The Local Real Estate Market Reports Are Ready to View: Toscana Towers, Highland Beach, Boca Raton, Delray Beach, Palm Beach County, Broward County, and more!

Stern Realty Co. in Highland Beach Florida 33487

Sep 5

Highland Beach:

https://drive.google.com/file/d/0B3dEZlAciRciT3dBMld5emNEdUk/view?usp=sharing&resourcekey=0-6ZtBKhyLb8uO28Pyn-whsQ

To read the COMPLETE Toscana Real Estate Newsletter (a PDF document with links), click on the following link: https://drive.google.com/file/d/0B3dEZlAciRciT3dBMld5emNEdUk/view?usp=sharing&resourcekey=0-6ZtBKhyLb8uO28Pyn-whsQ

Boca Raton:

Delray Beach:

Palm Beach County:

"We're continuing to see inventory improvement in Palm Beach County. Listings have risen consecutively for the past three months. In July, active inventory rose by 54.6 percent to 3,854 listings, and supply of inventory increased 80 percent to 2.7 months," said Carlos A. Melendez, President of Broward, Palm Beaches & St. Lucie REALTORS®.

Inventory is the number of property listings that are active at the end of the month. Meanwhile, months' supply of inventory is an estimate of the number of months it will take to deplete the current inventory given recent sales rates.

"Despite more inventory entering the Palm Beach County market, buyer competition remains high. Median home prices rose again with an increase of 20.0 percent to $600,000. I encourage all sellers who have been on the fence to start a conversation with a local Realtor® today," continues Melendez.