THE POHRER PORTFOL I O SINGLE FAMILY & TOWNHOMES
1 Q 8
AREA 3
19
CONDOS
34
- 20
41
SING LE
F
MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM
A RE
AM
AVERAGE PRICE
E SALES HOM BY ILY A
13
13
AREA 2
AREA 1
Per Square Foot
Q1-2019 & CURRENT ACTIVES Area 1 Q2-2019 Solds
$1,165
Area 1 Q2-2019 Actives
$1,289
Area 2 Q2-2019 Solds
$1,047
Area 2 Q2-2019 Actives
$1,197
Area 3 Q2-2019 Solds
$1,164
Area 3 Q2-2019 Actives
$1,945
PALM BEACH
THE FLOW
Q2 - 2019
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
BEL VIAGGIO $42,000,000
Single Family & Townhome Activity Wells Rd & North (Area 1)
Bel Viaggio | North Palm Beach | $42,000,000
PALM BEACH RECORD BREAKING SALE
Palm Beach | Exclusively Offered at: $135,000,000
LISTED AND CLOSED
Palm Beach | Exclusively Offered at: $59,900,000
Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
13
10
5
8
35
AVG Sold Price per SF
$1,165
$1,047
$1,086
$967
$952
Median Sold Price per SF
$1,169
$988
$968
$936
$901
AVG Sale Price
$7,989,228
$5,173,680
$4,380,700
$3,820,312
$5,626,866
Median Sale Price
$5,400,000
$4,175,000
$4,050,000
$3,525,000
$4,850,000
AVG % of List Price Paid
87.34%
91.73%
89.24%
90.74%
86.90%
Median % of List Price Paid
88.14%
94.72%
90.89%
90.385%
88.14%
AVG Cumulative Days on Market
282
193
267
279
307
Worth Ave North to Wells Rd (Area 2) Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
13
6
5
9
13
AVG Sold Price per SF
$1,047
$1,074
$906
$987
$967
Median Sold Price per SF
$878
$1,014
$1,094
$819
$856
AVG Sale Price
$4,379,923
$4,097,483
$4,593,000
$4,454,111
$3,815,124
Median Sale Price
$2,995,000
$4,117,451.70
$4,250,000
$3,640,000
$3,400,000
AVG % of List Price Paid
83.73%
93.61%
85.33%
87.74%
86.7%
Median % of List Price Paid
84.82%
93.015%
86.12%
91.09%
86.98%
AVG Cumulative Days on Market
344
352
213
393
238
South of Worth Avenue to Sloan’s Curve (Area 3) Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
8
5
3
5
9
AVG Sold Price per SF
$1,320
$1,265
$1,237
$1,781
$1,440
Median Sold Price per SF
$1,333
$1,164
$1,097
$1,935
$1,431
Contact us today for a private and no obligation review of your property’s value.
AVG Sale Price
$6,871,968
$8,723,585
$11,420,000
$15,250,585
$20,302,516
Median Sale Price
$6,015,000
$7,100,000
$8,200,000
$10,750,000
$18,250,000
GARY POHRER Senior Director of Luxury Sales
AVG % of List Price Paid
88.73%
88.34%
95.64%
82.69%
79.45%
Median % of List Price Paid
90.115%
87.26%
98.99%
77.90%
81.25%
AVG Cumulative Days on Market
488
134
134
479
463
ThePohrerGroup AT DOUGLAS ELLIMAN REAL ESTATE
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.
Complete data analysis done using the Palm Beach Board MLS. Search date 07/05/2019 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).
ThePohrerGroup AT DOUGLAS ELLIMAN REAL ESTATE
RANKED #1 DOUGLAS ELLIMAN REALTOR IN PALM BEACH FOR SALES VOLUME (2017 & 2018) RANKED #2 DOUGLAS ELLIMAN REALTOR IN FLORIDA FOR SALES VOLUME (2018)
2nd Quarter 2019 Recap Welcome to the Pohrer Groups latest report “The Flow.” Over the last 16 years, we have prided ourselves on noticing specific trends within the market to determine the flow of buyers and sellers, pricing and inventory. During the second quarter we saw a slowdown among single family home sales. The majority of homes that sold were either brand new or major remodels. Buyers today have decided that they would rather pay a pretty significant premium for a home they can move right into as opposed to going through with the process of remodeling. On the flipside, certain buyers are still willing to do the work but only if the price is reasonable. Due to the rising cost of remodeling, buyers interested in a home that needs work have been making lower and lower offers in anticipation of significant remodeling costs.
THE POHRER PORTFOL I O
Area
Client
Offering Price
272 Tradewind Drive
Area 1
Seller
$4,500,000
100 Royal Palm Way E-2
Area 2
Buyer
$3,350,000
100 Royal Palm Way PH-2
Area 2
Buyer
$5,995,000
224 Belmonte Road
West Palm Beach
Buyer
$2,495,000
274 Orange Grove Road
Area 1
Seller
$2,950,000
UNPARALLELED PRIVACY
400 N Flagler Drive PH-C6
West Palm Beach
Buyer & Seller
$2,250,000
400 N Flagler Drive 1706
West Palm Beach
Buyer & Seller
$1,775,000
ROOM FOR A 220’ YACHT ON THIS EXPANSIVE WATERFRONT PROPERTY
269 Everglade Avenue
Area 2
Buyer
$2,975,000
439 Worth Avenue
Area 2
Buyer
$13,439,000
200 Esplanade Way
Area 1
Seller
$4,950,000
1 OF 6 HOMES ON THE INTRACOASTAL WITH OVER 250’ OF WATERFRONAGE
389 Eagle Drive
Jupiter
Seller
$4,495,000
1071 N Ocean Blvd
Area 1
Seller
$59,900,00
1295 S Ocean Blvd
Area 3
Seller
$135,000,000
For Details Call Gary Pohrer 561.262.0856
101 Casa Bendita
Area 2
Buyer
$30,275,000
MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM
Palm Beach Pocket Listing
We could go on and on but would rather take this opportunity to invite you to call with any questions you may have about the Palm Beach market. Thank you for taking the time to review our report. We look forward to meeting you soon!
Highest and Lowest Sale Prices
The Pohrer Group 2019 Activity
The Bristol 5A
West Palm Beach
Buyer
PENDING
Highest Sale Price Q2-2019
Address
Area
Price
The Bristol 17D
West Palm Beach
Buyer
PENDING
Single Family
1295 S Ocean Blvd
Area 3
$104,990,000
310 Atlantic Avenue
Area 2
Buyer
PENDING
Condo
100 Sunrise Avenue 503
Area 2
$4,472,500
320 Dyer Road
West Palm Beach
Buyer
PENDING
Lowest Sale Price Q2-2019
Address
Area
Price
La Clara 901
West Palm Beach
Buyer
PENDING
Single Family
232 Cocoanut Row
Area 2
$707,000
Condo
235 Sunrise Avenue 3010
Area 2
$115,000
Active Properties
JUST LISTED
Palm Beach Condo Activity
Number of Residential Sales by Absolute Dollar Amount Below $2,099,999
$2,100,000 - $3,099,999 100 Royal Palm Way C-1 & C-2 | Palm Beach | $4,250,000 | Two Story Condo
Area 1
Area 2
Area 3
69
136
48
$3,100,000 - $4,099,999
3170 S Ocean Blvd. 403-N | Palm Beach | Reimagined Oceanfront Condo
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
41
40
21
13
50
AVG Sold Price per SF
$858
$882
$768
$723
$848
Median Sold Price per SF
$774
$764
$631
$642
$768
AVG Sale Price
$1,535,147
$1,526,254
$1,116,476
$763,038
$1,802,870
Median Sale Price
$1,200,000
$876,894.20
$825,000
$757,500
$1,237,500
AVG % of List Price Paid
90.21%
91.32%
92.72%
92.58%
87.93%
Median % of List Price Paid
92.660%
91.05%
94.65%
94.95%
90.01%
AVG Cumulative Days on Market
184
218
194
272
255
JUST SOLD
Sales-to-List-Price
$4,100,000 - $5,099,999
89.16%
236 Pendleton Avenue | Palm Beach | $2,995,000 | Prestigious Pendleton Ave
88.52%
3550 S Ocean Blvd. PH-E | Palm Beach | $3,700,000 | Luxury Oceanfront Living
89.35%
Above $7,100,000
By Price Point 86.71%
3
87.43%
Area 3
15
83.17%
Area 2
2
83.84%
Area 1
86.22%
$6,100,000 - $7,099,999
Single Family Homes 90.99%
All Residential
$5,100,000 - $6,099,999
90.39%
Under Contract
Q2-2019
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
2 4 10 18
Q2-2019
$15M+ $10M TO
$15M $5M TO
$10M UNDER $5M
7 4 17 29
Q2-2018
2nd Quarter 2019 Recap Welcome to the Pohrer Groups latest report “The Flow.” Over the last 16 years, we have prided ourselves on noticing specific trends within the market to determine the flow of buyers and sellers, pricing and inventory. During the second quarter we saw a slowdown among single family home sales. The majority of homes that sold were either brand new or major remodels. Buyers today have decided that they would rather pay a pretty significant premium for a home they can move right into as opposed to going through with the process of remodeling. On the flipside, certain buyers are still willing to do the work but only if the price is reasonable. Due to the rising cost of remodeling, buyers interested in a home that needs work have been making lower and lower offers in anticipation of significant remodeling costs.
THE POHRER PORTFOL I O
Area
Client
Offering Price
272 Tradewind Drive
Area 1
Seller
$4,500,000
100 Royal Palm Way E-2
Area 2
Buyer
$3,350,000
100 Royal Palm Way PH-2
Area 2
Buyer
$5,995,000
224 Belmonte Road
West Palm Beach
Buyer
$2,495,000
274 Orange Grove Road
Area 1
Seller
$2,950,000
UNPARALLELED PRIVACY
400 N Flagler Drive PH-C6
West Palm Beach
Buyer & Seller
$2,250,000
400 N Flagler Drive 1706
West Palm Beach
Buyer & Seller
$1,775,000
ROOM FOR A 220’ YACHT ON THIS EXPANSIVE WATERFRONT PROPERTY
269 Everglade Avenue
Area 2
Buyer
$2,975,000
439 Worth Avenue
Area 2
Buyer
$13,439,000
200 Esplanade Way
Area 1
Seller
$4,950,000
1 OF 6 HOMES ON THE INTRACOASTAL WITH OVER 250’ OF WATERFRONAGE
389 Eagle Drive
Jupiter
Seller
$4,495,000
1071 N Ocean Blvd
Area 1
Seller
$59,900,00
1295 S Ocean Blvd
Area 3
Seller
$135,000,000
For Details Call Gary Pohrer 561.262.0856
101 Casa Bendita
Area 2
Buyer
$30,275,000
MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM
Palm Beach Pocket Listing
We could go on and on but would rather take this opportunity to invite you to call with any questions you may have about the Palm Beach market. Thank you for taking the time to review our report. We look forward to meeting you soon!
Highest and Lowest Sale Prices
The Pohrer Group 2019 Activity
The Bristol 5A
West Palm Beach
Buyer
PENDING
Highest Sale Price Q2-2019
Address
Area
Price
The Bristol 17D
West Palm Beach
Buyer
PENDING
Single Family
1295 S Ocean Blvd
Area 3
$104,990,000
310 Atlantic Avenue
Area 2
Buyer
PENDING
Condo
100 Sunrise Avenue 503
Area 2
$4,472,500
320 Dyer Road
West Palm Beach
Buyer
PENDING
Lowest Sale Price Q2-2019
Address
Area
Price
La Clara 901
West Palm Beach
Buyer
PENDING
Single Family
232 Cocoanut Row
Area 2
$707,000
Condo
235 Sunrise Avenue 3010
Area 2
$115,000
Active Properties
JUST LISTED
Palm Beach Condo Activity
Number of Residential Sales by Absolute Dollar Amount Below $2,099,999
$2,100,000 - $3,099,999 100 Royal Palm Way C-1 & C-2 | Palm Beach | $4,250,000 | Two Story Condo
Area 1
Area 2
Area 3
69
136
48
$3,100,000 - $4,099,999
3170 S Ocean Blvd. 403-N | Palm Beach | Reimagined Oceanfront Condo
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
41
40
21
13
50
AVG Sold Price per SF
$858
$882
$768
$723
$848
Median Sold Price per SF
$774
$764
$631
$642
$768
AVG Sale Price
$1,535,147
$1,526,254
$1,116,476
$763,038
$1,802,870
Median Sale Price
$1,200,000
$876,894.20
$825,000
$757,500
$1,237,500
AVG % of List Price Paid
90.21%
91.32%
92.72%
92.58%
87.93%
Median % of List Price Paid
92.660%
91.05%
94.65%
94.95%
90.01%
AVG Cumulative Days on Market
184
218
194
272
255
JUST SOLD
Sales-to-List-Price
$4,100,000 - $5,099,999
89.16%
236 Pendleton Avenue | Palm Beach | $2,995,000 | Prestigious Pendleton Ave
88.52%
3550 S Ocean Blvd. PH-E | Palm Beach | $3,700,000 | Luxury Oceanfront Living
89.35%
Above $7,100,000
By Price Point 86.71%
3
87.43%
Area 3
15
83.17%
Area 2
2
83.84%
Area 1
86.22%
$6,100,000 - $7,099,999
Single Family Homes 90.99%
All Residential
$5,100,000 - $6,099,999
90.39%
Under Contract
Q2-2019
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
2 4 10 18
Q2-2019
$15M+ $10M TO
$15M $5M TO
$10M UNDER $5M
7 4 17 29
Q2-2018
THE POHRER PORTFOL I O SINGLE FAMILY & TOWNHOMES
1 Q 8
AREA 3
19
CONDOS
34
- 20
41
SING LE
F
MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM
A RE
AM
AVERAGE PRICE
E SALES HOM BY ILY A
13
13
AREA 2
AREA 1
Per Square Foot
Q1-2019 & CURRENT ACTIVES Area 1 Q2-2019 Solds
$1,165
Area 1 Q2-2019 Actives
$1,289
Area 2 Q2-2019 Solds
$1,047
Area 2 Q2-2019 Actives
$1,197
Area 3 Q2-2019 Solds
$1,164
Area 3 Q2-2019 Actives
$1,945
PALM BEACH
THE FLOW
Q2 - 2019
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
BEL VIAGGIO $42,000,000
Single Family & Townhome Activity Wells Rd & North (Area 1)
Bel Viaggio | North Palm Beach | $42,000,000
PALM BEACH RECORD BREAKING SALE
Palm Beach | Exclusively Offered at: $135,000,000
LISTED AND CLOSED
Palm Beach | Exclusively Offered at: $59,900,000
Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
13
10
5
8
35
AVG Sold Price per SF
$1,165
$1,047
$1,086
$967
$952
Median Sold Price per SF
$1,169
$988
$968
$936
$901
AVG Sale Price
$7,989,228
$5,173,680
$4,380,700
$3,820,312
$5,626,866
Median Sale Price
$5,400,000
$4,175,000
$4,050,000
$3,525,000
$4,850,000
AVG % of List Price Paid
87.34%
91.73%
89.24%
90.74%
86.90%
Median % of List Price Paid
88.14%
94.72%
90.89%
90.385%
88.14%
AVG Cumulative Days on Market
282
193
267
279
307
Worth Ave North to Wells Rd (Area 2) Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
13
6
5
9
13
AVG Sold Price per SF
$1,047
$1,074
$906
$987
$967
Median Sold Price per SF
$878
$1,014
$1,094
$819
$856
AVG Sale Price
$4,379,923
$4,097,483
$4,593,000
$4,454,111
$3,815,124
Median Sale Price
$2,995,000
$4,117,451.70
$4,250,000
$3,640,000
$3,400,000
AVG % of List Price Paid
83.73%
93.61%
85.33%
87.74%
86.7%
Median % of List Price Paid
84.82%
93.015%
86.12%
91.09%
86.98%
AVG Cumulative Days on Market
344
352
213
393
238
South of Worth Avenue to Sloan’s Curve (Area 3) Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
8
5
3
5
9
AVG Sold Price per SF
$1,320
$1,265
$1,237
$1,781
$1,440
Median Sold Price per SF
$1,333
$1,164
$1,097
$1,935
$1,431
Contact us today for a private and no obligation review of your property’s value.
AVG Sale Price
$6,871,968
$8,723,585
$11,420,000
$15,250,585
$20,302,516
Median Sale Price
$6,015,000
$7,100,000
$8,200,000
$10,750,000
$18,250,000
GARY POHRER Senior Director of Luxury Sales
AVG % of List Price Paid
88.73%
88.34%
95.64%
82.69%
79.45%
Median % of List Price Paid
90.115%
87.26%
98.99%
77.90%
81.25%
AVG Cumulative Days on Market
488
134
134
479
463
ThePohrerGroup AT DOUGLAS ELLIMAN REAL ESTATE
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.
Complete data analysis done using the Palm Beach Board MLS. Search date 07/05/2019 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).
ThePohrerGroup AT DOUGLAS ELLIMAN REAL ESTATE
RANKED #1 DOUGLAS ELLIMAN REALTOR IN PALM BEACH FOR SALES VOLUME (2017 & 2018) RANKED #2 DOUGLAS ELLIMAN REALTOR IN FLORIDA FOR SALES VOLUME (2018)
2nd Quarter 2019 Recap Welcome to the Pohrer Groups latest report “The Flow.” Over the last 16 years, we have prided ourselves on noticing specific trends within the market to determine the flow of buyers and sellers, pricing and inventory. During the second quarter we saw a slowdown among single family home sales. The majority of homes that sold were either brand new or major remodels. Buyers today have decided that they would rather pay a pretty significant premium for a home they can move right into as opposed to going through with the process of remodeling. On the flipside, certain buyers are still willing to do the work but only if the price is reasonable. Due to the rising cost of remodeling, buyers interested in a home that needs work have been making lower and lower offers in anticipation of significant remodeling costs.
THE POHRER PORTFOL I O
Area
Client
Offering Price
272 Tradewind Drive
Area 1
Seller
$4,500,000
100 Royal Palm Way E-2
Area 2
Buyer
$3,350,000
100 Royal Palm Way PH-2
Area 2
Buyer
$5,995,000
224 Belmonte Road
West Palm Beach
Buyer
$2,495,000
274 Orange Grove Road
Area 1
Seller
$2,950,000
UNPARALLELED PRIVACY
400 N Flagler Drive PH-C6
West Palm Beach
Buyer & Seller
$2,250,000
400 N Flagler Drive 1706
West Palm Beach
Buyer & Seller
$1,775,000
ROOM FOR A 220’ YACHT ON THIS EXPANSIVE WATERFRONT PROPERTY
269 Everglade Avenue
Area 2
Buyer
$2,975,000
439 Worth Avenue
Area 2
Buyer
$13,439,000
200 Esplanade Way
Area 1
Seller
$4,950,000
1 OF 6 HOMES ON THE INTRACOASTAL WITH OVER 250’ OF WATERFRONAGE
389 Eagle Drive
Jupiter
Seller
$4,495,000
1071 N Ocean Blvd
Area 1
Seller
$59,900,00
1295 S Ocean Blvd
Area 3
Seller
$135,000,000
For Details Call Gary Pohrer 561.262.0856
101 Casa Bendita
Area 2
Buyer
$30,275,000
MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM
Palm Beach Pocket Listing
We could go on and on but would rather take this opportunity to invite you to call with any questions you may have about the Palm Beach market. Thank you for taking the time to review our report. We look forward to meeting you soon!
Highest and Lowest Sale Prices
The Pohrer Group 2019 Activity
The Bristol 5A
West Palm Beach
Buyer
PENDING
Highest Sale Price Q2-2019
Address
Area
Price
The Bristol 17D
West Palm Beach
Buyer
PENDING
Single Family
1295 S Ocean Blvd
Area 3
$104,990,000
310 Atlantic Avenue
Area 2
Buyer
PENDING
Condo
100 Sunrise Avenue 503
Area 2
$4,472,500
320 Dyer Road
West Palm Beach
Buyer
PENDING
Lowest Sale Price Q2-2019
Address
Area
Price
La Clara 901
West Palm Beach
Buyer
PENDING
Single Family
232 Cocoanut Row
Area 2
$707,000
Condo
235 Sunrise Avenue 3010
Area 2
$115,000
Active Properties
JUST LISTED
Palm Beach Condo Activity
Number of Residential Sales by Absolute Dollar Amount Below $2,099,999
$2,100,000 - $3,099,999 100 Royal Palm Way C-1 & C-2 | Palm Beach | $4,250,000 | Two Story Condo
Area 1
Area 2
Area 3
69
136
48
$3,100,000 - $4,099,999
3170 S Ocean Blvd. 403-N | Palm Beach | Reimagined Oceanfront Condo
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
41
40
21
13
50
AVG Sold Price per SF
$858
$882
$768
$723
$848
Median Sold Price per SF
$774
$764
$631
$642
$768
AVG Sale Price
$1,535,147
$1,526,254
$1,116,476
$763,038
$1,802,870
Median Sale Price
$1,200,000
$876,894.20
$825,000
$757,500
$1,237,500
AVG % of List Price Paid
90.21%
91.32%
92.72%
92.58%
87.93%
Median % of List Price Paid
92.660%
91.05%
94.65%
94.95%
90.01%
AVG Cumulative Days on Market
184
218
194
272
255
JUST SOLD
Sales-to-List-Price
$4,100,000 - $5,099,999
89.16%
236 Pendleton Avenue | Palm Beach | $2,995,000 | Prestigious Pendleton Ave
88.52%
3550 S Ocean Blvd. PH-E | Palm Beach | $3,700,000 | Luxury Oceanfront Living
89.35%
Above $7,100,000
By Price Point 86.71%
3
87.43%
Area 3
15
83.17%
Area 2
2
83.84%
Area 1
86.22%
$6,100,000 - $7,099,999
Single Family Homes 90.99%
All Residential
$5,100,000 - $6,099,999
90.39%
Under Contract
Q2-2019
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
2 4 10 18
Q2-2019
$15M+ $10M TO
$15M $5M TO
$10M UNDER $5M
7 4 17 29
Q2-2018
THE POHRER PORTFOL I O SINGLE FAMILY & TOWNHOMES
1 Q 8
AREA 3
19
CONDOS
34
- 20
41
SING LE
F
MORE PROPERTY DETAILS AT THEPOHRERGROUP.COM
A RE
AM
AVERAGE PRICE
E SALES HOM BY ILY A
13
13
AREA 2
AREA 1
Per Square Foot
Q1-2019 & CURRENT ACTIVES Area 1 Q2-2019 Solds
$1,165
Area 1 Q2-2019 Actives
$1,289
Area 2 Q2-2019 Solds
$1,047
Area 2 Q2-2019 Actives
$1,197
Area 3 Q2-2019 Solds
$1,164
Area 3 Q2-2019 Actives
$1,945
PALM BEACH
THE FLOW
Q2 - 2019
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
BEL VIAGGIO $42,000,000
Single Family & Townhome Activity Wells Rd & North (Area 1)
Bel Viaggio | North Palm Beach | $42,000,000
PALM BEACH RECORD BREAKING SALE
Palm Beach | Exclusively Offered at: $135,000,000
LISTED AND CLOSED
Palm Beach | Exclusively Offered at: $59,900,000
ThePohrerGrou p
Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
13
10
5
8
35
AVG Sold Price per SF
$1,165
$1,047
$1,086
$967
$952
Median Sold Price per SF
$1,169
$988
$968
$936
$901
AVG Sale Price
$7,989,228
$5,173,680
$4,380,700
$3,820,312
$5,626,866
Median Sale Price
$5,400,000
$4,175,000
$4,050,000
$3,525,000
$4,850,000
AVG % of List Price Paid
87.34%
91.73%
89.24%
90.74%
86.90%
Median % of List Price Paid
88.14%
94.72%
90.89%
90.385%
88.14%
AVG Cumulative Days on Market
282
193
267
279
307
Worth Ave North to Wells Rd (Area 2) Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
13
6
5
9
13
AVG Sold Price per SF
$1,047
$1,074
$906
$987
$967
Median Sold Price per SF
$878
$1,014
$1,094
$819
$856
AVG Sale Price
$4,379,923
$4,097,483
$4,593,000
$4,454,111
$3,815,124
Median Sale Price
$2,995,000
$4,117,451.70
$4,250,000
$3,640,000
$3,400,000
AVG % of List Price Paid
83.73%
93.61%
85.33%
87.74%
86.7%
Median % of List Price Paid
84.82%
93.015%
86.12%
91.09%
86.98%
AVG Cumulative Days on Market
344
352
213
393
238
South of Worth Avenue to Sloan’s Curve (Area 3) Q2-2019
Q1-2019
Q4-2018
Q3-2018
Q2-2018
Number of Sales
8
5
3
5
9
AVG Sold Price per SF
$1,320
$1,265
$1,237
$1,781
$1,440
Median Sold Price per SF
$1,333
$1,164
$1,097
$1,935
$1,431
AT DOUGLAS ELLIMAN ESTATE Contact us today forREAL a private and no obligation review of your property’s value.
AVG Sale Price
$6,871,968
$8,723,585
$11,420,000
$15,250,585
$20,302,516
Median Sale Price
$6,015,000
$7,100,000
$8,200,000
$10,750,000
$18,250,000
GARY POHRER Senior Director of Luxury Sales
AVG % of List Price Paid
88.73%
88.34%
95.64%
82.69%
79.45%
Median % of List Price Paid
90.115%
87.26%
98.99%
77.90%
81.25%
AVG Cumulative Days on Market
488
134
134
479
463
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.
Complete data analysis done using the Palm Beach Board MLS. Search date 07/05/2019 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).
ThePohrerGroup AT DOUGLAS ELLIMAN REAL ESTATE
RANKED #1 DOUGLAS ELLIMAN REALTOR IN PALM BEACH FOR SALES VOLUME (2017 & 2018) RANKED #2 DOUGLAS ELLIMAN REALTOR IN FLORIDA FOR SALES VOLUME (2018)