The Flow Palm Beach Q3-2018

Page 1

SINGLE FAMILY & TOWNHOMES

3 Q 5

AREA 3

9

Per Square Foot

8

Q3-2018 & CURRENT ACTIVES Area 1 Q3-2018 Solds $967

18

22

AVERAGE PRICE - 20

13

CONDOS

AM

A RE

8

3 Q

2

E SALES HOM BY ILY A

F

ROPERTY TYP E-

SING LE

P BY

01

MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM

ES

SA L

THE POHRER PORTFOL I O

Area 1 Q3-2018 Actives $1,556

AREA 1

AREA 2

Area 2 Q3-2018 Solds $987 Area 2 Q3-2018 Actives $1,134 Area 3 Q3-2018 Solds $1,781 Area 3 Q3-2018 Actives $1,778

PALM BEACH

THE FLOW

Q3 - 2018

BROUGHT TO YOU BY GARY POHRER

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

341 GARDEN ROAD $7,795,000

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

Q3-2018 Winter Haven Farm - $15,500,000

Q2-2018

Q1-2018

Q3-2017

Number of Sales

8

35

17

13

AVG Sold Price Per Sf

$967

$952

$1,180

$903

Median Sold Price Per Sf

$936

$901

$949

$907

AVG Sale Price

$3,820,312

$5,626,866

$8,133,213

$4,224,303

Median Sale Price

$3,525,000

$4,850,000

$4,212,000

$3,151,115

AVG % of List Price Paid

90.74%

86.90%

84.09%

89.08%

Median % of List Price Paid

90.385%

88.14%

84.69%

89.22%

AVG Cumulative Days on Market

279

307

267

353

Worth Ave North to Wells Rd (Area 2) 255 Clarke Avenue - $12,950,000

341 Garden Road - $7,795,000

315 Clarke Avenue - $12,500,000

Q3-2018

Q2-2018

Q1-2018

Q3-2017

Number of Sales

9

13

12

7

AVG Sold Price Per Sf

$987

$967

$963

$798

Median Sold Price Per Sf

$819

$856

$863

$709

AVG Sale Price

$4,454,111

$3,815,124

$3,859,416

$4,490,285

Median Sale Price

$3,640,000

$3,400,000

$3,509,000

$3,400,000

AVG % of List Price Paid

87.74%

86.7%

88.98%

89.50%

Median % of List Price Paid

91.09%

86.98%

89.495%

90.68%

AVG Cumulative Days on Market

393

238

365

336

Q2-2018

Q1-2018

Q3-2017

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

200 Esplanade Way - $5,850,000

Q3-2018

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

GARY POHRER 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.

Number of Sales

5

9

6

4

AVG Sold Price Per Sf

$1,781

$1,440

$1,298

$897

Median Sold Price Per Sf

$1,935

$1,431

$1,094

$965

AVG Sale Price

$15,250,585

$20,302,516

$11,188,666

$7,825,000

Median Sale Price

$10,750,000

$18,250,000

$10,300,000

$7,700,000

AVG % of List Price Paid

82.69%

79.45%

90.77%

86.38%

Median % of List Price Paid

77.90%

81.25%

91.985%

85.96%

AVG Cumulative Days on Market

479

463

293

573

Complete data analysis done using the Palm Beach Board MLS. Search date 09/30/2018 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 for sales volume in 2017 for Douglas Elliman Palm Beach and Jupiter offices.


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