Monthly Archives: March 2024

February 2024 Market Update Palm Beach County

February 2024 Market Update Palm Beach County
The February 2024 Market Update shows that Palm Beach County's inventory has surged, reaching 5,080 active listings, a 26.1% increase from last year. This month saw a 19.2% rise in overall dollar volume to $1.1 billion, with a median sale price of $615,000. David Serle, 2024 president of Broward, Palm Beaches & St. Lucie Realtors®, notes…
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Rental prices in Florida are gradually decreasing

Rental prices in Florida are gradually decreasing
Rental prices in Florida are gradually decreasing amid an unprecedented influx of new residents. Rent costs in Florida saw a significant year-over-year decline of 9.21% in January 2023, with an average monthly rent of $2,095, still higher than the national median of $1,964. While cities like Jacksonville experienced rent increases, others like Orlando and Miami…
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