The Palm Beach market felt the effects of an unbridled second quarter during 3Q, with severely limited inventory and rising home prices.
Tag: Quarterly Reports
Third Quarter 2021 marked the most active quarter for apartment closings on record, surpassing the previous quarter high.
With a record-setting sales volume that topped $9.5 billion, Manhattan experienced its strongest summer in 14 years.
The East End roared into the second quarter: Compared with 2020, closed sales jumped 91 percent in the Hamptons and 95 percent on the North Fork.
The Palm Beach market experienced an extraordinary 2Q — its strongest quarter on record, in fact, with closed sales volume exceeding $1.5 billion.
Brooklyn’s second quarter saw the highest number of closed sales on record, as eager buyers continued to flock to the borough seeking space and value.
This quarter, closings and signed contracts soared, bringing inventory down from last quarter and helping to stabilize pricing.
The East End powered into 2021 with a huge first quarter: Closed sales jumped a huge 89 percent in the Hamptons and 55 percent on the North Fork.
The Palm Beach market remains white-hot, with the number of closed sales up 109% and closed sales volume hitting a record high, exceeding $1.2 billion.