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Palm Beach County Housing Update

Palm Beach County Housing Update 
BY Real Estate Services with Jaycee Realty, Inc.

The results are in!  The following are the most recent housing statistics relating to home sales in Palm Beach County, FL:

Single Family Homes
December 2013 Closed Sales:  1,325
December 2012 Closed Sales:  1,184
Year-Over-Year Change:  +11.9%

Median Home Price, December 2013:  $265,000
Median Home Price, December 2012:  $229,750
Year-Over-Year Change:  +15.3%

Median Days on the Market, December 2013:  45
Median Days on the Market, December 2012:  85
Year-Over-Year Change:  -47.1%   

Active Listings, December 2013:  6,720
Active Listings, December 2012:  6,764
Year-Over-Year Change:  -0.7%

Months Supply of Inventory, December 2013:  5.2
Months Supply of Inventory, December 2012:  5.9
Year-Over-Year Change:  -13%

Townhomes/Condos
December 2013 Closed Sales:  921
December 2012 Closed Sales:  1,122
Year-Over-Year Change:  -17.9%

Median Home Price, December 2013:  $120,750
Median Home Price, December 2012:  $98,750
Year-Over-Year Change:  +22.3%

Median Days on the Market, December 2013:  51
Median Days on the Market, December 2012:  76
Year-Over-Year Change:  -32.9%

Active Listings, December 2013:  6,091
Active Listings, December 2012:  7,054
Year-Over-Year Change:  -13.7%

Months Supply of Inventory, December 2013:  5.4
Months Supply of Inventory, December 2012:  6.1
Year-Over-Year Change:  -10.4%

If you are looking to buy or sell a home in Palm Beach County Florida, call the Real Estate experts at Jaycee Realty.

All data represents information available as of December 31, 2013 and has been provided by the Realtor Assocation of the Palm Beaches.

 


Rick Schuster

Licensed Real Estate Broker – Jaycee Realty, Inc.
Licensed Title Insurance Agent – Home Guardian Title, Inc.
Licensed Mortgage Broker – Leading Edge Mortgage Corp

20283 State Road 7 – Ste 400
Boca Raton, FL 33498
561-206-2835 – via Google Voice
561-988-2546 -Fax
       

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