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
Disclaimer: All information contained on this website is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal notice. Luxolas.com believes all information to be correct but assumes no legal responsibility for accuracy.
