Condo Prices in Northern Palm Beach County Remain 18% Ahead of Year Ago Prices


Sales Remain Steady as Prices Drop for 2nd Straight Month

Condo Prices

Despite falling for the 2nd straight month for the first time in well over a year the median condo price in the Northern Palm Beach County region remains firmly ahead of prices realized one year ago. As of January 1st the median sales price of $169,000 was 18% higher than year ago numbers but had dropped almost 5% over the past thirty days.

The drop over the past month however was significant and brings the median sales price of condos in the region to the lowest levels we have seen since May 1st of last year. The drop came amidst a big surge in sales as December condo sales in the region were up 25% from the previous month which is a very strong showing. Always interesting, always fun and if we can help you understand how these trends effect your real estate investments in the area please feel free to contact us at your convenience.

Fins up………

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Published by

Tom Priester

After spending years among the top individual performers at one of Palm Beach County’s largest and most successful real estate brokerages, Tom Priester knew there was another way to do real estate. A better way. Real estate services focused on the customer. Like the old days when the customer truly was #1. He tired of listening to why he should be going out to have his customers sign one sided buyers’ brokerage agreements. He tired of hearing how he should be selling customers why paying higher commissions, like 7% and 8%, was to their benefit. He tired of hearing how he should sell his clients on why they should be paying hundreds of dollars in additional “transaction fees”. The business had slid way too far from being focused on the customer. His customer. So he decided the time was right to be different…..by design. To start his own unique boutique real estate firm truly focused on his customers. They will now have access to a process focused on them. Only the best marketing techniques to sell their homes. No cutting corners. Commission structures based on his clients needs not his. Paradise Sharks was born out of Tom’s passion to return this business to the customer. Where it belongs. If you want a real estate experience that benefits you, just give Tom a call at 561 308-0175 or send him an e-mail at tom@paradisesharks.com. You can always pay more and receive less but that just would not make any sense. Would it?

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