{"id":1419,"date":"2025-11-04T12:26:10","date_gmt":"2025-11-04T17:26:10","guid":{"rendered":"https:\/\/www.brickellsold.com\/blog\/boca-raton-spec-manse-asking-13-2m-tops-signed-contracts\/"},"modified":"2026-04-13T10:43:46","modified_gmt":"2026-04-13T14:43:46","slug":"boca-raton-spec-manse-asking-13-2m-tops-signed-contracts","status":"publish","type":"post","link":"https:\/\/www.brickellsold.com\/blog\/boca-raton-spec-manse-asking-13-2m-tops-signed-contracts\/","title":{"rendered":"Boca Raton Spec Manse Asking $13.2M Tops Signed Contracts"},"content":{"rendered":"<\/p>\n
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A Boca Raton spec mansion topped signed luxury contracts in Palm Beach County last week.<\/p>\n

Buyers signed 14 contracts between Oct. 20 and Oct. 26 for luxury properties in Palm Beach County, according to a report from Douglas Elliman\u2019s Eklund-Gomes team. The homes that went pending last week total $85.1 million in asking dollar volume and averaged 76 days on the market.<\/p>\n

The previous week, buyers signed 19 contracts totaling $126.4 million in asking dollar volume.<\/p>\n

The report tracks signed contracts for single-family homes and condos asking $3 million or more in the Beaches MLS. It identified 64 new listings, and a total of 1,127 active listings on the market.<\/p>\n

Of the properties that went pending last week, 10 were single-family homes and four were condos. For condos, the average asking price was $4.6 million, or $1,827 per square foot. They spent an average of 80 days on the market.<\/p>\n

The average asking price for the single-family homes was $6.7 million. They spent an average of 71 days on the market.<\/p>\n

The most expensive home to find a buyer last week was the 8,400-square-foot spec mansion at 17113 Northway Circle in Boca Raton, asking $13.2 million. Records show the seller is spec developer David Reich, who bought the 0.3-acre property for $2.6 million in July. The five-bedroom, six-bathroom, two-half bathroom mansion is set to be finished early next year, according to the listing.\u00a0<\/p>\n

It hit the market for $13.2 million on Oct. 29 and went pending one day later, Zillow shows. Mark Nestler and John Poletto with One Sotheby\u2019s International Realty have the listing.\u00a0<\/p>\n

The second-most expensive home to find a buyer last week is the 3,000-square-foot home at 1233 Church Lane in North Palm Beach\u2019s gated Lost Tree Village community, asking $11.5 million. Records show the seller is Pierre Michaud of Montreal, who bought it in 2011 for $1.7 million. The house was built on 0.2 acres in 1970 and has four bedrooms, four bathrooms, one half-bathroom, a pool and a dock, records and the listing show.<\/p>\n

It hit the market on Oct. 30, Realtor.com shows. David Reback and John Reback with Reback Realty have the listing.\u00a0<\/p>\n

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