Palm Beach luxury contracts slow after mid-April frenzy

Palm Beach County’s luxury buyers slowed their roll following a mid-month frenzy of contracts. Buyers signed 20 contracts between April 20 and April 26 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-Gomes team. That’s down from the 44 contracts buyers signed for $326.8 million the week prior. The homes that went pending last week total $137.2 million in asking dollar volume and averaged 133 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 42 new listings, and […]

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