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February 2020

Found 1 blog entry for February 2020.

Palm Beach Luxury Home SalesAccording to recent data from the MIAMI Association of Realtors, total home sales, dollar volume and luxury transactions in Palm Beach County rose double digits year-over-year in January 2020.

Total home sales increased by just over 25% year-over-year, from 1,590 to 1,989. Single-family home sales saw an increase of 29%, from 846 to 1,094, and Palm Beach condo sales jumped up 20.3%, from 744 to 895.

Reports suggest that the overall rise in the mid-level market and luxury transactions ($1-million-and-up) added fuel to fury of increased home sales.  Mid-level market statistics show single-family homes priced between $300K to $400K recorded an increase of 40.2% in transactions, or up to 272 sales. Palm Beach condominiums priced between $300K to $400K

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