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HOW IS THE MARKET?

Grant Freer

Experience and proven results! I am 100% committed to ensuring the sale of your home is a smooth and profitable transaction...

Experience and proven results! I am 100% committed to ensuring the sale of your home is a smooth and profitable transaction...

Feb 5 2 minutes read

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%

Looking to Buy or Sell a Palm Beach County Home?


  • Want to SELL your Broward or Palm Beach County Home? - Get A Free Home Value Report
  • Want to BUY a Broward or Palm Beach County Home? - Search All Homes For Sale
  • Email us for a consultation
  • Or call us at 561.395.8418 and ask for Gia or Grant

Are you curious what your home is worth?









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