Category Archives: Delray Beach Luxury Communities

September 2024 Market Update Palm Beach County

September 2024 Market Update Palm Beach County
The September 2024 Market Update for Palm Beach County reveals 932 sales, down 15.4% year-over-year. Inventory rose to 5,424 active listings, which represents a 44.1% increase from last year and slightly higher than last month. Total sales volume also declined, ending the month at $935 million. Click here for the full market report, or on the…
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Modest Increase in Home Listings Sparked by Mortgage Rate Decline

Modest Increase in Home Listings Sparked by Mortgage Rate Decline
Modest Increase in Home Listings The recent decrease in mortgage rates has led to more homeowners listing their properties, yet the modest increase in home listings is still not enough to bring the housing market's inventory back to pre-pandemic levels. Active listings in the U.S. rose by 4.9% in December year-over-year, with a significant 9.1%…
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October 2023 Market Update Palm Beach County

October 2023 Market Update Palm Beach County
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…
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September 2023 Market Update Palm Beach County

September 2023 Market Update Palm Beach County
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…
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