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Palm Beach Real Estate Market Snapshot

There are many great Palm Beach County homes for sale. Click here to perform full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (561) 352-3056 for a FREE home buying or selling consultation to answer any of your real estate questions.

Many people have asked us lately: "What's going on with our real estate market in Palm Beach County?" Today we have some good news.

We are still in a seller's market - with 5.7 months of inventory, we're close to having a neutral market of 6 months worth of inventory. We've also been seeing many cash transactions lately; in fact, 41.7% of recent transactions have involved a cash closing. 

What does all of this mean? These trends are good for a recovering market, as there aren't concerns about appraisals on these deals. Also, it means the market has become stable, as the cash transactions will not be at any risk of future default. 

This last month, we had the lowest number of new properties coming on the market since February. If you're looking to sell a Palm Beach home, now is the ideal time. There is less competition, a great chance to get a higher price for your home, and an opportunity to get your home sold quickly. 

Give us a call or shoot us an email soon if you want to take advantage of these conditions. We would love to help you get the most out of our great Palm beach real estate market!