Our Realtors break down the January 2018 Real Estate Market Report for Palm Beach County to discuss the fact that median home price stability has reached the market, and the $350k+ “New Norm”. We also talk about how single-family homebuyers can still find the home they are looking for in this competitive market.
The first Palm Beach County Real Estate Market Report for 2018 describes slower sales, tighter inventory, and increased median home prices, all of which are strong indicators that we will remain in a seller’s market for the foreseeable future. Here, we have some advice for home buyers and home sellers in the coming year.
As the effects of Hurricane Irma wear off, and as the real estate market normalizes following a very rocky late summer-early fall season, the market showed a strong rebound in Palm Beach County for single-family homes in October 2017. Most importantly, sellers are putting their homes up for sale, helping to meet increased buyer demand. Find out what that means for you as a buyer or seller!
The Palm Beach County real estate market report for April 2017 shows median home prices hit their highest point in 10 years, and buyers and sellers are coming together to get to the closing table faster. The summer months are approaching. If you are a buyer or seller, get in the know with this month’s Real Estate Market Report!