Oceanfront Real Estate
Luxury Oceanfront Homes for Sale
Florida Oceanfront Homes Real Estate Market Update
2013 finished a strong year of sales in the luxury oceanfront home market between Manalapan, Florida and Hillsboro Beach. Below is a quick analysis of the different towns covered and the real estate market:
Delray Beach saw the next highest closed sales price for an oceanfront home with $15,375,000. The prices in Delray vary greater than they do in Manalapan as we see the lowest closed price in the mid $3 million range.
Right now there are 38 oceanfront homes for sale in South Florida. All the homes for sale can be viewed either LuxuryOceanFL.com or LuxuryOceanfrontEstates.com. LuxuryOceanFL.com covers all real estate and LuxuryOceanFrontEstates.com pretty much just focuses in on the luxury homes.
oceanfront homes selling in this part of Southern Florida have been pretty consistent for the last several years. The strongest year had been 2011 with 26 sales. 15 of those 26 sales were only in Hillsboro Mile and Higland Beach, Florida. 2012 and 2009 were 'off' years with the closed sales coming in at just 16. With 20 closed sales in 2013, it just confirms the strength is showing it's face in the luxury oceanfront real estate market as well in South Florida.