Market Updates

Sept. 1, 2022

Rental Rates Palm Beach County

West Palm Beach July 2026:   The average rent in West Palm Beach is around $2,150 for a one-bedroom apartment and $2,450 for a two-bedroom apartment.   Rent in West Palm Beach in 29% higher than the national average of $1,663. The good news is you can …

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Posted in Market Updates
Aug. 26, 2022

Mortgage rates

Mortgage interest rates are around 6.5% to 6.75% for a 30 year fixed loan as of 7/27/26.   What this means to buyers?  It is keeping price sensitive home buyers on the sidelines. 

Posted in Market Updates
Aug. 23, 2022

July 2022 Palm Beach County Market Update

July 2022 Palm Beach County Market Update for Single-Family Homes:  

 

The biggest news for the month of July is single-family home’s data for Months Supply of Inventory is at 2.7 months, up 80% from July 2021. Pressure from higher interest rates, negative stock market gains, inflation and …

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Posted in Market Updates
Oct. 29, 2021

Howard Stern's local home

Did you know Howard Stern has a house in Palm Beach?  He bought it for $52 million in 2013.  It is an oceanfront 3.3 acre estate with 18,000 square feet of living space.  He is right down the street from Jon Bon Jovi.   When he bought it …

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood …

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Posted in Market Updates