Compounding Annual Growth Rate (CAGR)/ Price Appreciation

2022 continued on the 2021 trajectory of record high price appreciation on In-Town condos and townhomes. Price appreciation for In-Town condos and townhomes grew +59% YOY.

In Closing

We appreciate you taking the time to read our report, and hope you found our insights on the Palm Beach Island market interesting.

I would like to again express my gratitude to my clients, colleagues and prospective clients for taking the time to read our report each quarter and for entrusting us with your business over the years. 2022 was another very busy year for us, culminating in over $350M in total sales value. We look forward to another busy year, and please do not hesitate to reach out if we can be of assistance to you in 2023 and beyond.

Warmest wishes,

Gary Pohrer Sales Associate Executive Director of Luxury Sales

M: 561.262.0856 gary.pohrer@elliman.com

Source: Above data is pulled from Palm Beach MLS, The Beaches MLS and the Palm Beach Property Appraisers (PAPA). Specifically, we are only looking at transactions located in the 33480 zip code.

ALL

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.