Just in! April 2024 reports have been released from Florida Realtors® detailing recent real estate activity in Palm Beach County. The reports compare year-over-year data. Here are statistics on single-family homes.
As the summer season approaches and more consumers are headed to South Florida, Palm Beach County is experiencing an increase in inventory, currently sitting at 5,017 active listings – a 37.8% increase from this time last year. The county’s months supply of inventory has also increased year-over-year, currently at 4.4 months.
“Palm Beach County saw over $1.6 billion in dollar volume in April 2024 with 1,402 closed sales. We are continuing to see inventory increase with 1,818 new listings from this time last year – an 22.8% increase,” says David Serle, 2024 president of Broward, Palm Beaches & St. Lucie Realtors®. “As more people head to South Florida during moving season, it’s essential to work with a REALTOR® who treats each transaction as a unique consumer experience that we navigate with different levels of support, complexity and expertise.”
Contact a local Realtor® today – we are responsible for thousands of real estate transactions a year while keeping up to date with the latest trends, laws, and regulations specific to the local communities we serve. Learn more on how Realtors® can serve your needs at OnlyARealtor.com.
View Reports: Single Family | Townhomes/Condos