Palm Beach County Condo Sales
Posted by Jim McLane on
The monthly Real Estate report for Palm Beach County
We reported the home sales for August this week where we saw the median home prices drop for the first time in over 20 months. I can undestand see a bit of a slow down as home prices have jumped quite drasticaly. The condo/townhouses market is a little different story as many buyers are being priced out of single family homes in Jupiter and other areas of Palm Beach County as well. The median home price was $270,000 which is still far below the peak of 2006 where it was over $400,000. The reason is that the very desirable areas such as Jupiter, Juno Beach and Palm Beach Gardens in North Palm Beach County as Boca Raton and Delray in South County have seen a large rise in home prices to many that…
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