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Palm Beach County Home Sales, Median Sale Prices Rise in May

Palm Beach County, needing to turn over its affordable housing stock quickly, is offering a cut to real estate agents who can make a sale. s median home price of about $277,000 is out of reach for.

Miami-Dade and Broward counties continued to see declines in residential sale volume and increases in prices. Palm Beaches. Despite gains in closed sales, inventory also rose across the board in.

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Existing Condo and Home Sales Increased in Miami-Dade County in January More information Find this Pin and more on South Florida Real Estate News by Seaside Properties Group at Douglas Elliman .

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Total sales dollar volume increased in all three counties, up to $2.88 billion in Broward, $3.3 billion in Miami-Dade and $3.9 billion in Palm Beach. Tags: home prices , home sales , Residential.

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Palm Beach County’s median price. More homes for sale will help restore balance to the market, slowing the sales pace but keeping prices from soaring out of reach for first-time buyers and young.

Florida Realtors Chief Economist Brad O’Connor said the growth in single-family home sales came due to a rise in the level of inventory for sale. Palm Beach County, single-family home sales jumped.

Palm Beach County total home sales and median sale prices increased year-over-year in May as more northern home buyers take advantage of ultra-low mortgage rates and Florida’s no state income tax, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

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World-class resorts, elegant country clubs, five-star cuisine and vibrant nightlife provide the relaxing lifestyle you need to unwind and enjoy your home in paradise. In addition, Palm Beach county redefines leisure with an active boating community, 127 renowned.

In June, the number of properties that received a foreclosure filing in Palm Beach County, FL was 28% higher than the previous month and 4% lower than the same time last year. Home sales for May 2018 were up 10% compared with the previous month, and up 223% compared with a year ago. The median sales price of a non-distressed home was $250,000.

“While there was an 8.8 percent decrease in overall sales, we had double-digit jumps of home sales in the higher-priced sectors.” In Palm Beach County, single-family home sales fell 1.8 percent, to.