Market Updates

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®....

The September 2023 Market Update indicates that in Palm Beach County Florida during the month of September $1 billion worth of properties changed hands. This represents a tidy 3.7% increase over September of last year. Furthermore, during the same time period, the median sale price in the county rose 3.4% to $600,000. The number of listings also rose by an astonishing 8.3% from last year's numbers,...

The August 2023 Market Update indicates that in Palm Beach County, the months supply of inventory has stayed at 2.9 months from July to August, representing a 7.4% increase from August of last year. The median sale price in the county has risen by 7.1% from last year to $605,000, but has remained relatively stable compared to the previous month. Housing transactions in Palm Beach County increased by...

Fresh off the press! The Florida Realtors® have unveiled their July 2023 market update report, showcasing the latest real estate trends in Palm Beach County. This report offers a comparative analysis based on year-over-year figures. Dive into the statistics for single-family homes below. As the inventory saw a year-over-year drop in July, the supply duration extended to 2.9 months—an elevation of 7.4%...