discuss your criteria… we will e-mail properties for your consideration, and schedule showings at your convenience.

Recognized by the Wall Street Journal as one of America’s Best Realtors, Ranked 26 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 web site.

Whether you are buying or selling… Contact us for Experience you can TRUST!

Sincerely,

LINDA R. OLSSON
PRESIDENT/BROKER

Palm Beach Real Estate… Fourth Quarter Market Report 2016

January 12, 2017 by · Leave a Comment 

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.

Sincerely,

LINDA R. OLSSON
PRESIDENT/BROKER

Next Page »