Your Local Market Update: November 2016
Posted by Boca Expert Realty on
Palm Beach County’s residential real estate market seems to be balancing out, according to the Florida REALTORS® November 2016 market report. Unlike in October when sales rose but inventory continued to expand, the latest statistics point to a more leveled playing field for buyers and sellers. The report detailed a much needed growth in active inventory for the local residential real estate market, as well as increased sales.
Single Family Homes in Palm Beach County
Palm Beach County’s single family homes showed positive numbers across the board last month. Sales moved upward by 6.4 percent from 2015s stats, and the month’s supply of inventory grew from 4.6 the year before to 5.1. The full report brought good news for both buyers and sellers. In…
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