Palm Beach County’s housing market reported rising median prices along with reduced listing inventory in May 2018 as compared to May 2017, according to the latest housing data released by Florida Realtors®. 

Notable facts from the latest statistics include:

The Market for Single Family Homes and Condos/Townhomes is Different
The median price of closed sales in Palm Beach County for single-family homes continues to rise, with a 5.7% increase from the same period last year. The median price now stands at $354,000 for single-family homes. The median price has increased every month this year for single-family homes. 

The median price for condos and townhomes did go down somewhat this month as compared to the previous year, as well as month to…

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This 4 bedroom, 4.2 bath contemporary style home, that I found for my delightful buyers, sits on just under half an acre of land that precedes the dramatic lake view. 

With over 4,400 total square feet of living space that encompasses top-of-the-line amenities and elegant furnishings, this home sold for a $2,100,000! 

The magnificent estate has been completely renovated to embrace a more modern, yet inviting look. The hurricane-resistant, floor to ceiling windows beautifully accentuate the open floor plan to allow natural, bright light to engulf the entire home. Glamorous new additions such as Italian porcelain and wood floors, impressive custom kitchen cabinetry, opulent Thermador appliances, and a 24 inch wine cooler have been supplemented…

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Selling a home is a difficult and emotional process and obviously you want to get the highest price possible. There are many factors that affect the price that you will ultimately get for your house. Some of these include: recent past sales in your neighborhood (what appraisers look at), what is currently on the market (your competition), interest rates, and general market conditions. Additionally, you must keep your house in mint “show ready” condition, and make it easy to be shown. Lastly, your Realtor® needs to be an expert negotiator adept in marketing your home for maximum exposure. 

 

Price Reduction.

Setting an initial asking price is more art than science. Often, our sellers will want to price the property higher than what we recommend, so they will have…

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golden triangle

The Golden Triangle represents the neighborhood adjacent to Mizner Park in downtown Boca Raton. Encompassing the subdivisions of Boca Villas, Kings Court, and Whisem, the Golden Triangle neighborhood has become one of the hottest and most desirable communities to live in.

The neighborhood was characterized by small homes built primarily in the 1950’s. Beginning in the early 2000’s, many of the original homes have been demolished to make way for larger, more modern homes. Most of the original homes are now being sold for lot value, as both end users and developers have discovered the potential of living in one of Boca’s best locations.

Located north of Palmetto Park Rd, East of Mizner Park, and West of the Intracoastal, residents enjoy the…

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