The housing market condition for Palm Beach County, Florida is 18.11% above its long-term pricing trend. While this level of overpricing seems significant, approaching the peak of its current housing market cycle as evidenced by property appreciation continuing to rise but at a decreasing rate. Palm Beach County existing condo median prices decreased 4.76% year-over-year in September...
Palm Beach Market Update
Palm Beach County’s housing market is currently a buyer’s market, meanwhile at the same time last year it was a seller's market. This means that home prices tend to be lower and homes stay on the market longer. In October 2023, Palm Beach County home prices were up 10.6% compared to last year, selling for a median price of $470K. On average, homes in Palm Beach County sell after 56 days on the...