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Palm Beach County home prices drop in 3rd quarter

By
Real Estate Agent with Members Realty Group LLC

The median sales price for single-family homes in Palm Beach County dropped to $226,600 in the third quarter of this year which is 7 percent decrease compared to the same time last year.

Statewide, single-family home sales dropped by 7 percent to 41,22 in the third quarter compared to last year. Median sales prices also dropped by 7 percent to $135,200.

Condo sales in Palm Beach County were up 20 percent compared to last year, but prices dropped 20 percent to $88,100.

If you are in a position to buy, now is the time and if you’re an investor, now might be a good time to look into Palm Beach County.

 

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