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.
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.
Highlights from the freshly released palm beach county home sales stats: Prices are up: median sale price was $295,400 in May, up 4.8 percent from a year ago. Home sales are up: There were 1,739 sales last month, up 6 percent from a year ago. Cash sales are declining: Only 41 percent of houses sold for cash last month, down from 46 percent a year ago.
Housing market remains strong, despite mortgage rate worries. Mortgage Masters Group NEW YORK – The Federal Reserve is raising interest rates, and that’s led some to worry that mortgage rates will spike and put an end to the housing boom in the United States. Not so fast.
The first Palm Beach County Real estate market report for 2018 describes slower sales, tighter inventory, and increased median home prices, all of which are strong indicators that we will remain in a seller’s market for the foreseeable future.
The median sales price for homes in Palm Beach for Apr 11 to Jul 10 was $1,175,000 based on 92 home sales. Price Per Square Ft. Average price per square foot for Palm Beach was $718, a decrease of -2% compared to the same period last year.
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Homes for Sale in Palm Beach County, FL have a median listing price of $325,000 and a price per square foot of $186. There are 18,425 active homes for sale in Palm Beach County, Florida, which.
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.
Matthew Wilson, the broker/owner of Ion Real Estate in Flagler Beach, said last month’s jump in average sale price in Flagler County. the median sale price rose 7 percent to $220,000, up from.
West Palm Beach, Florida – Sales of existing homes and condos rose in all three South Florida counties and statewide in April, according to some figures from Florida Realtors. The median price of homes in all three counties also rise. West Palm Beach Homes saw the biggest year-over-year jump, with 918 homes sold – up 35 percent from a year ago, when 681 homes sold.
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