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What price point of homes are selling in Palm Beach?

By Jeff Lichtenstein

What price point of homes are selling in Palm Beach?

BIG is BACK! All price points are selling, but what has jettisoned up the most in the past 12 months is the $10 million plus sale. The super luxury Palm Beach estates went from 3 transactions to 8! $15 million to $19.9 million increased 60% from 3 to 5. $10 million to $14.9 million increased from 5 to 8 sales. Overall total sales dipped slightly from 156 to 149, but the monster mansions are selling again.

Recent sales prices of single-family homes           Jan-Sept 2013                   Jan-Sept 2014

$20 million +                                                                                                  3                                           8

$15 million to $19.9 million                                                                     3                                           5

$10 million to $14.9 million                                                                     5                                           8

$5 million to $9.9 million                                                                       33                                         25

$2.5 million to $4.9 million                                                                   36                                         47

Less than $2.5 million                                                                              76                                         56

Total Sales                                                                                                156                                      149

Posted in Palm Beach, Palm Beach homes, Palm Beach homes for sale on December 2, 2014 at 6:43 am.


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