Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in the Palm Beaches. The reports compare year-over-year data for April. "Palm Beach County closed sales skyrocketed in April! We saw a 67 percent increase to 1,989 year-over-year. It's amazing to see how the market has developed since the COVID-19 pandemic struck America. When faced with...
Market Updates
Palm Beach County median home prices rises to an all time high at $466,000. Barry Frette personally has clients wondering what the market is going to look like in a few years. Is it still going to be a "high demand" market in a few years? Should I buy now? Are interest rates going to rise? Due to the high state income taxes in New York and also other factors, many people are fleeing the northeast....
Single-family home sales were up by 18% year-over-year, median sales price up 155.1%, condo sales up 24.6%, median price up 15%. Chief Economist O'Connor: Closed sales in January 2021 were "way, way above our historical average," which is likely for most, if not all, of 2021. You can read full article here: Florida Housing Market - Click...
Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in the Palm Beaches. The reports compare year-over-year data for January. Here are statistics on single family homes. "Last year's trend of monthly increases in closed sales and median price looks to be continuing into 2021! The steady rise in both categories along with a low supply of...