Palm Beach, Florida Housing Market Report December 2024

Summary: The Palm Beach real estate market had 437 homes for sale in Dec 2024, a 8.7 % increase compared to Nov 2024. Number of Homes Sold This is the total number of both …

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Palm Beach County Single-Family Home Dollar Volume Increases

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Dec 19, 2024 · Palm Beach County Real Estate Price Appreciation. Existing condo median prices increased 0.5% year-over-year in November 2024, from $308,500 to $310,000. Palm Beach …

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West Palm Beach, Florida Housing Market Report December 2024

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See more real estate market trends for West Palm Beach. There are 2,446 homes for sale in West Palm Beach, Palm Beach County with a median price of $402,081, which is an increase …

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Palm Beach Real Estate Market Prices, Trends & Forecast 2024

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Mar 4, 2024 · Despite the decline in closed sales, the median sale price for single-family homes soared up to $580,000 in December 2023, marking a noteworthy 6.4% increase compared to …

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2024-2025 Southeast Florida Housing Outlook: Modest Price …

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by Chris Umpierre December 9, 2024. Share 0. ... During January-October 2024, Palm Beach County had the highest share of million-dollar home sales, at 25% (7% in 2019) followed by …

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Florida Housing Market 2024 & Predictions For Next 5 Years

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Sep 23, 2024 · In July 2024, Florida's housing market reported a total of 23,353 closed sales of existing single-family homes, representing a 5.2% increase from the same month last year. …

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FAQs about Palm Beach, Florida Housing Market Report December 2024 Coupon?

How did Florida's housing market perform in July 2024?

In July 2024, Florida's housing market reported a total of 23,353 closed sales of existing single-family homes, representing a 5.2% increase from the same month last year. Conversely, condo-townhouse sales experienced a slight decline of 1.2%, totaling 8,364 units sold. ...

How has Florida's Housing Supply changed in 2024?

The housing supply in Florida is undergoing a transformation, predominantly marked by increased inventory levels. In July 2024, new listings of single-family homes rose by 10.7% compared to the previous year. The condo and townhouse market saw a even steeper increase of 13.8% for new listings. ...

Does Palm Beach County have more inventory than 2024?

In Palm Beach County, Florida there was a 6% increase in months’ supply of inventory from this time last month, which is currently at 5.3 months. At the same time, the county saw an increase in dollar volume in 2024 compared to 2023, which is currently at $905.7 million. ...

Will Florida home prices increase in 2024?

Price Growth in Check: Fueled by low inventory and high demand, home prices in Florida have enjoyed steady appreciation for years. However, with rising interest rates squeezing affordability, the pace of appreciation is expected to slow down considerably in 2024. ...

Is Florida a thriving real estate market?

This growth far exceeded the national average, by 20.15%, reinforcing Florida's reputation as a thriving real estate market. Over the past five years, from the first quarter of 2018 to the first quarter of 2023, Florida's real estate market exhibited substantial appreciation, boasting a rate of 77.01%. ...