The Florida Realtors has released their March 2023 Reports. Palm Beach County is experiencing a 6.3% increase on the median home price year-over-year hitting $575,000. The county’s inventory also continues to climb. “Palm Beach County’s increase in median home price and inventory has continued to rise from the start of the year,” says Chris Krzemien, President of Broward, Palm Beaches...
by Barry Frette
SUPPLY OF INVENTORY INCREASES AS PALM BEACH COUNTY SEES MORE ACTIVE LISTINGS Exciting news! The latest February 2023 reports from Florida Realtors® have just been released, offering a comprehensive analysis of recent real estate activity. These reports provide a year-over-year comparison, specifically focusing on single-family homes. Let's delve into the key statistics: Palm...
by Barry Frette
According to Chris Krzemien, President of Broward, Palm Beaches & St. Lucie Realtors®, the inventory in Palm Beach County continues to surge, with an impressive 143.3% increase, resulting in 4,202 active listings. Additionally, the county currently has a supply of inventory that amounts to 3.4 months. In response to the growing inventory and to maximize its potential, a special event called "Open...
by Barry Frette
“Housing inventory continues to rise in Palm Beach County! We’re starting to see supply levels improve with the help of increasing interest rates and inflation. In August, active inventory rose by 63.1 percent to 3,865 listings, and supply of inventory increased 92.9 percent to 2.7 months,” said Carlos A. Melendez, President of Broward, Palm Beaches & St. Lucie Realtors®. Inventory is the...
by Barry Frette
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