The Flow Singer Island Q2-2018

Page 1

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


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