June Stats – Housing inventory has increased for the second straight month in Palm Beach County.

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  • June Stats – Housing inventory has increased for the second straight month in Palm Beach County.

“Housing inventory has increased for the second straight month in Palm Beach County. With the federal interest rate hikes we’ve seen throughout the year, we knew this was going to play a role in shifting the market. In June, we saw inventory in Palm Beach County increase 51.4 percent to 3,421 listings and supply of inventory rise 51.4 percent to 1.9 months. Despite more inventory entering the market, our median home price continued to increase at 24 percent to $620,000. However, it’s worth noting that closed sales are decreasing. Sellers who have been waiting for the opportune time to list their property should speak to a local REALTOR® now. Only a REALTOR® has the expertise to help you sell your home before the market levels off in your unique community,” said Carlos A. Melendez, President of Broward, Palm Beaches & St. Lucie REALTORS®. 

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Barry is a resident of Delray Beach and a Realtor for William Raveis South Florida. He works with buyers and sellers of Luxury Properties & Residential Real Estate with focus on Delray Beach in Palm Beach County. Frette was born and raised in Miami but left in 2004 is now a proud resident of Delray Beach, Florida. He is available 24/7 and goes the extra mile to take care of his clients. For commercial, he specialize in Retail, Office, Industrial and Land Properties. He has a strong network of buyers and sellers, as well as access to the national and local databases. Barry can help you find a site or property to purchase, choose a building or space to lease for your business, market your property to find a tenant, or leverage the Raveis marketing team to help you divest of your property. When assisting residential clients, he relishes developing long-lasting relationships, and takes the time to fulfill the goals of his clients. Whether looking for the perfect home to buy or rent, or when you are selling, Barry takes his time to get the job done efficiently and this will be reflected the first day he begins working with you on your journey. Selling a Real Estate Asset on your own can be an overwhelming task. There's advertising to plan and budget for, private showings to arrange, purchase offers to negotiate, contract contingencies to worry about, and complicated paperwork to fill out. Make it easy on yourself by putting your property in the hands of seasoned professionals. We have extensive experience marketing properties and showing them to their best advantage.

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