South Palm Beach County Single-Family Home
– 9% fewer homes for sale compared with last November
– 6.5% fewer sales than last November
– Prices are stable compared with last November
South Palm Beach County Condo/Townhomes
– 29.5% more homes for sale than last November
– 2.4% fewer sales than last November
– Sales Prices are stable compared with last November Broward County Single Family Homes
– 9.4% fewer homes for sale compared with last November
– 10.4% fewer sales than last November
– Sales Prices are higher than last November
South Palm Beach County Condo/Townhomes
– 35.4% more homes for sale than last November
– 11.3% fewer sales than last November
– Sales Prices are higher than last November
The Bottom Line
Inventory of single-family homes remains low, and sellers are still firmly in charge.
Inventory of condos and townhomes is firmly on the rise, and the market is becoming more balanced.
Prices are more or less flat compared to last year’s November in South Palm Beach County.
Prices are higher than last year in November in Broward County
Point to Ponder
Will prices of condos and townhomes decrease as inventory rises?
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