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Palm Beach County lands $67M weekly condo sales, led by $6M Breakers unit

Average price and price psf rose from previous week

Palm Beach County Closed $67M in Condo Sales Last Week
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Palm Beach County’s condo sales and dollar volume fell last week, despite a higher average sale price and price per square foot. 

Brokers closed 97 condo sales totaling $69.6 million from May 4 to May 11. The previous week, brokers closed 194 condo sales totaling $96 million.

Last week’s units sold for an average of $717,106, higher than the $494,991 average price from the previous week. The average price per square foot rose to $391 from $333, according to data from Redfin.

For the top 10 sales, prices ranged from $2.2 million to $6 million. 

Unit S-T1 at Breakers Row, at 2 North Breakers Row in Palm Beach, took the top spot with a $6 million closing. The sale closed at $1,850 per square foot after 766 days on market.

Laura Semler with Brown Harris Stevens had the listing, and Christian Angle with Christian Angle Real Estate brought the buyer.

PH-Ocean at Cliveden Jupiter Island, at 425 Beach Road in Tequesta, closed for the second highest amount, $4.1 million, or $1,491 per square foot after 102 days on market.

John Holland and Emily Sullivan with Holland Group Real Estate had the listing. Traci Chivers with Premier Properties of South Florida represented the buyer.

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Here’s a breakdown of the top 10 sales from May 4 to May 11:

Most Expensive

Breakers Row, 2 North Breakers Row, unit S-T1, in Palm Beach | Price: $6,000,000 | $1,850 psf | Listing agent: Laura Semler with Brown Harris Stevens | Buyer’s agent: Christian Angle with Christian Angle Real Estate

Least Expensive

Carriage Homes at Frenchman’s Harbor, 13633 Treasure Cove Circle, in North Palm Beach | Price: $2,200,000 | $882 psf | Listing agents: James Edwards and Patricia Mahaney with Sotheby’s International Realty | Buyer’s agent: Patrick Kelly with Coastal Realty Group

Highest Price Per Square Foot

Breakers Row, 2 North Breakers Row, unit S-T1, in Palm Beach | Price: $6,000,000 | $1,850 psf | Listing agent: Laura Semler with Brown Harris Stevens | Buyer’s agent: Christian Angle with Christian Angle Real Estate

Lowest Price Per Square Foot

Carriage Homes at Frenchman’s Harbor, 13633 Treasure Cove Circle, in North Palm Beach | Price: $2,200,000 | $882 psf | Listing agents: James Edwards and Patricia Mahaney with Sotheby’s International Realty | Buyer’s agent: Patrick Kelly with Coastal Realty Group

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