Category Archives: Boynton News

November 2023 Market Update Palm Beach County

November 2023 Market Update Palm Beach County
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…
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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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January 2023 Palm Beach County Market Update

January 2023 Palm Beach County Market Update
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…
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Half of Homes Sold Give Concessions

Half of Homes Sold Give Concessions
Updated Homes Sell Faster Nearly half of all home sales in the past three months included seller concessions, according to the latest Redfin report. Although, according to Barry Frette, Realtor in Delray Beach, updated properties that are priced to sell move quickly with no concessions or very little concessions. Frette says, "Palm Beach County is a…
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