Palm Beach Gardens Market Update – Oct 2018

Here is the October 2018 Palm Beach Gardens Market Update:

Highlights — Single Family Homes:

  • 80 Closed Sales
  • $470,000 Median Sale Price
  • $766,990 Average Sale Price
  • 92.4% of Original List Price Received
  • 76 Median Time to Contract
  • 48 Pending Sales
  • 151 New Listings
  • 469 – Inventory of Homes for Sale
  • 5.6 months supply = Healthy Market

Highlights — Townhouse/Condos:

  • 47 Closed Sales
  • $240,000 Median Sale Price
  • $294,555 Average Sale Price
  • 94.1% of Original List Price Received
  • 48 Median Time to Contract
  • 32 Pending Sales
  • 80 New Listings
  • 229 – Inventory of Home for Sale
  • 3.7 months supply of inventory = Seller’s Market

For more information, see the below infographic and call me at 561.806.8550 or email me at heather.towe@gmail.com!

Heather
561.806.8550

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