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Old 06-03-2022, 01:38 PM
 
184 posts, read 316,525 times
Reputation: 229

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Broward, Palm Beach real estate prices continue to climb while inventory dips ---- Agent Magazine




"In Palm Beach County, the median price for single-family homes hit $601,000, up from $466,000 the previous year. Average days on the market dropped to nine. It was 13 in April 2021. Months of inventory remained flat at 1.4, considered very low overall."


"The median condo/townhouse price in Palm Beach County rose to $293,500, compared to $240,250 last year. Average days on the market dropped from 28 to just 10. Months of inventory were cut in half, from 2.2 to 1.1, illustrating the current condo market frenzy."


May 20, 2022
https://southfloridaagentmagazine.co...nventory-dips/
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Old 06-06-2022, 09:30 PM
 
17,874 posts, read 15,961,831 times
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Only way to solve this is to stop moving there, and drive down demand.

There are other places to live in this country like Detroit. There are literally scores of huge empty houses for the cheap there.
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Old 06-07-2022, 05:30 AM
 
17,326 posts, read 22,073,418 times
Reputation: 29724
Quote:
Originally Posted by Orionsdolph View Post
Broward, Palm Beach real estate prices continue to climb while inventory dips ---- Agent Magazine




"In Palm Beach County, the median price for single-family homes hit $601,000, up from $466,000 the previous year. Average days on the market dropped to nine. It was 13 in April 2021. Months of inventory remained flat at 1.4, considered very low overall."


"The median condo/townhouse price in Palm Beach County rose to $293,500, compared to $240,250 last year. Average days on the market dropped from 28 to just 10. Months of inventory were cut in half, from 2.2 to 1.1, illustrating the current condo market frenzy."


May 20, 2022
https://southfloridaagentmagazine.co...nventory-dips/

Would you expect a report outlining anything else from "agent magazine?"

They are selling roses and sunshine 24/7!
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