10/21/2022
Just in! September Market Report for Palm Beach County! 📈
🏠 Single Family Homes 🏠
The upward trend continued in September, with the year-over-year monthly supply of inventory reaching 2.9 months. The median home price also rose again, with an increase of 23.4 percent to $580,000.
With inventory rising, buyers have the opportunity to comb through more listings to find that perfect home that's just right. Even with more competing listings, sellers are still receiving a median of 95.4 percent of their original listing price. Recent adjustments to interest rates are impacting the housing market on a national level however, the market remains strong in South Florida.
Broward, Palm Beaches & St. Lucie Realtors
Are you thinking about buying a home, selling a home, or investing in real estate? Contact us at 561 721 2626 or [email protected]