Palm Beach mansion finds buyer at $32M amid foreclosure suit

A new-construction mansion in Palm Beach is under contract asking $32 million following a foreclosure suit, leading an active residential buying week across the county. Palm Beach County buyers signed 21 luxury contracts from Nov. 2 and Nov. 8, according to Douglas Elliman’s Eklund Gomes team, which tracks all residential listings in the county over $3 million. The contracts totaled $206.5 million in asking volume, on pace with the previous week’s $202.7 million across 17 contracts.  Of the contracts signed, 16 were for single-family homes. Their asking volumes totaled $174.8 million, or an average of $10.9 million each. They averaged […]

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