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Palm Beach County Home Sales, Median Sale Prices Rise in May

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Highlights from the freshly released Palm Beach County home sales stats: prices are up: Median sale price was $295,400 in May, up 4.8 percent from a year ago. Home sales are up: There were 1,739 sales last month, up 6 percent from a year ago. Cash sales are declining: Only 41 percent of houses sold for cash last month, down from 46 percent a year ago.

Mortgage approvals in your state How To Calculate Your Income. To determine your DTI ratio, simply take your total debt figure and divide it by your income. For instance, if your debt costs $2,000 per month and your monthly income equals $6,000, your DTI is $2,000 ÷ $6,000, or 33 percent.

Note, not all communites are listed here, for the full list visit our Boynton Beach real estate sitemap. For more information on this city, you might want to visit the Boynton Beach real estate site. In the mean time, this page is here to allow you to browse all Boynton Beach homes for sale.

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Search for Palm beach luxury homes with the Sotheby’s International Realty network, your premier resource for Palm Beach homes. We have 59 luxury homes for sale in Palm Beach, and 4,082 homes in all of Florida. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more.

Total Home Sales Increase in May Palm Beach total home sales increased 3.9%, from 3,197 to 3,323. Palm Beach single-family home sales increased 8.7%, from 1,721 to 1,870. Palm Beach condo sales decreased 1.6%, from 1,476 to 1,453. Total sales volume increased 4.65%, from $1.45 billion to $1.52 billion.

In 2017, Palm Beach County, FL had a population of 1.47M people with a median age of 44.8 and a median household income of $60,057. Between 2016 and 2017 the population of Palm Beach County, FL grew from 1.44M to 1.47M, a 1.89% increase and its median household income grew from $57,580 to $60,057, a 4.3% increase.

Palm Beach County is also home to many charter schools, religious schools and several alternative schools, including the Alexander W. Dreyfoos School of the Arts in West Palm Beach. Palm Beach county has, for generations, made a huge investment in the arts on an international scale.

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The median sales price for homes in Palm Beach for Apr 11 to Jul 10 was $1,175,000 based on 92 home sales. Price Per Square Ft. Average price per square foot for Palm Beach was $718, a decrease of -2% compared to the same period last year.

Palm Beach existing single-family homes finished 2018 with a median sales price of $345,000, up 4.6 percent from $329,900 the previous year. The Palm Beach median price for existing condominiums in 2018 was $178,000, an increase of 6.3 percent from $167,500 in 2017.

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