Palm Beach County Home Sales, Median Sale Prices Rise in May

The median rent price in Palm Beach County is $2,000, which is lower than the Miami-Fort Lauderdale-West Palm Beach Metro median of $2,054. Total Home Sales Increase in May Palm Beach total home sales increased 3.9%, from 3,197 to 3,323. Palm Beach single-family home sales increased 8.7%, from 1,721 to 1,870.

 · Palm Beach County. In Palm Beach County, single-family home sales dropped 3.8 percent to 1,103 while the median sales price grew 4.8 percent to $325,000, according to the Realtors of the Palm Beaches and Greater Fort Lauderdale.. Active listings were down 5.2 percent, so the supply of inventory decreased to 5.2 months.

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Palm Beach Single-Family Home Median Prices Continue Rising Palm Beach County single-family home prices increased 3.1%, from $354,000 to $364,900. Existing condo prices increased 5.2%, from $175,900 to $185,000. Palm Beach Distressed Sales Comprise Just 2.6% of Total Sales

Palm Beach County home prices rose just 6 percent in March on an annual measure, the first time in at least a year that there wasn’t a double-digit gain and a sign that real estate’s rocketing rates.

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There were 7,233 houses for sale in April, a 3 percent decline from a year ago. Meanwhile, mortgage rates have begun their long-anticipated rise. of sales jumped 9.7 percent from a year ago. In.

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MIAMI June 21, 2019. palm beach county total home sales and median sale prices increased year-over-year in May as more northern home buyers take advantage of ultra-low mortgage rates and Florida’s no state income tax, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

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Home sales were up in Miami-Dade, Broward and Palm beach. sales lept 7.6 percent to 911 closings. But home prices continued their steady rise. The median price for a single-family home in Palm.

MIAMI June 21, 2019. Palm Beach County total home sales and median sale prices increased year-over-year in May as more northern home buyers take advantage of ultra-low mortgage rates and Florida’s no state income tax, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Home prices in Florida’s Palm Beach County continued their upward trend in May, reaching another post-crash high. The median price of a single-family home sold in Palm Beach County in May rose to $335.