Market Report March 2013 – Palm Beach County

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To summarize what this means…we are at at 5.5 months supply of homes on the market compared to March of last year that had 10.9 homes on the market.  That’s a -49% drop.    An balanced market is 5.5 Months of Inventory.  Below is a seller’s market and higher is a buyers market.  I will post April’s as soon as it comes out, I’m sure that has dropped.

2013 March Inventory
2013 March Inventory

 

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