PALM BEACH COUNTY’S MONTHS SUPPLY OF INVENTORY INCREASES 34.1% YEAR-OVER-YEAR
Just in! April 2025 reports have been released detailing recent real estate activity in Palm Beach County. The reports compare year-over-year data. Here are statistics on single-family homes.
With a year-over-year increase in inventory, Palm Beach County currently has 6,503 active listings – a 29.6% increase. With more competition in the market, it is shifting to favor buyers, making sellers understand that price reductions could be on the horizon. Despite this increase, closed sales dropped 5.3% year-over-year, a strong signal that buyer activity is cooling despite relatively stable pricing.
"We’re seeing a shift in Palm Beach County. With inventory up nearly 30% and homes taking longer to move, buyers have more choices and negotiating power,” says President of the Broward, Palm Beaches & St. Lucie Realtors Jonathan Lickstein. “That’s why it’s so important to work with a local Realtor® who has unique expertise in the market and can provide insights for both buyers and sellers. We navigate this market with our consumers’ best interest in mind.”
Contact a local Realtor® today – we serve as your personal resource to the communities where we live, work, and play, providing local expertise on amenities, neighborhoods, and so much more. 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