October sales of existing homes in NorthPalm Beach Florida jumped 92.3% percent compared with the same time last year, despite lingering concerns the tighter lending and low appraisals. A report released this week by the Florida Realtors showed that 918 Palm Beach County single-family homes were purchased in October at a median sale price of $184,900 - 16 percent below last year's price but 3 percent higher than in September.
The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source. Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Florida, Palm Beach County.