2025 Real Estate Trends indicate that Florida’s housing market may be shifting toward a buyer’s market. This is especially true in certain areas, according to Florida Realtors® Chief Economist Dr. Brad O’Connor. Single-family homes ended 2024 with 4.7 months of supply - just below a balanced market. Condos and townhouses entered buyer’s market territory with 8.2 months of supply. Inventory rose...

The 2024 Year End Market Report & December Numbers reflect that in 2024, the median sale price rose by 5.5%, while the median time to contract increased significantly by 41.9%, reaching 44 days. Palm Beach County saw stable metrics overall, except for a 23.2% rise in active listings, ending the year at 5,637—a trend likely to persist throughout 2025. Click on the images below for an enlarged view,...

The November 2024 Market Update reveals that Palm Beach County's inventory supply rose 6% from last month to 5.3 months, with active listings reaching 5,828, including 1,610 new listings—a 4.6% monthly increase. The county also saw a boost in dollar volume, now at $905.7 million compared to 2023. Click here for the full market report, or on the images below for an enlarged view of them: Call...

The October 2024 Market Update reveals that as 2024's final quarter began, Palm Beach County's inventory had grown to 5,568 active listings, a 31.8% year-over-year increase. The median time to contract has risen to 45 days, reflecting longer closing times or fewer cash sales. Click here for the full market report, or on the images below for an enlarged view: Barry Frette is a seasoned...