Palm Beach County Market Report

Growth, Growth, Growth! Palm Beach County has increased closed sales in both single family homes and condos and townhouses in the month of March. Yearly, the single family home sales are up 37.7% and the average days on the market have decreased by 18.2%. Inventory is incredibly low and it is an excellent time for sellers with short time on the market and many buyers on the market.

Townhomes and condo sales are up 9.7% with the average time on the market down by 2%. Inventory is also very constricted. Selling a condo in this climate is recommended, especially since there are a number of preconstruction condominiums that will shortly be on the market as well. If you are looking to buy or sell a condo or single family home in Palm Beach County, contact a member of Luxury Partners today!