Palm Beach Statistics for February 2019
Click to see all of the Detailed Statistics including activity by price point.
How has the real estate market been at the beginning of 2019? It is a very complicated answer as the Palm Beach real estate market is very local. More so now than ever, where your home is located can make the difference between having multiple offers or more favorable terms for buyers.
$250,000-299,999 price range - 4.03 months of inventory (Seller's market)
$300,000-399,999 price range - 5.46 months of inventory (Seller's market)
$400,000-599,999 price range - 8.81 months of inventory (Buyer's market)
$600,000-999,999 price range - 13.09 months (Strong Buyer's market)
$1,000,000 or more - 21.33 months (Strong Buyer's market)
What does this all mean for you? As your local real estate team, we are here to help you figure it out. Let us help you understand how the latest real estate market activity impacts you and your real estate decisions.