In Palm Beach County, single-family home sales were up 10.9% to 1,723 while the median sales price grew 18.9% to $440,000, according to the Broward, Palm Beaches & St. Lucie Realtors. Sales of $1 million-plus homes were up 99.3%. Active listings plummeted 57%, so the supply of inventory at the current sales price dropped to 1.8 months. That’s a seller’s market.
Source: Florida Realtors
