The rising cost of borrowing is continuing to affect the local market. In Jupiter, the year to date median sales price of a single family home is up 31% compared to the same period of 2021. We do continue to see fewer Closed sales and more (75 in Sept to 101 in Oct 2022) homes being listed for sale. This has driven up the “Months Supply of Inventory” from 1.4 months in Oct of 2021 to 3.0 months in Oct of 2022 for Single family houses. For condos and town houses there has been an even more dramatic rise of just 0.6 months in Oct 2021 to 2.2 months in Oct 2022.
After Entry
For over twenty years now R& R Realty has been helping customers buy and sell Palm Beach homes. Northern Palm Beach County is a spectacular place to live and we know every inch of it. Generally considered the end of the sub tropical zone, the Gulf Steam waters temper our climate for warm winters making for an amazing life style filled with boats, beaches, shoping, golf & convenience just 15 minutes from the Palm Beach Airport.
Feel free to browse our website for more information on Palm Beach homes for sale and real estate listings including great local neighborhood maps of Juno Beach, Jupiter, Palm Beach Gardens, Singer Island and Jupiter Island. You may choose to search for Palm Beach Homes for sale on your own at first or contact us and we will help tailor a search to your specific needs.
We look forward to hearing from you! If you have any questions about property for sale in Palm Beach, please call me, Chris Ryder, the owner, directly on my cell phone at (561) 818-3858.
About Chris Ryder
I am the Broker/owner of R&R Realty In Juno Beach Florida.
