According to the National Association of Realtors, the Spring season accounts for 40% of all yearly residential sales and this quarter was no exception. However, the biggest story of the quarter is the off market sale of Terry Allen Kramer’s 5 acre estate at 1295 South Ocean Boulevard. It is rumored that the sale price is more than $110M, making it the highest priced single family home sale for the island of Palm Beach. Read more.
Top 5 Sales
Top 5 Pending Sales
There are 143 active listings, down from last quarter. The most expensive listing is 1341 South Ocean Boulevard asking $109,500,000. The top 5 active listings are asking over $55,000,000.
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