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Million-Dollar Condo Contracts Jump 300% in Palm Beach County

Palm Beach Florida condos graphic palm trees and porches

Photographer: Education Images/Getty Images

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.