OVERALL SINGER ISLAND MARKET ANALYSIS SINGER ISLAND OCEANFRONT CONDOS
340 Royal Poinciana Way, Suite 318 Palm Beach, FL. 33480 2018
2017
2016
Number of Sales
64
152
155
AVG Sold Price per sf
$379
$344
$316
Median Sold Price per sf
$344
$313
$303
AVG Sale Price
$810,205
$662,460
$586,446
Median Sale Price
$597,500
$495,000
$435,000
AVG % of List Price Paid
92.45%
91.65%
91.21%
Median % of List Price Paid
93.67%
93.22%
97.75%
AVG Days on Market
63
73
84
2018
2017
2016
Number of Sales
10
25
14
AVG Sold Price per Sf
$291
$326
$284
Median Sold Price per Sf
$315
$294
$292
AVG Sale Price
$591,373
$694,035
$521,178
Median Sale Price
$557,500
$526,500
$478,500
AVG % of List Price Paid
89.48%
92%
89.82%
Median % of List Price Paid
92.2%
93.49%
91.66%
AVG Days on Market
41
42
103
PALM BEACH SHORES SINGLE FAMILY HOMES
PALM BEACH ISLES SINGLE FAMILY HOMES
PRSRT STD U.S. POSTAGE PAID WEST PALM BCH FL PERMIT NO. 1996
2018
2017
2016
Number of Sales
17
47
29
AVG Sold Price per Sf
$413
$396
$337
Median Sold Price per Sf
$381
$345
$310
AVG Sale Price
$1,182,529
$1,057,139
$758,948
Median Sale Price
$1,150,000
$800,000
$675,000
AVG % of List Price Paid
94.58%
91.73%
90.37%
Median % of List Price Paid
95.99%
92.81%
92.74%
AVG Days on Market
50
52
46
Call us for a FREE no obligation assessment of your property’s value in today’s market.
GARY POHRER
ADAM MCPHERSON
Director of Luxury Sales M: 561.262.0856 gary.pohrer@elliman.com
Sales Associate M: 561.309.2326 adam.mcpherson@elliman.com
*Market research statistics run using Realtors® of the Palm Beaches and Greater Fort Lauderdale on 5/15/2018.
ELECTRONIC SERVICE REQUESTED
SINGER ISLAND
THE FLOW
Q2 - 2018
BROUGHT TO YOU BY GARY POHRER
MARKETING YOUR HOME WITH THE POWER OF ELLIMAN AND THE POHRER GROUP We attract the most qualified buyers from all over the world. Douglas Elliman’s alliance with Knight Frank Residential allows us to connect you to the right buyer, no matter where they live.
•
Douglas Elliman is the leader in luxury real estate
•
Broker open houses
•
$24.6 billion in sales for 2016
•
Special events
•
Direct access to Realtors nationwide
•
Professional photography and videography
•
Direct communication with 6,000+ Realtors in NY, Boston, NJ, Hamp-
•
Dedicated email blasts
ton’s, Aspen and LA
•
Social media campaigns
•
20 convenient offices in South Florida
•
PR outreach nationwide
•
Local postcard mailings
•
Elliman magazine ads reach of 200,000+ readers
•
Global marketing in 59 countries with local languages
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 F OOTAGE, 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.
2700 N. OCEAN DRIVE, 1903-B $1,800,000
OCEAN’S EDGE 5050 N. Ocean Drive
2018
2017
2016
Number of Sales
0
2
3
AVG Price per Sf
N/A
$681
$655
Median Sold Price per Sf
N/A
$680
$663
AVG Sale Price
N/A
$2,770,000
$2,387,500
Median Sale Price
N/A
$2,770,000
$2,575,000
AVG % of List Price Paid
N/A
86.59%
87.91%
Median % of List Price Paid
N/A
86.59%
87.82%
AVG Days on Market
N/A
422
479
5150 N. Ocean Drive
2018
2017
2016
ONLY ONE PENTHOUSE REMAINS AT VISTA BLUE
VIA DELFINO RITZ CARLTON - A
RITZ CARLTON - B
2700 N. Ocean Drive
2018
2017
2016
2700 N. Ocean Drive
2018
2017
2016
Number of Sales
2
3
0
Number of Sales
4
2
2
Number of Sales
1
6
4
AVG Sold Price per Sf
$601
$552
N/A
AVG Sold Price per sf
$735
$779
$1,020
AVG Sold Price per sf
$653
$591
$640
Median Sold Price per Sf
$600
$546
N/A
Median Sold Price per sf
$800
$779
$1,020
Median Sold Price per sf
$653
$569
$651
AVG Sale Price
$1,255,000
$1,659,000
N/A
AVG Sale Price
$3,168,750
$2,950,000
$5,275,000
AVG Sale Price
$1,255,000
$1,361,666
$1,426,162
Median Sale Price
$1,255,000
$1,837,000
N/A
Median Sale Price
$3,162,500
$2,950,000
$5,275,000
Median Sale Price
$1,255,000
$1,262,500
$1,491,825
AVG % of List Price Paid
95.8%
89.21%
N/A
AVG % of List Price Paid
83.58%
91.42%
77.12%
AVG % of List Price Paid
96.91%
83.77%
90.33%
Median % of List Price Paid
95.8%
88.05%
N/A
Median % of List Price Paid
84.30%
91.42%
77.12%
Median % of List Price Paid
96.91%
83.16%
91.565%
AVG Days on Market
76
87
N/A
AVG Days on Market
78
326
85
AVG Days on Market
166
385
83
5310 N. Ocean Drive
2018
2017
2016
Number of Sales
1
0
0
AVG Sold Price per Sf
$539
N/A
N/A
Median Sold Price per Sf
$539
N/A
N/A
AVG Sale Price
$1,800,000
N/A
N/A
Median Sale Price
$1,800,000
N/A
N/A
AVG % of List Price Paid
91.14%
N/A
N/A
Median % of List Price Paid
91.14%
N/A
N/A
AVG Days on Market
20
N/A
N/A
ONE SINGER
OASIS
BEACH FRONT
3920 N. Ocean Drive
2018
2017
2016
4600 N. Ocean Drive
2018
2017
2016
Number of Sales
0
3
2
Number of Sales
1
3
3
AVG Sold Price per sf
N/A
$570
$500
AVG Sold Price per sf
$450
$464
$432
Median Sold Price per sf
N/A
$555
$500
Median Sold Price per sf
$450
$474
$440
AVG Sale Price
N/A
$2,320,000
$2,037,500
AVG Sale Price
$1,225,000
$1,525,000
$1,348,333
Median Sale Price
N/A
$2,260,000
$2,037,500
Median Sale Price
$1,225,000
$1,525,000
$1,370,000
AVG % of List Price Paid
N/A
92.38%
94.79%
AVG % of List Price Paid
90.81%
89.39%
83.95%
Median % of List Price Paid
N/A
92.38%
94.79%
JUST SOLD
JUST LISTED
Median % of List Price Paid
90.81%
90.83%
84.57%
AVG Days on Market
N/A
106
182
AVG Days on Market
235
260
242
We just brought another buyer to The Ritz-Carlton Residences unit 1503-B. Sold for $1.725M.
Spectacular and beautifully appointed direct oceanfront at the Ritz-Carlton Residences. $1.8M
Get in on the ground floor. There has been already been one record sale in this building; with one penthouse sold at the highest price per sf ($1,200) on Singer Island. Occupancy has gone from 0 to 75% full in just 18 months. Multiple 3 and 4 bedrooms remain and start at $1.6 M. One Penthouse remains. Contact the Pohrer Group today for more information.
OCEAN’S EDGE 5050 N. Ocean Drive
2018
2017
2016
Number of Sales
0
2
3
AVG Price per Sf
N/A
$681
$655
Median Sold Price per Sf
N/A
$680
$663
AVG Sale Price
N/A
$2,770,000
$2,387,500
Median Sale Price
N/A
$2,770,000
$2,575,000
AVG % of List Price Paid
N/A
86.59%
87.91%
Median % of List Price Paid
N/A
86.59%
87.82%
AVG Days on Market
N/A
422
479
5150 N. Ocean Drive
2018
2017
2016
ONLY ONE PENTHOUSE REMAINS AT VISTA BLUE
VIA DELFINO RITZ CARLTON - A
RITZ CARLTON - B
2700 N. Ocean Drive
2018
2017
2016
2700 N. Ocean Drive
2018
2017
2016
Number of Sales
2
3
0
Number of Sales
4
2
2
Number of Sales
1
6
4
AVG Sold Price per Sf
$601
$552
N/A
AVG Sold Price per sf
$735
$779
$1,020
AVG Sold Price per sf
$653
$591
$640
Median Sold Price per Sf
$600
$546
N/A
Median Sold Price per sf
$800
$779
$1,020
Median Sold Price per sf
$653
$569
$651
AVG Sale Price
$1,255,000
$1,659,000
N/A
AVG Sale Price
$3,168,750
$2,950,000
$5,275,000
AVG Sale Price
$1,255,000
$1,361,666
$1,426,162
Median Sale Price
$1,255,000
$1,837,000
N/A
Median Sale Price
$3,162,500
$2,950,000
$5,275,000
Median Sale Price
$1,255,000
$1,262,500
$1,491,825
AVG % of List Price Paid
95.8%
89.21%
N/A
AVG % of List Price Paid
83.58%
91.42%
77.12%
AVG % of List Price Paid
96.91%
83.77%
90.33%
Median % of List Price Paid
95.8%
88.05%
N/A
Median % of List Price Paid
84.30%
91.42%
77.12%
Median % of List Price Paid
96.91%
83.16%
91.565%
AVG Days on Market
76
87
N/A
AVG Days on Market
78
326
85
AVG Days on Market
166
385
83
5310 N. Ocean Drive
2018
2017
2016
Number of Sales
1
0
0
AVG Sold Price per Sf
$539
N/A
N/A
Median Sold Price per Sf
$539
N/A
N/A
AVG Sale Price
$1,800,000
N/A
N/A
Median Sale Price
$1,800,000
N/A
N/A
AVG % of List Price Paid
91.14%
N/A
N/A
Median % of List Price Paid
91.14%
N/A
N/A
AVG Days on Market
20
N/A
N/A
ONE SINGER
OASIS
BEACH FRONT
3920 N. Ocean Drive
2018
2017
2016
4600 N. Ocean Drive
2018
2017
2016
Number of Sales
0
3
2
Number of Sales
1
3
3
AVG Sold Price per sf
N/A
$570
$500
AVG Sold Price per sf
$450
$464
$432
Median Sold Price per sf
N/A
$555
$500
Median Sold Price per sf
$450
$474
$440
AVG Sale Price
N/A
$2,320,000
$2,037,500
AVG Sale Price
$1,225,000
$1,525,000
$1,348,333
Median Sale Price
N/A
$2,260,000
$2,037,500
Median Sale Price
$1,225,000
$1,525,000
$1,370,000
AVG % of List Price Paid
N/A
92.38%
94.79%
AVG % of List Price Paid
90.81%
89.39%
83.95%
Median % of List Price Paid
N/A
92.38%
94.79%
JUST SOLD
JUST LISTED
Median % of List Price Paid
90.81%
90.83%
84.57%
AVG Days on Market
N/A
106
182
AVG Days on Market
235
260
242
We just brought another buyer to The Ritz-Carlton Residences unit 1503-B. Sold for $1.725M.
Spectacular and beautifully appointed direct oceanfront at the Ritz-Carlton Residences. $1.8M
Get in on the ground floor. There has been already been one record sale in this building; with one penthouse sold at the highest price per sf ($1,200) on Singer Island. Occupancy has gone from 0 to 75% full in just 18 months. Multiple 3 and 4 bedrooms remain and start at $1.6 M. One Penthouse remains. Contact the Pohrer Group today for more information.
OCEAN’S EDGE 5050 N. Ocean Drive
2018
2017
2016
Number of Sales
0
2
3
AVG Price per Sf
N/A
$681
$655
Median Sold Price per Sf
N/A
$680
$663
AVG Sale Price
N/A
$2,770,000
$2,387,500
Median Sale Price
N/A
$2,770,000
$2,575,000
AVG % of List Price Paid
N/A
86.59%
87.91%
Median % of List Price Paid
N/A
86.59%
87.82%
AVG Days on Market
N/A
422
479
5150 N. Ocean Drive
2018
2017
2016
ONLY ONE PENTHOUSE REMAINS AT VISTA BLUE
VIA DELFINO RITZ CARLTON - A
RITZ CARLTON - B
2700 N. Ocean Drive
2018
2017
2016
2700 N. Ocean Drive
2018
2017
2016
Number of Sales
2
3
0
Number of Sales
4
2
2
Number of Sales
1
6
4
AVG Sold Price per Sf
$601
$552
N/A
AVG Sold Price per sf
$735
$779
$1,020
AVG Sold Price per sf
$653
$591
$640
Median Sold Price per Sf
$600
$546
N/A
Median Sold Price per sf
$800
$779
$1,020
Median Sold Price per sf
$653
$569
$651
AVG Sale Price
$1,255,000
$1,659,000
N/A
AVG Sale Price
$3,168,750
$2,950,000
$5,275,000
AVG Sale Price
$1,255,000
$1,361,666
$1,426,162
Median Sale Price
$1,255,000
$1,837,000
N/A
Median Sale Price
$3,162,500
$2,950,000
$5,275,000
Median Sale Price
$1,255,000
$1,262,500
$1,491,825
AVG % of List Price Paid
95.8%
89.21%
N/A
AVG % of List Price Paid
83.58%
91.42%
77.12%
AVG % of List Price Paid
96.91%
83.77%
90.33%
Median % of List Price Paid
95.8%
88.05%
N/A
Median % of List Price Paid
84.30%
91.42%
77.12%
Median % of List Price Paid
96.91%
83.16%
91.565%
AVG Days on Market
76
87
N/A
AVG Days on Market
78
326
85
AVG Days on Market
166
385
83
5310 N. Ocean Drive
2018
2017
2016
Number of Sales
1
0
0
AVG Sold Price per Sf
$539
N/A
N/A
Median Sold Price per Sf
$539
N/A
N/A
AVG Sale Price
$1,800,000
N/A
N/A
Median Sale Price
$1,800,000
N/A
N/A
AVG % of List Price Paid
91.14%
N/A
N/A
Median % of List Price Paid
91.14%
N/A
N/A
AVG Days on Market
20
N/A
N/A
ONE SINGER
OASIS
BEACH FRONT
3920 N. Ocean Drive
2018
2017
2016
4600 N. Ocean Drive
2018
2017
2016
Number of Sales
0
3
2
Number of Sales
1
3
3
AVG Sold Price per sf
N/A
$570
$500
AVG Sold Price per sf
$450
$464
$432
Median Sold Price per sf
N/A
$555
$500
Median Sold Price per sf
$450
$474
$440
AVG Sale Price
N/A
$2,320,000
$2,037,500
AVG Sale Price
$1,225,000
$1,525,000
$1,348,333
Median Sale Price
N/A
$2,260,000
$2,037,500
Median Sale Price
$1,225,000
$1,525,000
$1,370,000
AVG % of List Price Paid
N/A
92.38%
94.79%
AVG % of List Price Paid
90.81%
89.39%
83.95%
Median % of List Price Paid
N/A
92.38%
94.79%
JUST SOLD
JUST LISTED
Median % of List Price Paid
90.81%
90.83%
84.57%
AVG Days on Market
N/A
106
182
AVG Days on Market
235
260
242
We just brought another buyer to The Ritz-Carlton Residences unit 1503-B. Sold for $1.725M.
Spectacular and beautifully appointed direct oceanfront at the Ritz-Carlton Residences. $1.8M
Get in on the ground floor. There has been already been one record sale in this building; with one penthouse sold at the highest price per sf ($1,200) on Singer Island. Occupancy has gone from 0 to 75% full in just 18 months. Multiple 3 and 4 bedrooms remain and start at $1.6 M. One Penthouse remains. Contact the Pohrer Group today for more information.
OVERALL SINGER ISLAND MARKET ANALYSIS SINGER ISLAND OCEANFRONT CONDOS
340 Royal Poinciana Way, Suite 318 Palm Beach, FL. 33480 2018
2017
2016
Number of Sales
64
152
155
AVG Sold Price per sf
$379
$344
$316
Median Sold Price per sf
$344
$313
$303
AVG Sale Price
$810,205
$662,460
$586,446
Median Sale Price
$597,500
$495,000
$435,000
AVG % of List Price Paid
92.45%
91.65%
91.21%
Median % of List Price Paid
93.67%
93.22%
97.75%
AVG Days on Market
63
73
84
2018
2017
2016
Number of Sales
10
25
14
AVG Sold Price per Sf
$291
$326
$284
Median Sold Price per Sf
$315
$294
$292
AVG Sale Price
$591,373
$694,035
$521,178
Median Sale Price
$557,500
$526,500
$478,500
AVG % of List Price Paid
89.48%
92%
89.82%
Median % of List Price Paid
92.2%
93.49%
91.66%
AVG Days on Market
41
42
103
PALM BEACH SHORES SINGLE FAMILY HOMES
PALM BEACH ISLES SINGLE FAMILY HOMES
PRSRT STD U.S. POSTAGE PAID WEST PALM BCH FL PERMIT NO. 1996
2018
2017
2016
Number of Sales
17
47
29
AVG Sold Price per Sf
$413
$396
$337
Median Sold Price per Sf
$381
$345
$310
AVG Sale Price
$1,182,529
$1,057,139
$758,948
Median Sale Price
$1,150,000
$800,000
$675,000
AVG % of List Price Paid
94.58%
91.73%
90.37%
Median % of List Price Paid
95.99%
92.81%
92.74%
AVG Days on Market
50
52
46
Call us for a FREE no obligation assessment of your property’s value in today’s market.
GARY POHRER
ADAM MCPHERSON
Director of Luxury Sales M: 561.262.0856 gary.pohrer@elliman.com
Sales Associate M: 561.309.2326 adam.mcpherson@elliman.com
*Market research statistics run using Realtors® of the Palm Beaches and Greater Fort Lauderdale on 5/15/2018.
ELECTRONIC SERVICE REQUESTED
SINGER ISLAND
THE FLOW
Q2 - 2018
BROUGHT TO YOU BY GARY POHRER
MARKETING YOUR HOME WITH THE POWER OF ELLIMAN AND THE POHRER GROUP We attract the most qualified buyers from all over the world. Douglas Elliman’s alliance with Knight Frank Residential allows us to connect you to the right buyer, no matter where they live.
•
Douglas Elliman is the leader in luxury real estate
•
Broker open houses
•
$24.6 billion in sales for 2016
•
Special events
•
Direct access to Realtors nationwide
•
Professional photography and videography
•
Direct communication with 6,000+ Realtors in NY, Boston, NJ, Hamp-
•
Dedicated email blasts
ton’s, Aspen and LA
•
Social media campaigns
•
20 convenient offices in South Florida
•
PR outreach nationwide
•
Local postcard mailings
•
Elliman magazine ads reach of 200,000+ readers
•
Global marketing in 59 countries with local languages
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 F OOTAGE, 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.
2700 N. OCEAN DRIVE, 1903-B $1,800,000
OVERALL SINGER ISLAND MARKET ANALYSIS SINGER ISLAND OCEANFRONT CONDOS
340 Royal Poinciana Way, Suite 318 Palm Beach, FL. 33480 2018
2017
2016
Number of Sales
64
152
155
AVG Sold Price per sf
$379
$344
$316
Median Sold Price per sf
$344
$313
$303
AVG Sale Price
$810,205
$662,460
$586,446
Median Sale Price
$597,500
$495,000
$435,000
AVG % of List Price Paid
92.45%
91.65%
91.21%
Median % of List Price Paid
93.67%
93.22%
97.75%
AVG Days on Market
63
73
84
2018
2017
2016
Number of Sales
10
25
14
AVG Sold Price per Sf
$291
$326
$284
Median Sold Price per Sf
$315
$294
$292
AVG Sale Price
$591,373
$694,035
$521,178
Median Sale Price
$557,500
$526,500
$478,500
AVG % of List Price Paid
89.48%
92%
89.82%
Median % of List Price Paid
92.2%
93.49%
91.66%
AVG Days on Market
41
42
103
PALM BEACH SHORES SINGLE FAMILY HOMES
PALM BEACH ISLES SINGLE FAMILY HOMES
PRSRT STD U.S. POSTAGE PAID WEST PALM BCH FL PERMIT NO. 1996
2018
2017
2016
Number of Sales
17
47
29
AVG Sold Price per Sf
$413
$396
$337
Median Sold Price per Sf
$381
$345
$310
AVG Sale Price
$1,182,529
$1,057,139
$758,948
Median Sale Price
$1,150,000
$800,000
$675,000
AVG % of List Price Paid
94.58%
91.73%
90.37%
Median % of List Price Paid
95.99%
92.81%
92.74%
AVG Days on Market
50
52
46
Call us for a FREE no obligation assessment of your property’s value in today’s market.
GARY POHRER
ADAM MCPHERSON
Director of Luxury Sales M: 561.262.0856 gary.pohrer@elliman.com
Sales Associate M: 561.309.2326 adam.mcpherson@elliman.com
*Market research statistics run using Realtors® of the Palm Beaches and Greater Fort Lauderdale on 5/15/2018.
ELECTRONIC SERVICE REQUESTED
SINGER ISLAND
THE FLOW
Q2 - 2018
BROUGHT TO YOU BY GARY POHRER
MARKETING YOUR HOME WITH THE POWER OF ELLIMAN AND THE POHRER GROUP We attract the most qualified buyers from all over the world. Douglas Elliman’s alliance with Knight Frank Residential allows us to connect you to the right buyer, no matter where they live.
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Douglas Elliman is the leader in luxury real estate
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Broker open houses
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$24.6 billion in sales for 2016
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Special events
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Direct access to Realtors nationwide
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Professional photography and videography
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Direct communication with 6,000+ Realtors in NY, Boston, NJ, Hamp-
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Dedicated email blasts
ton’s, Aspen and LA
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Social media campaigns
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20 convenient offices in South Florida
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PR outreach nationwide
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Local postcard mailings
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Elliman magazine ads reach of 200,000+ readers
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Global marketing in 59 countries with local languages
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 F OOTAGE, 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.
2700 N. OCEAN DRIVE, 1903-B $1,800,000