Watching the Winter Market in Palm Beach with a Top-Earning Realtor

 

Today’s market is favorable to both buyers and sellers, and is currently in a healthy equilibrium. With such stability, both are urged to act quick—time is not on anybody’s side when it comes to real estate. Here, Sotheby’s Realtor Cristina Condon offers exclusive insight on the Palm Beach market. 

Cristina Condon
Sotheby’s International Realty / 561.301.2211 / cristina.condon@sothebyshomes.com

Q: What interests you most about real estate and how did you land at Sotheby’s? 
A: I enjoy real estate as a profession because every day is different and brings new challenges, which is always exciting. It is always fulfilling when you find the perfect match for buyers and sellers. In 1982, I decided  I wanted to be a realtor. I picked Sotheby’s because it was a known brand and having lived in New York City, I knew my friends would recognize the name and would not forget where I worked.

Q: What real estate trends are you seeing in Palm Beach this winter?
A: We are seeing high demand for new construction and fully renovated homes. Also, open floor plans that are light and airy are appealing to today’s buyer. There is activity in all price ranges including houses and in-town apartments.

Q: What advice would you share with buyers and sellers based on the current state of the market?
A: Not to stand on the sidelines. For buyers, to take action quickly when you see something you like. For sellers, to take all offers seriously even when an initial offer seems low. Often times, the price can be worked out.

Q: Are there any up-and-coming areas around Palm Beach we should know about?
A: The north end of the island is in high demand, especially the new construction. In-town properties are also always sought after for the ability to walk to restaurants and shops.  Of course, waterfront properties remain of keen interest, both on the ocean and on the lake.

An apartment on Breakers Row in Palm Beach

Q: Tell us about some of your exclusive listings.
A: I am honored to represent very special properties in Palm Beach and Manalapan. For example, a 15-acre ocean-to-lake property, Gemini, and Acqua Liana, a 1.6 acre ocean-to-lake property—both in Manalapan. Also, there is a beautiful, direct ocean view apartment on Breakers Row