Palm Beach County weekly condo sales dip to $31M
Palm Beach County’s condo sales and dollar volume dropped last week. Brokers closed 76 condo sales totaling $31.4 million from Aug. 4 to Aug. 10. That’s down from 94 condo sales totaling $37.1 million the week prior. Last week’s units sold for an average of $413,454, higher than the $395,110 avera
“The world turned”: Why developers are selling South Florida multifamily sites
A developer planned to complete a 141-unit apartment building in Miami’s Wynwood Norte neighborhood last year. The project was first revealed in the fall of 2022. Yet, instead of starting construction, Evolve Companies listed the six-lot assemblage for sale this spring, asking $14 million. Across
Florida Home Prices Ease With More New Homes
Home prices rose slightly in most U.S. metros in Q2, NAR said. In Florida, prices have leveled off or grown only slightly as new construction adds more homes.
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