The Florida Realtors has released their March 2023 Reports.
Palm Beach County is experiencing a 6.3% increase on the median home price year-over-year hitting $575,000. The county’s inventory also continues to climb.
“Palm Beach County’s increase in median home price and inventory has continued to rise from the start of the year,” says Chris Krzemien, President of Broward, Palm Beaches & St. Lucie Realtors®. “The county’s Q1 median home price increased 5.6% from 2022 with inventory rising 107.4% from Q1 of 2022. Working with a Realtor® that understands each transaction is a unique consumer experience that allows them to navigate the current marketplace with intentional levels of support, complexity and expertise.”
Inventory year-over-year in Palm Beach County is reporting 3,876 active listings from 1,869 in March 2022. The county’s supply of inventory reached 3.2 months compared to 1.2 in 2022. Contact a local Realtor® today to work with trusted advisors that both protects and guides consumers during the home buying and selling process.
Review February report here: February 2023 Market Report - Click Here
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 and now am a happy 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 whether you are selling, Barry takes his time to get the job done efficiently and it 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.