Palm Beach mansion asking $50M tops luxury contracts

The top contract in Palm Beach County this week is a longtime media executive’s Maurice Fatio-designed mansion asking $49.5 million.  Buyers signed 26 contracts between May 4 and May 10 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-Gomes team. The previous week, buyers signed 25 contracts for $242.3 million.  The homes that went pending last week total $197.7 million in asking dollar volume and averaged 120 days on the market.  The report tracks signed contracts for single-family homes and condos asking $3 million or more in the Beaches MLS. It identified 40 new […]This article originally appeared on The Real Deal. Click here to read the full story.