Just in! March 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.

Active listings in Palm Beach County continue to grow, currently at 5,066 listings – a 30.7% increase from this time last year. The county is also experiencing a 37.5% increase of months supply of inventory at 4.4 months as consumers sift through the market. The average sale price in Palm Beach County was $1,196,445, with a total dollar volume of $1.5 billion.

"Palm Beach County closed 1,226 sales in March, and we’re continuing to see inventory climb. With 1,777 new listings, a 2.2% increase from March 2023, it’s essential to contact a local Realtor who understands each transaction is a unique consumer experience that we navigate with different levels of support, complexity and expertise,” says David Serle, 2024 president of Broward, Palm Beaches & St. Lucie Realtors®. “REALTORS® serve as your personal resource to the communities where we live, work, and play, providing local expertise on amenities, neighborhoods, schools and so much more.”

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

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