11 Palm Beach real estate sales hit $35 million mark during busy summer
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3 huge mortgages, including one tied to a $66M loan, have Palm Beach links
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First -quarter Palm Beach real estate sales shatter price, volume records
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Palm Beach home sales skyrocket in fourth quarter, reflecting a go-go year: reports
Single-family Q4 home sales were up by more than 300 percent year over year, sales analyses show, with 2020 sales volume setting records in Palm Beach.
Darrell Hofheinz
It was the boom few would have predicted.
But one of the unanticipated effects of the coronavirus pandemic was that it helped light a fuse that sent Palm Beach real estate skyrocketing to record-setting heights in 2020, capped by a burst of fourth-quarter sales documented in a new round of sales reports.
The total number of single-family transactions 289 in Palm Beach last year jumped 122% over the previous year, according to the fourth-quarter report prepared by agent Suzanne Frisbie at Premier Estate Properties. And 2020 ended “with often-staggering, record-breaking highs,” Frisbie wrote in her report.