Elliman Report: Palm Beach 3Q 2012

CONDO/TOWNHOUSE
Price indicators and sales activity continued to climb The number of sales jumped 45.5% to 64 units in the third quarter, from the prior year quarter. The year-to-date number of sales is at its second highest level in more than six years. Median sales price increased 3.3% to $390,000 from the prior year quarter, while average sales price and average price per square foot increased 6.5% and 27.7% respectively.

SINGLE FAMILY
Price indicators were mixed as sales slipped Median sales price increased 5.7% to $2,600,000 from the prior year quarter. Average sales price and average price per square foot dropped 16.4% and 15.1% over the same period. Arguably a small submarket that could be characterized as stable, the number of sales fell to 23 from 25 in the prior year quarter.

This Market Report is only available for Miller Samuel Insiders.

Log In or become a member to access this report.