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Pierre Verbeke, Lenson Realty, Inc.

Pierre Verbeke



Your Boca Raton, Florida Oceanfront Condos Expert

CIPS (Certified International Property Specialist).

Bilingual: français and English.

International businessman with outstanding interpersonal and tested negotiation skills. Dedicated and committed to exceptional customer service.

Hobbies and Sports: photography, travel, golf, exercise

Sale Performance: April 23, 2010 up to Now

  • 24 condos sold ($12,319,000)
  • Seller Agent: 20 times.
  • Buyer Agent: 7 times.


What's News

Between January 2012 and January 2015, the Average Sale Price of the Townhouses/Condos in Palm Beach County increased by 53.12%!

As a result, a condo which was worth $400,000 in January 2012 was worth $612,000 in January 2015!


Palm Beach County Market Statistics

February 2015

Condo/Townhouses                02-2015     02-2014       Percent Change

Closed Sales                            990             1,017             -2.7%

Cash Sales                               727             786                -7.5%

Average Sale Price                  $223,093   $208,947       +6.8%

Av. % of Orig. List Price Rec. 91.9%       91.0%             +1.0%

Months Supply of Inventory   6.0              5.9                +2.2%

(Source: Realtors Association of the Palm Beaches)

Prices continue to increase in 2015...


January 2015

Condo/Townhouses                01-2015     01-2014       Percent Change

Closed Sales                            922             1,003              -8.1%

Cash Sales                               634             754                -15.9%

Average Sale Price                  $228,649   $199,879       +14.4%

Av. % of Orig. List Price Rec. 91.0%       92.7%             -1.8%

Months Supply of Inventory   6.0              5.5                 +9.2%

(Source: Realtors Association of the Palm Beaches)

"Low interest rates, rising rents and healthy job markets are enticing buyers to pursue the "American Dream" nationwide. However, many buyers have singled out Palm Beach County for our beautiful coastline, exceptional golf courses and world-renowned equestrian sports," said Matt Halperin, 2015 President of the Realtors Association of the Palm Beaches (RAPB).


December 2014

Condo/Townhouses                12-2014     12-2013       Percent Change

Closed Sales                            1,120          1,049           +6.8%

Cash Sales                               789             742              +6.3%

Average Sale Price                  $213,913   $182,827     +17.0%

Av. % of Orig. List Price Rec. 91.09%       92.4%          -0.5%

Months Supply of Inventory   5.6              5.4               +3.7%

The Yearly Market Summary for Condos/Townhouses shows that the Average Sale price increased a substantial 15.4% between 2013 and 2014!

(Source: Realtors Association of the Palm Beaches)


November 2014

Condo/Townhouses                11-2014     11-2013       Percent Change

Closed Sales                             847            980              -13.6%

Cash Sales                                583            727              -19.8%

Average Sale Price                  $204,315   $202,880     +0.7%

Av. % of Orig. List Price Rec. 92.1%        92.5%          -0.4%

Months Supply of Inventory   5.6             5.4                +3.7%

During the month of November, we saw momentum year-over-year in the Condos/Townhouses market. New pending sales were 5.1% higher and most importantly, the monthly supply of inventory climbed 3.7% year-over-year, positioning this market towards healthier inventory levels in 2015 and the potential for a higher number in closed sales.

(Source: Realtors Association of the Palm Beaches)


October 2014

Condos/Townhouses              10-2014       10-2013     Percent Change

Closed Sales                             1,175           1,135         +3.5%

Cash Sales                                 803             830            -3.3%

Average Sale Price                   $202,698    $199,160   +1.8%

Av. % of Orig. List Price Rec.  92.2%         93.4%        -1.3%

Months Supply of Inventory    5.5               5.1             +8.3%        


October is typically an active month during the fall season for real estate as the first wave of snowbirds migrate south in search of warm refuge. With a healthy economy in place, Palm Beach County is becoming increasingly popular, and more snowbirds are opting to invest in second homes to escape harsh weather over the holidays. In the Townhouse and Condo sector, we have seen a significant amount of inventory enter the market. In fact, it posted the highest amount of new listings since the first quarter of this year, a rare trend for this sector.

(Source: Realtors® Association of the Palm Beaches)


September 2014

Condos/Townhouses              09-2014       09-2013     Percent Change

Cash Sales                               682              803             -15.1%

Average Sale Price                  $205,596    $178,526    +15.2%

Median Days on Market          63                48                +31.3%

Months Supply of Inventory   5.3               4.9               +7.8%

With a healthier economy, the market continues to be strong. And it should even be better in the coming months as buyers start flocking to South Florida to escape the impending cold weather that the fall months typically bring.

(Source: Realtors Association of the Palm Beaches)


August 2014

Condos/Townhouses              08-2014      08-2013     Percent Change

Cash Sales                               728              831             -12.4%

Average Sale Price                  $216,779    $175,487    +23.5%

Median Days on Market          56                48               +16.7%

Months Supply of Inventory   5.2               4.6              +15.0% 

As long as the economy remains healthy, the Palm Beach County real estate statistics will continue to show growth. The "townhouse and condo" sector Active Listings are 7.8% higher and Months Supply of Inventory is 15% higher compared to a year ago. These statistics are very encouraging because the only way we are going to see continued growth in this sector is through an increase of inventory like it is also the case in the "single family home" sector.

(Source: Realtors Association of the Palm Beaches)

Contact me at 561-706-6263 for more information and showing. 


Customers reviews

I listed my condo with Pierre and Marie-Louise because the team Verbeke has reputation, market knowledge, great marketing programs and oceanfront condos expertise. I was very satisfied with the services they provided: rapid sale (less than 5 weeks) and I got a sold price close to the asking price. Pierre and Marie-Louise are very professional real estate agents. I certainly would recommend them to anybody who wants to sell an oceanfront condo!

Barbara G., May 2014


"Marie-Louise and Pierre are extremely professional and quite knowledgeable of the current markets locally and globally.
They work diligently to market your property and Marie-Louise is very helpful in telling you what improvements need to be made, if any, to make your property more appealing even to the most discerning buyer. Together, they make a great team and were a pleasure to work with. I had no worries when it came time to handle my closing. They were there every step of the way. I would highly recommend Marie-Louise and Pierre."

Sandra F., March 2014


"We listed our oceanfront condo in Boca Raton with the "Team Verbeke" because of their market knowledge, reputation, marketing programs and expertise. Showings were conveniently done to our wishes and our unit sold for close to desired price in a very timely matter (6 weeks). Marie-Louise and Pierre are both professional and caring: we were satisfied with their services and would definitively recommend them to anybody who needs to sell a property!

Eileen M., May 2014


Dear Pierre,

Thank you so much for helping us sell our L-L condo at Whitehall for close to the desired price and in just 8 weeks.

We have appreciated your professionalism, your knowledge of the market, your permanent communication and your negotiation skills.  It was also reassuring to have you at Whitehall while we were back in Washington, D.C. to do the coordination and the follow up of the repairs jobs that needed to be done in our unit before the closing: you certainly are a very efficient Manager!  Everything took place as scheduled and the closing happened on time.

Please also convey to Marie-Louise our thanks and gratitude for the outstanding job she did for us: she found in a very short period of time, the right apartment to rent for the winter at "Lake House South" and we enjoyed it so much.

It was a real pleasure to work with you both!  We definitively will recommend the "Team Verbeke" to any of our friends and family.


Ellen and Stanley A., January 2, 2014


Pierre Verbeke was our listing agent for our Whitehall condo in Boca Raton.
He was very professional and did an excellent job communicating with us
through the entire process from listing until closing. Pierre was there for every
showing and we had weekly updates from him with comments from every
showing. Pierre was very helpful pricing and completing the sale of our unit.
Jim and Pam H., February 2014
 "What we most enjoyed and appreciated working with Pierre, is that while every detail was taken into account and handled with utmost importance, he was also a real person that understood the emotions that come along with buying and selling a property. Pierre also DID NOT make our real estate transaction seem like "Lets Make A Deal", he reacted immediately when things needed to be handled, as well as giving each situation or question that would arise some thought- Pierre based things on FACTS!! Key item in buying and selling properties! We plan to use Pierre again when buying in So. Florida in the future!! Amazing realtor!"

Randi & Jim D., September 6, 2013


See more reviews in "My Blog"!


Amis Canadiens,

Si vous cherchez un agent immobilier qui parle le français comme langue maternelle, qui vit en Amérique depuis plus de 25 ans et qui connait bien le marché des appartements sur la plage de Boca Raton en Floride du sud, votre recherche est terminée. Je vis à Boca Raton depuis 1999 et dans un appartement situé sur la plage, depuis 2005: les levers de soleil sur l'ocean atlantique sont fantastiques! Comme vous le savez, les prix ont chuté de 40% depuis 2006. Et même si le "median sale price" pour les condos/townhouses est remonté de $178,000 a $205,000 (+15%) entre Septembre 2013 et Septembre 2014 (Reference: Realtors Association of the Palm Beaches, Septembre 2014), il y a encore aujourd'hui des occasions exceptionnelles a saisir. Contactez-moi sur mon téléphone portable (561)706-6263 ou faites votre recherche vous-même: c'est très simple et très amusant! Si vous voulez voir quelques photos de Boca Raton, allez sur "My Blog" et "clicker" sur "Pictures of Boca Raton". J'espère vous parler bientôt!


Whitehall Beach on Boca Raton Beach, South of the Inlet


Whitehall 2000 is today one of the best Real Estate investment on the beach of Boca Raton, Florida!

This 164 units (2BR, 3BR) condominium completed recently a $10 million renovation: new Hurricane-proof windows/sliders and concrete restoration of all balconies/catwalks. New brick-pavers in the driveways and in the parking spaces. New bathrooms and saunas next to one of the largest pools along the beach of Boca Raton. New "State of the art" 1,300 square foot Fitness Center.  Freshly renovated lobby, card room and social room.

Price range: from $400,000 up to $1,300,000. I am the resident real estate consultant. Call me or text me on my cell phone: 561-706-6263 for more information.  


Whitehall Condominium seen from the beach



Whitehall Pool


 Whitehall Lobby


Whitehall "State of the Art" 1,300 SqFt Fitness Center



View more Pictures of Whitehall 2000

View units for sale at Whitehall and on Boca South Beach





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Contact me at 561-706-6263 for more information!

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2 beds/2.2 baths
Listing courtesy of Lenson Realty Inc.
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2 beds/2.1 baths
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2 beds/2 baths
Listing courtesy of Illustrated Properties/Delray
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3 beds/2 baths
Listing courtesy of Carrington Real EstateServices
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6 beds/5 baths
Listing courtesy of GSIG, LLC
Featured picture for the property RX-10102617
1620 NW 11th Street
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Listing courtesy of Sell It Quick Realty

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