The Real Deal Miami

Monthly PBC condominium sales top 1,000 for first time in five years

June 01, 2010 12:00PM

The Edge condo in downtown West Palm Beach

There were more than 1,000 condo sales in Palm Beach County in May, the
first time the number of sales has been that high in five years. Sales
of condos increased 39 percent over the same period in 2009, rising to
1,024, according to a report by Florida Realtors. Buyers include a
large number of Canadians, along with snowbirds, investors and parents
of Palm Beach Atlantic University students. “I feel like the mindset is
changing,” said Brian Saver, broker-owner of Palm Beach Condo Company.
Saver’s firm sold nine units in the Edge condo in downtown West Palm
Beach in May. [Palm Beach Post]