Based on new data by the Miami Association of Realtors, Palm Beach County overall residential sales slipped in January 2024.
Based on new data by the Miami Association of Realtors, total Palm Beach County Florida residential sales decreased 3.3% annually in December 2023, from 1,830 to 1,770 transactions.
November transactions came to terms in October when mortgage rates hit a peak of 7.8%, but Palm Beach buyers primarily used cash as all-cash deals accounted for 54.5% of all transactions, which is double the national figure.
According to the Miami Association of Realtors, greater Palm Beach County total home sales in October 2023 rose year-over-year as South Florida real estate continues to outperform the nation.
Posted on October 25, 2022