CONDO/TOWNHOUSE
Median sales price
jumped 23.9% from the same quarter last
year to $588,750. Average sales price and
average price per square foot edged 5.8%
and 1.3% respectively over the same period.
Number of sales jumped 56.1% year-overyear
to 64 sales, but remained unchanged
from the prior quarter.
SINGLE FAMILY
Although this market segment represents
a narrow submarket of Palm Beach, the
number of sales nearly doubled from prior
year levels, reaching 26. All price indicators
showed double-digit year-over-year gains;
median sales price increased 13% to
$2,775,000 over the period, while average
sales price and average price per square
foot showed larger gains, rising 32% and
26.1% respectively.