Market Report Q1 2024

IN-TOWN CONDOS 2022 vs. 2023 Palm Beach

RECENT PALM BEACH SINGLE FAMILY HOME SALES

LOT PPSF $754

SALES PRICE $29,250,000 $21,800,000 $15,900,000 $13,900,000 $13,500,000 $13,490,000 $12,900,000 $12,700,000 $11,200,000 $10,400,000 $10,250,000 $10,200,000 $8,747,800 $8,500,000 $8,350,000 $7,650,000 $6,500,000 $5,750,000 $5,100,000

ADDRESS

WATERFRONT - - - - - - - - - - - - - - - - - - -

TOTAL SQ FT 13,165

PPSF $2,222 $2,214 $3,764 $2,195 $3,054 $2,473 $2,971 $2,761 $2,301 $3,932 - $2,043 $1,655 - $1,785 $2,648 - $1,984 $1,357

LOT SQ FT 38,768 17,424 6,970 17,860 7,405 11,326

120 Via Del Lago

$1,251 $2,281 $778 $1,823 $1,823 $1,392 $1,485 $571 $1,705 $582 $901 $625 $750 $507 $836 $667 $1,152 $775

9,847 4,224 6,333 4,420 5,455 4,678 4,600 4,868 2,645 - 4,992 5,285 - 4,677 2,889 - 2,898 3,757

1080 S Ocean Blvd

449 Australian Ave

CONDOS $1M & UP

272 Via Marila

% Change Year over Year

2023 Q1*

2024 Q1

230 Atlantic Ave

Total No. of Sales Sales Volume Med Sale Price Avg Sale Price

21 $72,543,900 $3,200,000 $3,640,462 98 $2,308 0 $7,400,000 $1,260,000

24 $81,432,000 $2,962,500 $3,393,000 151 $2,145 7 $11,930,000 $1,275,000

+14.29% +12.25% -7.42% -6.80% +54.08% -7.06%

244 Fairview Rd

9,984 8,550 19,602 6,098 17,625 11,326 13,996 11,326 16,474

154 Atlantic Ave

424 Brazilian Ave

Avg DOM Avg PPSF Off Market Highest Sold Lowest Sold

264 Dunbar Rd

215 Seaspray Ave

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620 N Lake Way

310 Plantation Rd

1436 N Ocean Way

*Q1 2023 Sales Volume, Med Sale Price, Avg Sale Price, Avg PPSF and Highest Sold not considering outliers $21,000,000 sale at The Bristol, 1100 S Flagler Dr. Unit 1901 and $11,165,675 sale at The Bristol, 1100 S Flagler Dr. Unit 1702.

220 Arabian Rd

RECENT IN-TOWN CONDO SALES

216 Via Marila

BUILDING

SALES PRICE $11,930,000 $5,600,000 $5,167,000 $4,910,000 $4,450,000 $3,975,000 $3,850,000 $3,300,000 $3,300,000 $3,250,000 $3,250,000 $3,050,000 $2,875,000 $2,875,000 $2,875,000 $2,875,000 $2,050,000 $1,950,000 $1,950,000 $1,850,000 $1,825,000 $1,600,000 $1,400,000 $1,275,000

ADDRESS

TOTAL SQ FT 3,710 2,071 2,042 1,915 2,064 2,094 1,325 1,540 1,996 1,215 1,440 1,215 1,580 1,287 1,580 1,287 1,360

PPDF $3,216 $2,704 $2,530 $2,564 $2,156 $1,898 $2,906 $2,143 $1,653 $2,675 $2,257 $2,510 $1,820 $2,234 $1,820 $2,234 $1,507 $2,330 $2,712 $1,859 $1,113 $1,616 $1,607 $1,417

9,148 9,744 4,992 6,577

130 Seaspray Ave

Kirkland House

101 Worth Ave, Unit 3A

206 Caribbean Rd

One Royal Palm

100 Royal Palm Way, Unit C3

141 Atlantic Ave

Three Hundred Ocean Blvd Apt Inc

300 S Ocean Blvd, Unit 2D

225 S County Rd

Palm Beach Biltmore

150 Bradley Pl, Unit 904

Southlake Condominium

315 S Lake Dr, Unit 2D

Southlake Condominium

315 S Lake Dr, Unit 2F

Three Fifty

350 S Ocean Blvd, Unit 203

330 Cocoanut Row

330 Cocoanut Row, Unit 31

330 Building

330 S Ocean Blvd, Unit 45

PB Towers

44 Cocoanut Row, Unit 212A

Chalet by Ocean

127 Peruvian Ave, Unit 301

Island House

354 Chilean Ave, Unit 6A

Sun and Surf

130 Sunrise Ave, Unit 611

Melborne House

227 Australian Ave, Unit 53

Sun and Surf

130 Sunrise Ave, Unit R611

Melborne House

227 Australian Ave, Unit 53

Sun and Surf

100 Sunrise Ave, Unit 418

837 719 995 1,640

Casa 214

214 Chilean Ave, Unit K

Casa 214

214 Chilean Ave, Unit 11

Island Villas

225 Everglade Ave, Unit 50

Palm Beach Towers

44 Cocoanut Row, Unit 122B

990 871 900

Ocean Towers South

139 Sunrise Ave, Unit 104

Lake Towers

250 Bradley Pl, Unit 503

Palm Beach Towers

44 Cocoanut Row, Unit 606A

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