Just in! May 2024 reports have been released from Florida Realtors® detailing recent real estate activity in Palm Beach County and surrounding areas. The reports compare year-over-year data. Here are statistics on single-family homes.
PALM BEACH COUNTY
Palm Beach County’s months supply of inventory is currently sitting at 4.4 months – consistent with last month. The county’s median sale price reported $645,000 with total dollar volume increasing 7.3% from last year at $1.8 billion.
MARTIN COUNTY
Martin County’s months supply of inventory is currently sitting at 4.4 months – a 7% increase from last month. The county’s median sale price reported $573,995 with total dollar volume increasing 5.6% from last year at $215.5 million
ST. LUCIE COUNTY
St. Lucie County’s months supply of inventory is currently sitting at 4.4 months – consistent with last month. The county’s median sale price reported $400,000 with total dollar volume increasing 12% from last year at $249.8 million.
BROWARD COUNTY
Broward County’s months supply of inventory is currently sitting at 4.3 months – a 7.5% increase from last month. The county’s median sale price reported $625,000 with total dollar volume increasing 10% from last year at $1.1 billion
CERTIFIED PROBATE REAL ESTATE SPECIALIST
Probate is a legal process that occurs after someone passes away, where the deceased person’s assets, including real estate, are distributed to heirs or beneficiaries. Probate real estate services in Florida are crucial for efficiently managing and selling properties involved in the probate process. Dick Sheehan is a Certified Probate Real Estate Specialist with over 43 years of experience as a Broker/CEO in Palm Beach County and Southeast Florida. Click here to learn more.