More upbeat numbers posted for residential home sales in Palm Beach Gardens Florida where, when compared with Feb 2014, the median sales price is up by 14.7% (272,350 to 312,500) and with just 848 (down by 15%) homes for sale in all of Palm Beach Gardens there is just 5.2 months of supply at the current absorption rate.
Sales in Jupiter tell a similar story where the inventory is down from 1,077 to 792 homes for sale since last February. This is just 4.2 months of inventory and Sellers, on average, are getting 95% of their asking price in an average of just 80 days on the market.
Sales in the Jupiter and Palm Beach Gardens area are very strong.
