Market Updates

https://vimeo.com/566117685 Market Update May 2021 "The momentum keeps building in the Palm Beach County housing market! Closed sales increased 90.7% to 1,890 and median sale price rose 30.1% to $475,000 year-over-year. It's safe to say that there is a ton of excitement happening in South Florida and homebuyers recognize the investment opportunity as the market continues to thrive," said Karen...

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...

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...