Here is wonderful news for the West Palm Beach area as Pratt Whitney is once again hiring over 200 new employees.
And as it a direct result, prices are rising in the Acreage of West Palm Beach.
Look at this market report:
The price per square foot for listings in this area is $154.
The median sale price in July for single family homes is $200,050. The sale prices increased by 19.11% from the previous month.
The price per square foot for sales in this area is $58.
The number of active listings in Loxahatchee increased by 5.2% from the previous month.
The median number of days active properties have been listed is 80. This is significantly shorter than the national average.
The number of sales in July dropped by 54.2% from the previous month.
Median Listing Price
Median Days on Market
(foreclosures and short sales)
Prices in The Acreage of West Palm Beach, only moments from Pratt Whitney have risen over 100% this year to date from $129,000 in Jan to over $264,000 in October.
With inventory at all time lows, if you need a new home in this area, NOW IS THE TIME to call me today.
To see EVERY HOME ACTIVELY AVAILABLE on the market today in this EXTREMELY Hot neighborhood, please CLICK HERE.
While you are on my website, please REGISTER and you will get updated INSTANTLY when a NEW HOME comes on the market.