Market Updates

The April 2024 Market Update for Palm Beach County indicates that as summer grows near, at a time of year when more consumers arrive in South Florida, Palm Beach County's inventory has increased to 5,017 active listings, which represents a staggering 37.8% jump from last year, with a 4.4 months supply of inventory. In April 2024, the county saw over $1.6 billion in dollar volume from 1,402 closed sales....

The March 2024 Market Update for Palm Beach County indicates that as the moving season draws near, inventory is increasing. Palm Beach County's property listings have risen to 5,066, marking a 30.7% increase from last year. The county now has a 4.4-month supply of inventory, up 37.5% as buyers evaluate their options. The average sale price stands at $1,196,445, contributing to a total sales volume of...

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 a 26.5% increase in new listings compared to February 2023,...

January 2024 Market Update for Palm Beach County Shows Rise in Available Inventory The January 2024 update indicates that Palm Beach County experienced a notable increase in inventory, up by 16.6% from January 2023, totaling 4,900 active listings. New listings also rose by 12.9% to 1,904 from 1,687 last year. The median sale price in January increased by 5.6% to $615,000. This month, the county closed 811...