Condo sales in Palm Beach County continued sliding in June. Total sales, dollar volume, price per square foot and median sale price tumbled.
June condo sales totaled $309 million, falling from $439 million in May. Brokers closed 590 sales last month, down from 779 sales in May and 838 in April, Multiple Listing Service data from Redfin show.
June sale prices ranged from $20,000 to $9 million, with a median sale price of $277,000. The price per square foot ranged from $14 to $3,573, with a median of $243 per square foot.
In May, sales closed with a median price of $290,000, and $247 per square foot.
A $9 million closing at Palm Beach Hampton was the priciest sale last month. Unit 501s at 3100 South Ocean Boulevard in Palm Beach sold for $1,802 per square foot after 185 days on the market. Candace and Phillip Friis with Corcoran had the listing, and Kourtney Pulitzer with Sotheby’s International Realty represented the buyer. The property was originally listed for $10.4 million.
The sale price was less than May’s priciest sale. Unit 602 at 1100 South Flagler Drive sold for $12 million, or $2,786 per square foot, after 164 days on the market.
Unit H at Stratford at Hunters Run, at 48 Stratford Lane in Boynton Beach, took the title of June’s cheapest sale, at $20,000 — or $14 per square foot — after 320 days on the market. It was originally listed for $90,000. Jonathan Goldman with Compass Florida represented both sides of the deal.
Here’s a breakdown of June’s notable condo sales:
Most Expensive
Palm Beach Hampton, 3100 South Ocean Boulevard, Unit 501s, in Palm Beach | Price $9,000,000 | $1,802 psf | Year built: 1985 | Listing agents: Candace and Phillip Friis with Corcoran | Buyer’s agent: Kourtney Pulitzer with Sotheby’s International Realty
Least Expensive
Stratford at Hunters Run, 48 Stratford Lane, Unit H, in Boynton Beach | Price $20,000 | $14 psf | Year built: 1981 | Listing agent: Jonathan Goldman with Compass Florida | Buyer’s agent: Jonathan Goldman with Compass Florida
Highest Price Per Square Foot
Sun And Surf One Hundred And Thirty, 100 Sunrise Avenue, Unit 201, in Palm Beach | Price $5,939,125 | $3,573 psf | Year built: 1977 | Listing agent: Christian Angle with Christian Angle Real Estate | Buyer’s agent: John Rooney with Douglas Elliman (Palm Beach)
Lowest Price Per Square Foot
Stratford at Hunters Run, 48 Stratford Lane, Unit H, in Boynton Beach | Price $20,000 | $14 psf | Year built: 1981 | Listing agent: Jonathan Goldman with Compass Florida | Buyer’s agent: Jonathan Goldman with Compass Florida
Newest
Boca Beach Residences, 725 South Ocean Boulevard, Unit PH-7, in Boca Raton | Price $6,300,000 | $1,625 psf | Year built: 2023 | Listing agent: Lisa Fabel with Lang Realty
Oldest
Palm Beach Towers, 44 Cocoanut Row, Unit 321a, in Palm Beach | Price $1,800,000 | $1,110 psf | Year built: 1956 | Listing agent: Troy Tozlosky with Corcoran | Buyer’s agent: Brie Segota with Coffee Cake And Real Estate
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