Palm Beach Real Estate Market Statistics

March 2019 Real Estate Statistics

Click to see all of the Detailed Statistics including activity by price point. 

The real estate inventory for this month show increases in overall health of the residential sector.  And the overall sales for single-family homes in Florida in March is the same as last year 2018. Low mortgage rates with home prices easing due to high volume of inventory that implied the best time for buyers to enter the market which they can choose varieties of affordable housing.

$250,000-299,999 price range - 2.91 months of inventory (Seller's market)

$300,000-399,999 price range - 3.76 months of inventory (Seller's market)

$400,000-599,999 price range - 5.07 months of inventory (Seller's market)

$600,000-999,999 price range - 8.8 months (Buyer's market)

$1,000,000 or more - 17.37 months (Strong Buyer's market)

What are your thoughts with these stats? Let us know and we will be happy to help to guide and assist you throughout the process of understanding the market stats to you. 

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