Boca Raton spec mansion asking $80M poised to shatter city price record

The top luxury contract in Palm Beach County this week is a waterfront spec mansion poised to shatter the Boca Raton single-family price record.  Buyers signed 25 contracts between April 27 and May 3 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-Gomes team. That’s up from the 20 contracts buyers signed for $137.2 million the previous week. The homes that went pending last week total $242.3 million in asking dollar volume and averaged 99 days on the market.  The report tracks signed contracts for single-family homes and condos asking $3 million or more […]This article originally appeared on The Real Deal. Click here to read the full story.