Summer slowdown: Palm Beach County weekly condo sales drop to $24M

by Kate Hinsche, Adam Farence

Palm Beach County’s condo sales and dollar volume dipped last week.  Brokers closed 57 condo sales totaling $23.5 million from July 21 to July 27. That’s down from 77 condo sales totaling $34.3 million the week prior. Last week’s units sold for an average of $411,834, lower than the $445,079 average price from the previous week. The average price per square foot rose to $288 from $265, according to data from Redfin. For the top 10 sales, prices ranged from $540,000 to $2.9 million.  Unit 1811 at Two City Plaza at 701 South Olive Avenue in West Palm Beach took […]This article originally appeared on The Real Deal. Click here to read the full story.

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