Million-dollar condo deals in Florida’s Palm Beach County surged last month, a sign that the area’s pandemic-fueled real estate boom is spreading beyond single-family homes.
Signed contracts for condos worth at least $1 million jumped 300% from a year earlier to 36, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. Across all price ranges, pending condo purchases in the county were up 155% to 612.