Just Listed! $15,995,000, In-Town, 309 Chapel Hill Road, Palm Beach
Perfectly Located Stunning Gottfried Regency… Truly a Rare Find!
Dear Clients, Friends, Potential Buyers, and Sellers,
It’s officially summer, and the Heat Is On… All over the country! So many of you are excited to be in Nantucket, the Hamptons, and all over Europe enjoying this summer more than ever, as travel is peaking worldwide. Enjoy!
Palm Beach is quiet, however, our Second Quarter Market Report shows that… Palm Beach Real Estate is Sizzling with just under $500 million in sales for residential homes, condominiums, land, and townhomes in areas from the North End of the Island to Worth Avenue. According to the Palm Beach MLS, as of today one more residential home closed at 149 East Inlet Road on July 3, 2023, at $68,145,000: Click to view listing(s), and there are six (6) pending/under contract Homes from the North End to Worth Avenue: (Click to view listing(s), and eight (8) pending/under contract in-town Condominiums awaiting their closing dates: Click to view listing(s) We are delighted to have listed and put under contract 350 Seabreeze Avenue, Asking $7,950,000. This perfectly charming in-town home was a prime candidate for renovation. We had so much interest, but he, who hesitated, missed this opportunity!
2nd Qtr. 2023 Market Report update:
Area 1: (Inlet Drive to Wells Road) 9 homes SOLD –
Average price: $18,580,556 – Average per sq.ft. $2,545
Highest priced per sq.ft. 1350 N Lake Way – $3,875
Lowest priced per sq.ft. 151 Seagate Road – $1,745
Area 2: (Wells Road to Worth Ave.) 7homes SOLD –
Average price: $7,690,000 – Average per sq.ft. $2,199
Highest priced per sq.ft. 315 Seaspray Ave – $ 2,811
Lowest priced per sq.ft. 248 Park Ave – $1,643
Area 3: (Worth Avenue to Sloan’s Curve) 4 home SOLD –
Average price: $32,328,562 – Average per sq.ft. $3,894
Highest priced per sq.ft. 930 S Ocean Blvd – $5,240
Lowest priced per sq.ft. 125 Via Vizcaya – $2,142
Area 2: CONDOS (Worth Avenue to Wells Road) 18 condos SOLD
Average price: $5,496,111 – Average per sq.ft. $2,235
Highest priced per sq.ft. 130 Sunrise Ave PH8 – $3,433
Lowest priced per sq.ft. 170 Chilean Ave 5A – $905
We have so many other opportunities to share with you please preview all Palm Beach homes, condominiums and land for sale on our unrivaled website: LindaOlsson.com . As of today, the MLS shows sixty (60) Homes listed for sale in all three areas of town, (Area 1) North End, (Area 2) In-Town, and (Area 3) the Estate Section, and it shows a total of thirty three (33) Condominiums for sale in (Area 2) In-Town condominiums. We are here for you 24/7, contact us to discuss your criteria, let us know your goals, and we will locate the perfect Palm Beach home, condominium, or vacant land that suits your needs.