Palm Beach County Real Estate Update and COVID-19

Real Estate Update and COVID-19

How's Palm Beach County Real Estate Market During COVID-19?

When COVID-19 broke out, COVID-19 disrupted all industries, big and small. Real estate like everything else has been impacted as well because of COVID-19 but we are seeing major improvement. Real estate has never stopped and currently pivoting into the "new normal".

It's really amazing how tough times like COVID-19 pushes people to be innovative and to create solutions for everybody. Real estate has been consistent and even showing great progress through time. You might be wondering, how's Palm Beach County Real Estate Market doing now during COVID-19?

What is Reality?

Last 7 day period

Number of Properties Listed               762
Number of Home Under Contract.     468

Day 8-14 day period

Number of Properties Listed               674
Number of Home Under Contract.     470

Day 15-21 day period

Number of Properties Listed               530
Number of Home Under Contract.     358

Day 22-28 day period

Number of Properties Listed               475
Number of Home Under Contract.     316

As you can see, there are still properties coming on the market and properties selling. Even though it's not the same spring opportunity that we were expecting, the real estate market in Palm Beach County is showing progress and consistently going up.

What do you do with this information?

If you want to sell your home, call us now and not when this is over. We can help you safely market your home. With the right pricing and the right marketing that includes a Strong Virtual Selling Process, we can help you sell your home fast! It takes major marketing money and experience to sell during COVID-19. 

Now, If you have been wanting to buy a home in South Florida,  there's less competition. If you have job stability then let's talk. There are still multiple offer situations even with COVID-19.

Things are changing and it is important to have a team that understands and adapts to all of the changes. The Treus have your back during COVID-19. 

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