Florida Home Loans News

Palm Beach County Home Sales, Median Sale Prices Rise in May

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 · Miami-Dade and broward counties reported fewer annual home sales in November, while Palm Beach County’s residential market bounced back. Home prices are also still on the rise.

Uncertainty over mortgage interest rates and the stock market may have impacted Palm Beach County total home sales in February. Total Palm Beach County home sales decreased 9.6 percent year-over-year in March 2019, from 3,016 to 2,726. The decrease is due to a lack of inventory in lower price points.

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The median sales price for homes in Palm Beach for Apr 11 to Jul 10 was $1,175,000 based on 92 home sales. Price Per Square Ft. Average price per square foot for Palm Beach was $718, a decrease of -2% compared to the same period last year.

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West Palm Beach, Florida – Sales of existing homes and condos rose in all three South Florida counties and statewide in April, according to some figures from Florida Realtors. The median price of homes in all three counties also rise. West Palm Beach Homes saw the biggest year-over-year jump, with 918 homes sold – up 35 percent from a year ago, when 681 homes sold.

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Palm Beach County total home sales and median sale prices increased year-over-year in May as more northern home buyers take advantage of ultra-low mortgage rates and Florida’s no state income tax, according to the MIAMI Association of Realtors (MIAMI) and the.

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Palm Beach County, needing to turn over its affordable housing stock quickly, is offering a cut to real estate agents who can make a sale. s median home price of about $277,000 is out of reach for.

prices, such as the median price of new houses sold or the average price of all houses sold. 1996, house prices in Florida started rising. Source: Office of Federal Housing Enterprise Oversight, May 2006.. York and West Palm Beach and would grow.. 5 Data from Census 2000 on county-to-county in-.

Broward county single-family home sales and prices rose in 2Q 2019, according to the MIAMI Association of Realtors (MIAMI) and the Multiple listing service (mls) system. MIAMI , August 07, 2019.

Property Appraiser Gary Nikolits attributed the drop in petition filings to the rebounding housing market. Many property owners may. home prices rose at a much faster clip, according to the Florida.