PALM BEACH COUNTY SEES 1,757 NEW LISTINGS, 11.4% INCREASE YEAR-OVER-YEAR
Just in! October 2023 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.
Palm Beach County saw 1,757 new listings in October compared to 1,577 in the previous year, a 11.4% increase. The months supply of inventory has also increased to 3.6 months, a 12.5% increase from 2022.
"Palm Beach County experienced a 3.5% increase in closed sales this month at 1,086 and inventory in the county reached 4,224 active listings,” says Chris Krzemien, president of Broward, Palm Beaches & St. Lucie Realtors®. “As people make decisions in today’s market, it’s important to remember that each transaction is a unique consumer experience that REALTORS® navigate with different levels of support, complexity and expertise.”
Learn more on how Realtors® can serve your needs at OnlyARealtor.com.
View Reports: Single Family | Townhomes/Condos
About Broward, Palm Beaches & St. Lucie Realtors®
Broward, Palm Beaches and St. Lucie Realtors® is South Florida’s premier REALTOR association. More than 42,000 members in eight locations are equipped to sell real estate along 130 miles of coastline in South Florida and the Treasure Coast. Broward, Palm Beaches, St. Lucie Realtors® work to enhance its members' ability and opportunity to conduct business professionally, ethically and profitably throughout their career. As the third largest local association in the nation, the association empowers members as leaders and influencers in the industry and community. Broward, Palm Beaches and St. Lucie Realtors® is the local chapter of the National Association of REALTORS® To learn more visit, RWorld.com