DECEMBER 2016 STATS

The Palm Beach County market statistics below are courtesy of your REALTOR®, a proud member of the Realtors® Association of the Palm Beaches (RAPB). RAPB represents over 14,000 members involved in all aspects of residential and commercial real estate.

Supply continues to increase and the number of closed sales is decreasing.... are prices next?

Here's What We Think:

SINGLE FAMILY HOMES
DEC 2016
DEC 2015
% CHANGE
Closed Sales
1,413
1,486

4.9%
Median Sale Price
$315,000
$300,000

5.0%
Median Days to Contact
47
47

0.0%
Inventory Active Listings
7,126
6,685

6.6%
Months Supply of Inventory
4.9
4.4

11.4%
Median of Original List Price Received
94.9%
94.5%

0.4%
TOWNHOUSES/CONDOS
DEC 2016
DEC 2015
% CHANGE
Closed Sales
1,013
1,128

10.2%
Median Sale Price
$163,500
$152,500

7.2%
Median Days to Contact
49
48

2.1%
Inventory Active Listings
6,205
5,851

6.1%
Months Supply of Inventory
5.7
5.0

14.0%
Median of Original List Price Received
94.0%
93.9%

0.1%

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