A mansion in the Seminole Landing community of North Palm Beach led luxury home contracts in Palm Beach County last week. According to a report from Douglas Elliman’s Eklund-Gomes team, buyers signed 11 contracts for high-end properties between October 13 and October 19. The total asking price for these homes was $67.4 million, with an average of 119 days spent on the market.
The previous week saw 10 contracts signed with a combined asking price of $47.6 million.
The Eklund-Gomes report tracks single-family homes and condos listed at $3 million or more in the Beaches MLS. Last week, there were 58 new listings and a total of 1,078 active listings on the market.
All properties that found buyers last week were single-family homes. The average asking price was $6.1 million, or $1,151 per square foot.
The most expensive pending sale is a mansion at 1162 Banyan Estates Drive, listed at $15.9 million. Property records show Monica and David J. Hill bought the property for $1.9 million in 2017 and completed construction in 2020. The house features five bedrooms, five bathrooms, three half-bathrooms, as well as amenities including a pool, spa, putting green, half-basketball court, and pickleball court. The home was originally listed for $19.2 million last year but underwent four price reductions before finding a buyer. Elliot Koolik and Richard Entel with Compass represent the listing.
The second highest contract last week was for a home at 10960 Monte Rosa Drive in Palm Beach Gardens with an asking price of $7.3 million. This property will be among the first closings in Panther National golf community developed by Dominik Senn’s Centaur Holdings—a development planned to include 218 single-family homes and which has achieved over $330 million in presales since its launch in 2023. Designed by Max Strang, this home offers five bedrooms, four bathrooms, two half-bathrooms, and a pool; Jonas Mikals with Living by IMI holds this listing.
