Hedge funder’s Palm Beach house asking $20M tops luxury contracts as deals slow

A hedge funder’s Palm Beach house asking nearly $20 million went into contract last week after a year on the market, topping the list of luxury deals in the county last week.  Buyers signed 24 contracts between March 23 and March 29 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $149.1 million in asking dollar volume and averaged 102 days on the market. The previous week, buyers signed 33 contracts totaling $238.2 million. The report tracks signed contracts for single-family homes and condos asking $3 million or […]This article originally appeared on The Real Deal. Click here to read the full story.