Call Us! 1-(305) 395-9869

Palm Beach real estate market is a very active one. And, it’s definitely demonstrated that dynamic over the past decade. Home to Palm Beach, Juno

Palm Beach County Real Estate Market

Palm Beach real estate market is a very active one. And, it’s definitely demonstrated that dynamic over the past decade. Home to Palm Beach, Juno Beach, Belle Glade, Loxahatchee, Delray Beach, Palm Springs, and Lake Worth, the Palm Beach real estate market is quite diverse.

Here, the Palm Beach real estate market boasts a number of housing types. There are single family homes, condos, villas, and townhouses. Layouts are also varied, ranging from the cozy one bedroom, one bath, to two and three bedrooms, two and three baths. And, up to five or more bedrooms, with five or more baths. Here in Palm Beach County, there are beachfront properties, rural equestrian estates, golf home communities, as well as quiet suburban and vibrant urban areas.

Palm Beach County Real Estate Market

The Palm Beach real estate market is currently on a strong trend. Over the past several months, available resale listings have leveled off and even dropped. The result, a seller’s market, particularly at the beginning of 2018. (A seller’s market means inventory is tight and there are more active buyers than available properties.)

But, the trend will definitely move. Currently, the median home value in Palm Beach County sits at $236,900. Home values have increased by 6.3 percent just over the past year. Presently, the median price per square foot stands at $191. (This is actually less than the Miami Fort Lauderdale metro area, where it’s currently $214.)

At present, the median listing price in the Palm Beach real estate market is $349,000, with a median selling price of $273,700.

Relative to its neighbor, the Palm Beach real estate market is still quite affordable. And, it’s full of opportunities. There are primary residences here, of course, but also, property investors can easily find rental homes. It also makes a great location for a vacation home or a second home.

What’s great about Palm Beach County is its location. Located on the mid-southeast costs of the Florida peninsula, it’s northeast of the Everglades National Park and not too far away from the Upper Keys.

Palm Beach County is a great place to live, work, and play because of all it has to offer. Here, the climate provides super mild winters, spectacular spring and fall seasons, along with warm, balmy and breezy summers. Fish, sail, scuba, kayak, snorkel, beach bathe, soak up the sun, take in a show, go to a museum, or shop until you drop. It’s all here and waiting in Palm Beach County.