Palm Beach County’s condo sales slid last month, with total dollar volume and sales both dropping.
August condo sales totaled $233 million, falling from $301 million in July. Brokers closed 546 sales last month, down from 613 sales in July and 590 in June, Multiple Listing Service data from Redfin show.
August sale prices ranged from $60,000 to $5.8 million, with a median sale price of $260,000. The price per square foot ranged from $67 to $2,130, with a median of $226 per square foot.
In July, sales closed with a median price of $265,000, and $238 per square foot.
La Clara Unit 2201, at 200 Arkona Court in West Palm Beach, closed for the highest amount in August at $5.8 million. The sale comes to $1,837 per square foot after 318 days on the market. Carol Sollak with Engel & Völkers Wellington handled both sides of the deal.
The sale price was less than July’s priciest sale. Unit 206N at the Halcyon of Palm Beach closed for $7.8 million.
In contrast, unit 101 at Lake Clarke Gardens, at 2811 South Garden Drive in Lake Worth, closed for the lowest amount at $60,000, or $67 per square foot. Julia Shust with Robert Slack handled both sides of the deal. The sale closed after 68 days on the market.
Here’s a breakdown of August’s notable condo sales:
Most Expensive
La Clara, 200 Arkona Court, unit 2201, in West Palm Beach | Price $5,800,000 | $1,837 psf | Year built: 2023 | Listing agent: Carol Sollak with Engel & Völkers Wellington | Buyer’s agent: Carol Sollak with Engel & Völkers Wellington
Least Expensive
Lake Clarke Gardens, 2811 South Garden Drive, unit 101, in Lake Worth | Price $60,000 | $67 psf | Year built: 1971 | Listing agent: Julia Shust with Robert Slack LLC | Buyer’s agents: Julia Shust with Robert Slack LLC
Highest Price Per Square Foot
Marsh Harbour, 1940 Freeport Lane, unit 50, in Riviera Beach | Price $1,821,000 | $2,130 psf | Year built: 2006 | Listing agent: Refik Kalyoncu with Lara Real Estate Group | Buyer’s agent: Brenda White with Atlantic Florida Properties
Lowest Price Per Square Foot
Lake Clarke Gardens, 2811 South Garden Drive, unit 101, in Lake Worth | Price $60,000 | $67 psf | Year built: 1971 | Listing agent: Julia Shust with Robert Slack LLC | Buyer’s agents: Julia Shust with Robert Slack LLC
Newest
Palm Beach Shores, 2323 Lake Drive, unit 301, in Riviera Beach | Price $3,850,000 | $1,427 psf | Year built: 2024 | Listing agents: Kevin Spina with The Keyes Company (PBG) and Meike MacGregor with Compass Florida | Buyer’s agent: Zachary Mansfield with Douglas Elliman (Jupiter)
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Oldest
Capri Co-op, 5700 Old Ocean Boulevard, unit R, in Ocean Ridge | Price $410,000 | $531 psf | Year built: 1957 | Listing agents: Michael and Julie D’Addio with D’Addio Realty | Buyer’s agent: Robert Sauer with South Florida Realty Group & Property Management