Market Updates

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...

Hot off the press! The 2023 Year End Market Report & December Numbers from Florida Realtors® are now available, providing an in-depth look at Palm Beach County's real estate trends. These reports offer a comparative analysis of year-over-year data, focusing specifically on single-family home statistics. In 2023, Palm Beach County experienced a notable increase in real estate activity. New listings...

Palm Beach County's inventory supply has risen by 18.2% from last year to 3.9 months, with a total dollar volume of $846.8 million this month, slightly higher than the $828.2 million reported in 2022. The county recorded 4,568 active listings, including 1,531 new ones, marking a 12.6% increase from November 2022. David Serle, the 2024 president of Broward, Palm Beaches & St. Lucie Realtors®,...

The October 2023 Market Update for Palm Beach County shows an 11.4% increase in new listings, totaling 1,757, and a 12.5% rise in the months' supply of inventory to 3.6 months, compared to the previous year. The county also saw a 3.5% increase in closed sales, with 1,086 transactions and 4,224 active listings, as reported by Chris Krzemien, President of Broward, Palm Beaches & St. Lucie Realtors®....