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
What's News in the Palm Beach County Townhouses/Condos Market?
Condo/Townhouse Statistics Dec 2015 Dec 2014 % Change
Closed Sales 1,161 1,120 +3.7%
Median Sale Price $155,000 $140,000 +10.7%
Median Days on Market 39 50 -22%
Avg. of Orig. List Price Rec. 92.4% 91.9% +0.5%
Inventory (Active Listings) 6,123 6,237 -1.8%
Months Supply of Inventory 5.2 5.6 -7.4%
National Forecast for 2016
NAR predicts modest home sale increases in 2016.
National Association of Realtors (NAR) Chief Economist Lawrence Yun cites pent-up demand, sustained job growth and improving inventory conditions as his reasons for an expected gain (from 2015) in new and existing home sales between 1 and 2% and in prices between 5 and 6%. Yun cited rising mortgage rates, home prices that still outpace wages and shaky global economic conditions as headwinds that will likely hold back a stronger pace of sales.
Condo/Townhouse Statistics Nov 2015 Nov 2014 % Change
Closed Sales 865 847 +2.1%
Median Sale Price $140,000 $133,000 +5.3%
Median Days on Market 36 54 -33.3%
Avg. of Orig. List Price Rec. 93.1% 92.1% +1.1%
Inventory (Active Listings) 6,170 6,231 -1.0%
Months Supply of Inventory 5.2 5.6 -6.8%
Although we are still in a seller's market, November statistics showed signs that we are moving towards a more neutral real estate market that favors neither seller nor buyer. If you have been on the fence about listing your property, now is the time to sell (Source: Matt Halperin, RAPB President).
Condo/Townhouses Sept '15 Sept '14 %Change
Closed Sales 1,183 1,018 16.2%
Cash Sales 727 682 6.6%
Average Sale Price $227,886 $205,596 10.8%
Median Days on Market 45 63 -28.6%
Av% of Orig. List Price Rec. 92.1% 91.3% 0.9%
Months Supply of Inventory 4.6 5.3 -12.7%
Palm Beach County: Condos Sales Back to Double-Digit Gain!
Although the number of Palm Beach County condos/townhouses sales increased only 1.6% for August, we are back to a double-digit gain for September with 16.2% year-over-year. The average sale price climbed 10.8% and the median days on the market continued to decrease from 63 to 45 days. (Source: RAPB).
Condos/Townhouses Aug 2015 Aug 2014 % Change
Closed Sales 1,086 1,069 +1.6%
Cash Sales 667 728 -8.4%
Average Sale Price $211,478 $216,779 -2.4%
Median Days on Market 45 56 -19.6%
Avg % of Orig. List Price Rec. 92.4% 91.7% +0.8%
Months Supply of Inventory 4.5 5.2 -13.3%
Why are home sales leveling off?
Closed sales increased a mere 1.6% and cash sales decreased 8.4%. Overall sales below $150,000 declined. Meanwhile, the other indicators point toward continued strong demand and tight supply.
“In August, home sales leveled off due to a significant decline in cash sales. However, the number of financed transactions have increased year-over-year, and now that the Federal Reserve has opted to keep interest rates near zero, we expect to see borrowers continue to obtain financing in the coming months. If you are selling your home, we encourage you to be more receptive to offers with financing contingencies in light of the shrinking number of cash buyers,” said Matt Halperin, 2015 President of the Realtors® Association of the Palm Beaches (RAPB).
Sunrise on the Atlantic Ocean, Boca Raton, Florida
Contact me at 561-706-6263 for more information.
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
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
See more reviews in "My Blog"!
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. 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 in 2010 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. The pool, pool deck and garage are presently getting renovated with a $5 million budget. The completion is scheduled for fall 2015 and it will look terrific with its new Jacuzzi, permanent BBQ corner, etc...
Contact me on my cell phone: 561-706-6263 for more information.
Whitehall Condominium seen from the beach
Whitehall "State of the Art" 1,300 SqFt Fitness Center
List Prices from $150,000 up to $6,000,000
Toscana, Highland Beach
Highland Beach Club, Highland Beach
List Prices from $175,000 up to $7,400,000
Contact me at 561-706-6263 for more information!
859 Jeffery Street #8120
Boca Raton, FL 33487
1 beds/1.1 baths
464 NE 4th Street
Boca Raton, FL 33432
4 beds/4.1 baths
1301 SW 2nd Street Street
Boca Raton, FL 33486
4 beds/3 baths
|View All New Listings (57)|
199 NW 7th Street
Boca Raton, FL 33432
3 beds/2 baths
951 NW 4th Court
Boca Raton, FL 33432
5 beds/5 baths
4720 S Ocean Boulevard
Boca Raton, FL 33487
5 beds/5.1 baths
DIRECT OCEAN, BEACH and POOL VIEWS FROM THE LIVING ROOM, DINING AREA, KITCHEN and BREAKFAST NOOK. City views from the bedrooms facing West. Spectacular sunrises and sunsets from the unit! This 2BR/2BA located on the 4th floor features HURRICANE-PROOF GLASS SLIDERS & WINDOWS, an updated kitchen with tall cabinets, granite counters/back splashes, stainless steel refrigerator and oven. NEW DESIGNER REMODELED BATHROOMS (2015) WITH GRANITE/QUARTZ COUNTERS, CUSTOM VANITIES, MARBLE FLOOR, FRAME-LESS MARBLE/TILE SHOWERS AND DECORATOR FINISHES. NEW SOLID WOOD DOORS, FRESHLY PAINTED, VENETIAN PLASTER IN ENTRY FOYER, DINING AREA & LIVING ROOM, GLASS SLIDING CLOSET DOORS IN MASTER BEDROOM, NEW WATER HEATER (2015). Crown molding & baseboards, TILED OCEANFRONT BALCONY.