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.
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.
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.
September 2016 turned out to be a great month for home sellers above the $300,000 price levels in Palm Beach County, and it’s shaping up to be a great year for buyers overall. We explain why in this month’s Real Estate Market Report.
The Palm Beach County real estate market report shows closed sales declining year-over-year, but the prices homes are selling are dramatically increasing. Median sale prices are up to $317,250 – more than 11% year-over-year.