The Flow Palm Beach Q1-2019

Page 1

F

1 Q AREA 3

4

19

21

SINGLE FAMILY & TOWNHOMES

5

- 20

CONDOS

9

1 Q

40

AM

2

AVERAGE PRICE

E SALES HOM BY ILY A

SING LE

ROPERTY TYP E-

A RE

ES

P BY

01

MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM

SA L

THE POHRER PORTFOL I O

10

AREA 2

AREA 1

Per Square Foot

Q1-2019 & CURRENT ACTIVES Area 1 Q1-2019 Solds

$1,047

Area 1 Q1-2019 Actives

$1,363

Area 2 Q1-2019 Solds

$1,134

Area 2 Q1-2019 Actives

$1,201

Area 3 Q1-2019 Solds

$1,265

Area 3 Q1-2019 Actives

$1,900

Area 1: Wells Road & North Area 2: Worth Avenue North to Wells Road Area 3: South of Worth Avenue to Sloan’s Curve

PALM BEACH

THE FLOW

Q1 - 2019

BROUGHT TO YOU BY GARY POHRER 1071 N OCEAN BLVD $59,900,000

Single Family & Townhome Activity Wells Rd & North (Area 1)

1071 North Ocean Boulevard | $59,900,000

JUST SOLD

341 Garden Road | $7,495,000

200 Esplanade Way | Exclusive Offering: $4,950,000

Contact us today for a private and no obligation review of your property’s value.

GARY POHRER Senior Director of Luxury Sales M: 561.262.0856 | gary.pohrer@elliman.com

elliman.com/florida

1111 LINCOLN RD, MIAMI BEACH, FL 33139. 305.695.6300 © 2018 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

Q1-2019

Q4-2018

Q3-2018

Q2-2018

Q1-2018

Number of Sales

10

5

8

35

17

AVG Sold Price per SF

$1,047

$1,086

$967

$952

$1,180

Median Sold Price per SF

$988

$968

$936

$901

$949

AVG Sale Price

$5,173,680

$4,380,700

$3,820,312

$5,626,866

$8,133,213

Median Sale Price

$4,175,000

$4,050,000

$3,525,000

$4,850,000

$4,212,000

AVG % of List Price Paid

91.73%

89.24%

90.74%

86.90%

84.09%

Median % of List Price Paid

94.72%

90.89%

90.385%

88.14%

84.69%

AVG Cumulative Days on Market

193

267

279

307

267

Worth Ave North to Wells Rd (Area 2) Q1-2019

Q4-2018

Q3-2018

Q2-2018

Q1-2018

Number of Sales

6

5

9

13

12

AVG Sold Price per SF

$1,074

$906

$987

$967

$963

Median Sold Price per SF

$1,014

$1,094

$819

$856

$863

AVG Sale Price

$4,097,483

$4,593,000

$4,454,111

$3,815,124

$3,859,416

Median Sale Price

$4,117,451.70

$4,250,000

$3,640,000

$3,400,000

$3,509,000

AVG % of List Price Paid

93.61%

85.33%

87.74%

86.7%

88.98%

Median % of List Price Paid

93.015%

86.12%

91.09%

86.98%

89.495%

AVG Cumulative Days on Market

352

213

393

238

365

South of Worth Avenue to Sloan’s Curve (Area 3) Q1-2019

Q4-2018

Q3-2018

Q2-2018

Q1-2018

Number of Sales

5

3

5

9

6

AVG Sold Price per SF

$1,265

$1,237

$1,781

$1,440

$1,298

Median Sold Price per SF

$1,164

$1,097

$1,935

$1,431

$1,094

AVG Sale Price

$8,723,585

$11,420,000

$15,250,585

$20,302,516

$11,188,666

Median Sale Price

$7,100,000

$8,200,000

$10,750,000

$18,250,000

$10,300,000

AVG % of List Price Paid

88.34%

95.64%

82.69%

79.45%

90.77%

Median % of List Price Paid

87.26%

98.99%

77.90%

81.25%

91.985%

AVG Cumulative Days on Market

134

134

479

463

293

Complete data analysis done using the Palm Beach Board MLS. Search date 04/01/2019 for all sold transactions recorded in sections: 01 (Wells Rd & North), 02 (Worth Ave North to Wells Rd), & 03 (South of Worth Ave to Sloans Curve).

RANKED #1 DOUGLAS ELLIMAN REALTOR IN PALM BEACH FOR SALES VOLUME (2017 & 2018) RANKED #2 DOUGLAS ELLIMAN REALTOR IN FLORIDA FOR SALES VOLUME (2018)


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