Thursday, July 25, 2013

Real Time real-estate blog | The Palm Beach Post » Blog Archive » Singer Island luxury condo sold out, average unit price $2.3 million

For those adverse to tall buildings, shield your eyes if you click title for link to the article. This building was built in 2005 and is now sold-out, after having a difficult time during the Great Recession. $2.3 million as an average price per unit is pretty impressive. Not quite in the same league, but it is worth noting that our empty townhouses that were built during the boom period of the early 2000s are selling and not too empty anymore. In fact, we are seeing previously approved projects coming back in to either finish up their total approval or they are reviving their old plans. Stay tuned.

Like it or not, we do have an attractive location and that cannot be hidden for long.