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Palm Beach County’s mansion market no longer closed for summer

For decades, Palm Beach County’s market for oceanfront mansions opened in the winter and closed in the summer. That’s changed, says Bill Yahn, regional senior vice president at Corcoran Group.

“Now some of our best months are July and August,” Yahn says.

As evidence, he points to this summer’s record-breaking sale of a Manalapan mansion.

Buyers shop in the summer in part because they think less competition means lower prices.

“I’m not sure at the end of the day they get a better deal,” Yahn says.

Source: Palm Beach Post
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Steven Presson is a Luxury Home Specialist and has listed and sold over several hundred million dollars in real estate sales from Highland Beach to Manalapan. He can be reached at 561.843.6057 or by email steven.