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Palm Beach Real Estate 1st Quarter 2016 Market Report

Dear Clients, Colleages, Friends and Family,
We are pleased to share our First Quarter Market Report with you showing all sales of Palm Beach properties from Inlet Drive to through the Estate Section, including In-town condominiums. 
Below please find the Summary of the Palm Beach Homes and Condominiums sold from January 1 to March 31, 2016.. in the specified areas. Please click on this link to view the full market report.  1st Quarter Report 2016

Area 1: (Inlet Drive to Wells Road) 17 homes SOLD –
Average price: $8,097,368 – Average per sq.ft. $1,061
Highest priced per sq.ft. 14030 N. Ocean Blvd. – $2,127
Lowest priced per sq.ft. 225 Bahama Lane – $734

Area 2: (Wells Road to Worth Avenue) 8 homes SOLD –
Average price: $3,698,437 – Average per sq.ft. $892
Highest priced per sq.ft. – 180 Barton Avenue – $1,563
Lowest priced per sq.ft. – 259 Everglade Avenue – $489

Area 3:(Worth Avenue to Sloan’s Curve) 5 homes SOLD –
Average price: $11,639,745 – Average per sq.ft. $1,295
Highest priced per sq.ft. – 720 S. Ocean Blvd. – $1,679
Lowest priced per sq.ft. – 247 Jungle Road – $1,017

CONDOS – 26 SOLD in 1st Quarter of 2016
Area 2: (Worth Avenue to Wells Road) –

Average price: $979,250 $677/sq/ft.
Highest per sq. ft. – 150 Bradley Place #412 – $1,322/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.

We appreciate working with you.  Please contact us for all your real estate needs… we are here for you 24/7.  Preview all properties listed for sale on our unrivaled website LindaOlsson.com, review our blogs, and testimonials too.  We look forward to hearing from you.
With best wishes for good health, and happiness always!
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