Since the beginning of 2016, 58% of the sales in Palazzo have been cash sales with 3BR units being the most popular by far.
Q3 sales were down 50% and are down 58% for the year.
Although the NUMBER of sales is lower in Palazzo, demand is still solid. Units sold 42 days sooner in Q3 (year over year) and there are only 6 units for sale.
Prices continue to trend up in Palazzo moving up an impressive 7% in Q3 (year over year) alone.
The highest sales prices and highest price per square foot (except for one off-market sale in Calypso) are found in Palazzo.
* Data Analysis by The Duran Group at Pelican Real Estate uses data from Bay County Association of Realtors MLS service. Information is deemed correct, but not guaranteed. The Duran Group analysis, summaries, and conclusions are based on our professional opinions. *