Your Local Market Update: March 2017Posted by Gloria Singer on
Florida Realtors® has released its report on the Palm Beach real estate market for March 2017. Overall, our local markets continue to be balanced, though the numbers reported have certainly demonstrated notable shifts when compared year-over-year.
Single Family Homes in Palm Beach County
The statistics reported for Palm Beach County’s single family homes in March suggest that the market is working to the advantage of sellers — at least for the time being. Though still predominantly balanced, the 10.3 percent spike in closed sales and 8.9 percent rise in the median sale price are great news for sellers. That said, the month’s supply of inventory continues to linger around a balanced figure, even more so than the year prior when it came in at 5.1.…
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