Palm Beach County condo sales jump in March to $362M

Palm Beach County’s condo sales surged last month, with total dollar volume and closings finishing higher than in February.

March condo sales totaled $362 million, rising from $266 million in February. Brokers closed 682 sales last month, up from 553 sales in February and 440 in January, Multiple Listing Service data from Redfin show.

March sale prices ranged from $50,000 to $12 million, with a median sale price of $290,000. The price per square foot ranged from $35 to $3,216, with a median of $245 per square foot.

In February, sales closed with a median price of $280,000, and $246 per square foot.

An $11.9 million closing at Kirkland House in Palm Beach took the title of priciest sale last month. Unit 3A at 101 Worth Avenue sold for $3,216 per square foot after 350 days on the market. Dana Koch with Corcoran had the listing.

The sale price was more than February’s priciest sale. Unit 9 at 1901 South Ocean Boulevard in Delray Beach sold for $6 million. 

In contrast, March’s cheapest sale was a Southport At Hunters Run condo at 13 Southport Lane in Boynton Beach. Unit A traded for $50,000 — or $35 per square foot — after 91 days on the market. Richard Ralston and Elana Sessler with Keyes had the listing. Jonathan Goldman with Compass Florida represented the buyer.

Here’s a breakdown of March’s notable condo sales:

Most Expensive

Kirkland House, 101 Worth Avenue, unit 3A, in Palm Beach | Price $11,930,000 | $3,216 psf | Year built: 1974 | Listing agent: Dana Koch with Corcoran

Least Expensive

Southport At Hunters Run, 13 Southport Lane, unit A, in Boynton Beach | Price $50,000 | $35 psf | Year built: 1980 | Listing agents: Richard Ralston and Elana Sessler with Keyes | Buyer’s agent: Jonathan Goldman with Compass Florida

Highest Price Per Square Foot

Kirkland House, 101 Worth Avenue, unit 3A, in Palm Beach | Price $11,930,000 | $3,216 psf | Year built: 1974 | Listing agent: Dana Koch with Corcoran

Lowest Price Per Square Foot

Southport At Hunters Run, 13 Southport Lane, unit A, in Boynton Beach | Price $50,000 | $35 psf | Year built: 1980 | Listing agents: Richard Ralston and Elana Sessler with Keyes | Buyer’s agent: Jonathan Goldman with Compass Florida

Newest

Boca Beach Residences, 725 South Ocean Boulevard, unit 103, in Boca Raton | Price $8,125,000 | $2,599 psf | Year built: 2023 | Listing agent: Steven Bernstein with Lang Realty/Delray Beach | Buyer’s agent: Gregory Frank with Compass Florida

Oldest

Palm Beach Towers, 44 Cocoanut Row, unit 122B, in Palm Beach | Price $1,825,000 | $1,217 psf | Year built: 1956 | Listing agent: Fern Fodiman with Sotheby’s International Realty | Buyer’s agents: John Forgatch and Michael Culley with Compass Florida

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