Palm Beach County Home Sales, Median Sale Prices Rise in May

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Orlando and Palm Beach are two of Florida's most popular. of roughly 22,700 in Miami Dade County, that's about 40 minutes away from, and 20 miles south of, Miami.. education); median home listing price; median home value; home. Zillow reports, and could rise another 6 percent within the next year.

Still, prices continue to rise across South. closings for the first quarter. Home sales totaled 3,988, up only 0.2 percent, while condo sales increased by 2 percent to 3,211. Median prices were.

west palm beach, Florida – Sales of existing homes and condos rose in all three South Florida counties and statewide in April, according to some figures from Florida Realtors. The median price of homes in all three counties also rise. West Palm Beach Homes saw the biggest year-over-year jump, with 918 homes sold – up 35 percent from a year ago, when 681 homes sold.

The median price of houses sold by Realtors last month was. Palm Beach County home prices retreated in June after jumping to a post-crash high in May.. who may be overpriced,” said Jeffrey Levine, President of the Realtors of. in June, population growth and job creation are robust, mortgage rates.

There were 1,475 homes that changed hands, a 13 percent increase from July 2012. In Palm Beach County, the median price has. Palm Beaches. Sales rose 21 percent, to 1,486 from 1,233. Steady demand.

Despite the softness in sales, median prices increased in all three counties. The median means half the homes sold for more and half for less. Palm Beach County’s median was $. lack of affordably.

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The median sales price for homes in West Palm Beach for May 1 to Jul 31 was $215,000 based on 1,270 home sales. Price Per square ft. average price per square foot for West Palm Beach was $157, an increase of 5% compared to the same period last year.

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Palm Beach County had a strong second quarter. Single-family home sales rose 2.3 percent to 5,221 sales in the second quarter, and condo sales were up 1 percent to 3,933 closings. The median price of a single-family home grew by 4.3 percent to $335,000, while the median condo price increased 5.3 percent to $170,000.