Palm Beach County has terrific transparency for home sales and assessed values from a great website:
http://www.pbcgov.com/papa/aspx/GeneralSearch/GeneralSearch.aspx
From the palm beach county tax records of transactions, it is clear that current price per square foot is NOT anywhere near the $1000 / sq ft that is quoted by real estate agents in palm beach:
$544 per sq. ft. 695 S County Road (Dec. 2008)
$438 per sq. Ft. 280 Orange Grove (Dec. 2008)
$357 per sq. ft. 402 Primavera (Jan. 2009)
$366 per sq. ft. 2267 E Ibis Isle (Dec. 2008)
$646 per sq. ft. 166 Everglades (Nov. 2008)
$561 per sq. ft. 4 Lagomar (Oct. 2008)
$305 per sq. ft. 222 Cherry Lane (Oct. 2008)
Saturday, February 21, 2009
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