Luxury Market Report Palm Beach
☘ Having earned many top Real Estate industry respected Certifications and Designations through additional education and production requirements, Barry is also a CLHMS™ (Certified Luxury Home Marketing Specialist), Click Here to see how we can better help and serve you with higher end properties in the Luxury Home Market ☘
Recent ILHM Luxury Market Report / updates for Palm Beach, Beach Towns; Palm Beach County; Southeast Florida
The Luxury Benchmark Price for Single Family Homes in Palm Beach is currently: $780,000
The Luxury Benchmark Price for Condos (attached homes) in Palm Beach is currently: $720,000
Please ask us for copy of the full 5 page report for Palm Beach, Beach Towns, Palm Beach County, and for other cities / market areas where you may have an interest. Below are the summaries for Palm Beach; Southeast Florida.
PALM BEACH MARKET SUMMARY for SINGLE-FAMILY HOMES; April 2020
• The Palm Beach single-family luxury market is a Buyer's Market with an 8% Sales Ratio.
• Homes sold for a median of 91.88% of list price in March 2020.
• The most active price band is $780,000-$899,999, where the sales ratio is 21%.
• The median luxury sales price for single-family homes has decreased to $1,725,000.
• The median days on market for March 2020 was 94 days, down from 219 in February 2020.
PALM BEACH MARKET SUMMARY for ATTACHED HOMES (CONDOS), April 2020
• The Palm Beach attached luxury market is a Buyer's Market with a 10% Sales Ratio.
• Homes sold for a median of 91.11% of list price in March 2020.
• The most active price band is $800,000-$899,999, where the sales ratio is 26%.
• The median luxury sales price for attached homes has decreased to $1,250,000.
• The median days on market for March 2020 was 86 days, down from 88 in February 2020.
As a Member of The Institute for Luxury Home Marketing and CLHMS we have many additional tools to help Higher End Sellers and Buyers; in any location / marketplace.
The Institute's Luxury Market Report is your guide to luxury real estate data and trends for North America. Produced monthly, this report provides an in-depth look at the top residential markets across the United States and Canada. As an active member of The Institute, we receive exclusive access to a deep-dive report with analysis on all of the included markets.
Barry is a member of the eXp Realty Luxury Collection; for eXp Agents who Specialize in the Luxury Market.
(eXp Realty Luxury Collection agents serve the luxury community in acquiring and selling high-value residential homes and estates. Every eXp Realty Luxury Collection agent is a member of the Institute for Luxury Home Marketing and has successfully closed multiple luxury transactions and/or has earned the Certified Luxury Home Marketing Specialist designation.)
text: PALM BEACH LUXURY SINGLE FAMILY to: 239-360-5527 ☘ for a list of Availble Luxury Single Family Homes
text: PALM BEACH LUXURY CONDO to: 239-360-5527 ☘ for a list of Availble Luxury Condos
Also; please check out our other Custom Pages; Blogs, and tabs to many other informational Updates, Reports, Tools, and Links that we have here on our informational website. ☘
"We hope that you find the information useful. If you have any questions, please do not hesitiate to contact Barry & Kim with the Hoey Team ☘ email us at: Barry@SWFLLuxury.Com or KimZuponcic@Gmail.com or Call/Text the Hoey Team ☘ at: (239)-360-5527
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