In our last Real Estate Market Report for 2017, we highlight what we know about December, give a big-picture review of all of 2017, and offer some predictions for what to expect for the single-family home real estate market during this 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 Real Estate Market in Palm Beach County came to a sudden halt due to the effects of Hurricane Irma in September 2017. In this report, we talk about what that means for homeowners, and what we learned following the threat of the worst hurricane season in recent memory.
For the summer months of June and July 2017, we’ve combined our Real Estate Market Report into one. Closed transactions and demand typically falls during these months, but this year, as was in 2016, prices continue their climb higher.
May 2017 was another strong month for median sales price for single-family homes in Palm Beach County, with prices rising 8% over this time last year, as inventory tightens and buyers continue to push demand.
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!
The residential real estate market in Palm Beach County is heating up again as we move into summer time. Active home buyers, take heed – you will want to get your purchase wrapped up now, because inventory is about to be squeezed, and prices are going to rise.
The real estate market report for February 2017 was relatively slow, with closed sales and median prices logging modest, healthy gains. But there is one market that has met its demise: the foreclosure and short-sale market. The days of distressed properties in Palm Beach County are over.
Our Real Estate Market Report for Palm Beach County shows another jump in median home prices for December 2016, ending the year strongly on that front. But 2017 will probably bring higher mortgage interest rates. Here’s what you need to know.