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 its potential, a special event called "Open House Weekend" is being organized on February 25th and 26th. The objective is to unite Realtors® in scheduling their open houses during this weekend, generating increased traffic and visibility from potential buyers. With more options available, this event aims to provide a platform for consumers to explore and discover their ideal properties.

This collaborative effort by Realtors® during the "Open House Weekend" will create a vibrant real estate environment, connecting buyers with a wide range of available properties and fostering increased engagement within the market.

These are some recommended communities we like here in Palm Beach County: Showcase Communities - Click Here

For commercial, learn more here: Frette Commercial - Click Here

Call Barry with any questions you may have at 561-880-5587

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Barry was recommended by his client after closing a record sale for her!

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