Medac founder’s Palm Beach house asking $12M tops signed contracts

Two listings in Palm Beach were the most expensive homes to find buyers in Palm Beach County last week.  Buyers signed eight contracts between July 14 and July 20 for luxury properties in Palm Beach County, according to a market report authored by Douglas Elliman’s Eklund-Gomes team. Last week’s homes under contract total $45.6 million in asking volume, and averaged 212 days on the market. That’s down from $90.3 million in asking volume for 12 homes the previous week. The report tracks signed contracts for single-family homes and condos asking $3 million and up in the Beaches MLS. It identified […]This article originally appeared on The Real Deal. Click here to read the full story.