PALM BEACH COUNTY CONTINUES TO SEE MORE INVENTORY
Just in! September 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.
Palm Beach County closed 932 sales in September, a 15.4% decrease from this time last year. At the same time, the county is also experiencing increased inventory with 5,424 active listings, a 44.1% increase year-over-year and a slight increase from this time last month. The total dollar volume in the region decreased year-over-year and month-over-month, with September finishing at $935 million.
"Palm Beach County’s months’ supply of inventory continues to increase. September finished at 4.9 months, a 48.5% increase from 2023,” says David Serle, 2024 president of Broward, Palm Beaches & St. Lucie Realtors®. “It’s important to remember as you search for your dream home in South Florida that Realtors® are multi-faceted experts who juggle an array of complex scenarios for our clients while getting them to the closing table.”
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 our local communities. 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