Category Archives: Market Updates

FLORIDA’S HOUSING MARKET CONTINUES STRONG IN JANUARY 2021

Single-family home sales were up by 18% year-over-year, median sales price up 155.1%, condo sales up 24.6%, median price up 15%. Chief Economist O'Connor: Closed sales in January 2021 were "way, way above our historical average," which is likely for most, if not all, of 2021. You can read full article here: Florida Housing Market…

Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in the Palm Beaches. The reports compare year-over-year data for January. Here are statistics on single family homes. “Last year’s trend of monthly increases in closed sales and median price looks to be continuing into 2021! The steady rise in both…

Market Update December 2020

https://vimeo.com/503526954 December Market Stats The median list price in Delray Beach is up 12% over last year. Delray Beach Market Update Delray Beach Single Family Delray Beach Condominiums Boynton Beach Market Update Boynton Beach Single Family Boynton Beach Condominiums

SUMMIT ECONOMISTS EXPECT GOOD THINGS IN 2021

More than 20 economic housing experts at NAR’s Real Estate Forecast Summit discussed a post-pandemic 2021 and, as a group, predicted the economy (GDP) will grow 3.5% (6.2% in 2022), home prices will climb 8% (5.5% in 2022) and mortgage rates will average 3% (3.25% in 2022). Please read the full article here: Real Estate…