Friday, February 20, 2009

Just released: This year’s copy of the Evans Report. Palm Beach attorney, Leslie Evans, compiles the Evans Report annually. The report breaks down condo and single family home sales in geographic areas on the island.

For last year (2007) the average sales price of a single-family home was 5.11 million. This recent year (2008) the average sales price went up to $7.14 million.

The median single-family home price in 2007 was $3.5 million; the median home price in 2008 rose to $3.875 million. Median price is the price at which half the homes sold for less, and half sold for more.

Included in the report were 3 very publicized sales: Donald Trump’s home on 515 N. County Road in July – sold for $95 million. 1236 S. Ocean Blvd for 81.5 million and 60 Blossom Way for 68.5 million – both in April.


 

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