Singer Island Market Update – 2nd Quarter 2019

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As we end the 2nd quarter of 2019, a decelerating of real estate activity can be seen on the island.  There were 86 condominium re-sales on Singer Island through the 2nd quarter of 2019, a twelve percent decrease over the same period in 2018; sales volume saw a 18% decrease as well decreasing from $80.6M this time in 2018 to …

Singer Island Market Update – 1st Quarter 2019

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The effect of a strong economy seems to be having a positive effect on real estate as we end the 1st quarter of 2019.  There were 36 condominium re-sales on Singer Island in 1st quarter of 2019, a twenty percent increase over the same period in 2018; sales volume saw a 7% increase as well increasing from $23M this time …

Singer Island Market Update – October 2017

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As we enter the last quarter of 2017, let’s take a moment to reflect on the first 10 months of the year.  The real estate market on Singer Island has not been as active as forecasted in the beginning of the year.  We expected volatility in 2016 with the contentious presidential election.  2017 proved to be a prosperous year for …

Singer Island Market Update – 3rd Quarter 2017

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“We are thankful that Hurricane Irma turned further west of the Palm Beaches than forecasted, minimizing damage to the area and allowing for a quick recovery. Our thoughts and prayers go out to those in other areas of Florida who have been affected by the devastation, and hope for a speedy recovery.” Entering the 4th quarter of 2017, we are …

Singer Island Market Update – 1st Quarter 2017

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“Keeping your finger on the pulse of the market is critical when looking to buy or sell your home.” The Walker Real Estate Group brings their customer base “Just the Facts” enabling them to make knowledgeable decisions with regard to the real estate world around us…” 2016 was an exceptionally unusual year in real estate; the presidential elections and unsettling …

Singer Island Market Update – January 2017

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Welcome 2017!  With 2016 behind us, being such an unusual year; we look forward to renewed real estate active in the coming months.  The northern winter has been mild so far this year; we will see what effect Punxsutawney Phil seeing his shadow has on the remainder of this Winter.  Season is in full swing at the Palm Beaches with …

Singer Island Market Update – July 2016

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Now in the midst of summer, we are feeling the cyclical nature of the Singer Island real estate market.  It shows a condo market still struggling to catch up with 2015 sales.  In July there were only 12 re-sale closings ranging from the mid $200s to the mid $2 million; plus 26 new listings. Let’s take a closer look at …

Singer Island Market Update – April 2016

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2016 has gotten off to a slower start than previous years with April condo re-sales at 20 units.  The year-to-date average for the first four months of the year for 2013 through 2015 has been 74 units; in 2016 that number was only 58. Let’s take a closer look at the results in oceanfront condominium re-sales for the first four …

Singer Island Market Update – January 2016

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Welcome 2016 to Singer Island!  January is behind us and a snowy winter has already pounded the northeast. Fortunately, Punxsutawney Phil did not see his shadow this year, thus calling for an early spring. Season is in full swing with crowed stores, restaurants and parking lots. Real estate wise, we have begun 2016 a little behind last year. Sales for …

Singer Island Market Update – November 2015

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Now that we are in the final month of 2015 and the holidays upon us, one has to ask – “Where did the year go?” It has been another good year for real estate on Singer Island. Condo sales volume has increased 25% over last year and the average condo square foot price is up 11%. That being said, November …