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

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.

The Miami Association of Realtors is reporting this week that Palm Beach county single-family home sales and median prices rose in 2Q 2019. Palm Beach County single-family home sales rose 1.2% year-over-year in 2Q 2019, increasing from 5,216 to 5,276. Condo transactions declined 4.1%, from 4,173 to.

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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.

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

The reports compare year over year data for the month of May.. Read on to learn more about the south palm beach County Real Estate. We closed out the year with an overall year over year increase of 4.1% in the Median Sales Price and 7.4%. The price increases are a result of high demand for fewer homes for sale,

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In February, statewide median. Palm beach county home sales decreased 21.1 percent year-over-year in January 2019, from 2014 to 1,590. The decrease is due to a lack of inventory in lower price.

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.

Palm Beach County home prices reached their highest level in nearly a decade in June, when the median price of houses sold by Realtors rose to $345,000. The typical sale price jumped nearly.

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Strong demand and a shortage of available homes helped push prices higher in October. Broward County’s median sales price for existing. s Choice in West Palm Beach, said he recently listed a.

Palm Beach County home prices rose in April as the recovering market continues to strengthen. The median price for existing homes last. Palm Beach County has about 7,800 homes for sale, nearly 40.

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