Archive for Palm Beach

Apr
19

In the News – April 19, 2015

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4/16/15:  Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Miami Beach Sales/Barrier Island Sales. Housing prices in the Miami Beach and Barrier Islands increased. Limited inventory and fewer distressed sales kept the pressure up. Higher prices and luxury new development brought more supply to the market, enabling more sales to occur.   See the full report at Elliman.com

 

4/16/15: Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Miami Costal Mainland Sales. The number of sales on the Miami Coastal Mainland increased as rising supply enabled more sales. Housing prices increased, especially within the condominium market as high quality newly developed units were sold off.    See the full report at Elliman.com

 

4/16/15: Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Boca Raton Sales.  Boca Raton luxury housing prices rose faster than the rest of the market. Inventory fell short of totals we saw last year that kept the pressure on housing prices. Limited supply pushed marketing times lower.  See the full report at Elliman.com 

 

4/16/15: Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Fort Lauderdale Sales. There were more sales in Fort Lauderdale than last year, as housing prices rose slowly. Buyers in most markets had more inventory to choose from and therefore properties took longer to sell.  See the full report at Elliman.com

 

4/16/15: Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Palm Beach Sales.  Palm Beach listing inventory remained scarce and marketing times were shorter, which kept the pressure on housing prices. More smaller-sized houses were sold than last year, especially within the luxury market.  See the full report at Elliman.com

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Oct
19

In the News – October 19, 2014

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10/15/14 Douglas Elliman Releases 3QTR 2014 Elliman Report for Miami Beach/Barrier Island Sales: Housing prices in the Miami Beach/Barrier Islands moved higher, pulling additional inventory into the market.  Although the market hasn’t kept up with last year’s blistering sales pace, the time to market a property fell.  Luxury housing prices gains continued to outperform the overall market.  See the full report at Elliman.com ; in Spanishin Portuguese 

10/15/14 Douglas Elliman Releases 3QTR 2014 Elliman Report for Miami Costal Mainland Sales:  Miami Coastal Mainland housing prices increased above last year’s levels.  The luxury housing market showed strong results as the size of the distressed housing market continued to fall.  Inventory increased as more sellers were drawn into the market by rising prices and the number of sales increased. .  See the full report at Elliman.com    in Spanish:  in Portuguese

10/15/14 Douglas Elliman Releases 3QTR 2014 Elliman Report for Boca Raton Sales:  Overall housing prices in Boca Raton were higher than last year as the number of sales declined from last year’s heavy volume.  Luxury housing market fell short of last year’s levels as marketing times and negotiability continued to fall, keeping the market tight.  See the full report at Elliman.com

10/15/14 Douglas Elliman Releases 3QTR 2014 Elliman Report for Palm Beach Sales:  Palm Beach housing prices jumped led by the luxury market and the shift to larger sized sales.  Listing inventory continued to fall across the majority of the market, keeping the pressure on prices.  Sales fell short of last year’s levels as marketing times declined, hampered by the lack of supply. See the full report at Elliman.com

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Jul
20

In the News – July 20, 2014

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7/18/14:  Elliman Releases 2nd Quarter 2014 Elliman Report for Miami Beach/Barrier Island Sales:  The Miami Beach/Barrier Islands markets saw housing prices continue to rise, bringing more inventory into the market after last year’s record lows. The prices of luxury condos increased faster than the overall market. The time to sell property fell as negotiability between buyers and sellers remained stable. See the full report at Elliman.com   In Spanish In Portuguese 

7/18/14:  Elliman Releases 2nd Quarter 2014 Elliman Report for Miami Coastal Mainland Sales: Housing prices along Miami Coastal Mainland also experienced both rising prices and an increase in inventory, as more sellers ventured into the market. The market continued to move at a fast pace, while marketing times continued to fall. Cash buyers still made up the majority of sales, especially in the condo market. See the full report at Elliman.com.  In Spanish. In Portuguese

7/18/14:  Elliman Releases 2nd Quarter 2014 Elliman Report for Boca Raton Sales:  Sales activity was strong in Boca Raton, rising well above the levels experienced last year. Housing prices were generally higher across all markets.  More inventory entered the housing market, with the exception of luxury condos, which experienced a large decline from last year, placing upward pressure on prices.  See the full report at Elliman.com.

7/18/14:  Elliman Releases 2nd Quarter 2014 Elliman Report for Fort Lauderdale Sales:  The luxury and overall Fort Lauderdale housing markets experienced both rising prices and inventory. Housing prices reached their highest level in 6 years, while overall sales volume remained stable. With the addition of more listings the pace has cooled somewhat, but remains fast.  See the full report at Elliman.com.

7/18/14:  Elliman Releases 2nd Quarter 2014 Elliman Report for Palm Beach Sales: Palm Beach was one of the few housing markets in the region to see inventory continue to fall, despite more listings seen at the upper end of the market. Declining inventory kept sales from rising. Marketing times were faster and prices for the single family market increased well above levels experienced last year.  See the full report at Elliman.com.

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Apr
20

In the News – April 20, 2014

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04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the Miami Market:  The Miami housing market began the year where it left off last year, having both the highest number of first quarter sales and the fastest marketing time in 8 years. Prices continued to rise, reaching their highest point since 2008 and it remains predominantly a cash market. Listing inventory is beginning to expand as sellers are being pulled into the market after several years of improving market conditions. Based on the fast start, we are excited about the year ahead.  See the full report at Elliman.com; in Spanish here;  and in Portuguese here.

 

04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the  Boca Raton Sales market:  The housing market in Boca Raton continued to move quickly with the fastest marketing times seen in at least 8 years. Overall sales activity fell short of prior year levels, but listing inventory is beginning to rise, and high-end sales are being held back by limited supply. We continued to be encouraged by the strength of the market and look forward to an active spring quarter.  See the full report at Elliman.com

 

04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the Fort Lauderdale Market:  Like prior quarters, the Fort Lauderdale housing market continued to see rising prices across all market categories. The trend of rising prices is beginning to cause listing inventory to rise from low levels as homeowners look to take advantage of the active market. The luxury market was a particular standout this quarter and we look to more of the same in the coming quarters.  See the full report at Elliman.com 

 

04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the Palm Beach Market:   The Palm Beach housing market continued to be challenged by limited inventory and faster marketing times. There was an uptick in large luxury sales in the quarter, but the overall lack of inventory across the market has kept sales from rising. Overall housing prices reached 5-year highs. We anticipate that these tight market conditions will continue through the spring.  See the full report at Elliman.com

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Jan
19

In the News January 19, 2014

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1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Miami Sales:  The Miami market rose to new heights at the end of 2013. Housing prices reached their highest level in five years and their highest fourth quarter mark in at least seven years.   Miami fourth quarter sales rose to a fourth quarter seven-year-high and marketing times fell to their fastest rate in seven years. Along with the improvements in the statistics, there remained a strong source of demand from both New York City and a number of international locations. We are excited about how the 2014 market is shaping up.  See the full report at Elliman.com In Spanish, In Portuguese

 1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Boca Raton Sales:  Housing prices in Boca Raton increased across all markets and sales activity remained high, but slipped below prior year levels. Overall and luxury properties took less time to sell compared to last year.  Along with rising prices and faster marketing times, we are beginning to see inventory edge up from very low levels as more homeowners look to enter the market. With a strong finish for 2013, we anticipate this momentum to carry into 2014.  See the full report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Fisher Island, FL Condo Sales:    See the report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Fort Lauderdale Sales:  Fort Lauderdale housing prices and condo sales were up from same time last year. Like other area markets, we are beginning to see inventory rise as more homeowners look to benefit from the stronger market. The time to sell a home continued to decline and cash sales still dominated the market. As the economy improves, we look to more gains in the coming year.  See the full report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Miami Beach Islands Sales:  See the full report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Palm Beach, FL Sales:  Overall housing prices for Palm Beach were up as inventory fell in the final quarter of 2013. There were fewer sales above $5M than a year ago and we saw more luxury inventory enter the market following a year with significant price growth. The pace of the single family market continued to move faster than the condo market. We are encouraged with the general strength of the market and look forward to an active 2014.  See the full report at Elliman.com

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Jan
21

In the News, Januray 20, 2013

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01/14/13 Manhattan’s storied co-ops take a backseat to new luxury condos – Manhattan’s once-fabled co-op addresses no longer command the biggest sales prices in the city, and have been upended by newer destination condominium addresses, real estate author Michael Gross writes in the Daily Beast  See the full article at The Real Deal   

01/17/13 Douglas Elliman Releases 4th Quarter 2012 Brooklyn Sales Report.  Listing inventory for the Brooklyn housing market continued to fall, reaching four-year lows that kept sales from rising.  Although mortgage lending remained tight, record low mortgage rates combined with limited supply of both re-sale and new development listings placed upward pressure on housing prices. With the expected improvement in our local economy, we are pleased with the direction of the Brooklyn housing market and look forward to an active market in 2013.  See the full report at Elliman.com  

01/17/13 Douglas Elliman Releases 4th Quarter 2012 Queens Sales Report.  In the final quarter of 2012, we continued to see inventory fall, reaching its lowest fourth quarter level in seven years. Record low mortgage rates and lack of inventory caused prices to rise in some markets. While a shortage of inventory kept more sales from occurring, properties sold more quickly as buyers and sellers moved closer together on price. We are encouraged by the constant improvement we are observing and look forward to an even better Queens market for 2013. See the full report at Elliman.com

01/18/13 Douglas Elliman Releases 4th Quarter 2012 Palm Beach Sales report.  There was a significant uptick in Palm Beach sales activity this quarter compared to the results last year. We also observed a significant shift towards high end properties as indicated by the jump in overall market prices and luxury market prices. The longer marketing times largely reflected older inventory being sold off. The market improvement has been an encouraging development that we expect to see through most of 2013.  See the full report at Elliman.com