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THE POHRER REPORT
Inside South Florida’s most exclusive real estate marke t .
Letter From Gary
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It’s crazy to believe that this is our sixth edition of The Pohrer Report. Thank you for taking the time to read our report each quarter and for sharing the thoughtful feedback which helps us make it better each time.
Our Q4 2022 report is more dense than usual, as we have added in-depth, year-end summaries of annual KPIs across both the single family home and condo and townhome asset classes. I found it very interesting to zoom out from the quarterly performance to capture a high level view on how the Palm Beach market performed compared to other years over the last decade. The biggest take away for me was that YES, transactions and activity has slowed down in comparison to 2020 and 2021 BUT, when you compare the core KPIs to pre2020 activities, it appears that 2022 was on par with (and in some cases stronger than) some of the typical years we’ve had in Palm Beach real estate.
As we close out the year, I would like to take a moment to express my gratitude for clients, prospective clients, and the incredible professionals I get to work with. I feel so fortunate to be a leader in this business, collaborating with outstanding colleagues and advising some of the most interesting and influential people with their Palm Beach real estate needs.
I hope you enjoy the read and as always, please don’t hesitate to reach out with any questions or if I can be of assistance to you in 2023 and beyond.
Best regards,
Gary Pohrer Executive Director of Luxury Sales Douglas Elliman
340 Royal Poinciana Way M302 Palm Beach, FL 33480
O: 561.655.8600
M: 561.262.0856 gary.pohrer@elliman.com garypohrer.com
Bernstein Sales Associate
Johnson Sales Associate
Tristan Sales Associate Market Insights Advisor
