Category Archives: Market Updates

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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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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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August 2023 Market Update Palm Beach County

August 2023 Market Update Palm Beach County
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…
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