Florida Real Estate Market October 2022 - Palm Beach County Florida - Michael Friedman Realtor eXp Realty - Delray Beach

 



November 29, 2022

Palm Beach County Florida Real Estate Market (Delray Beach) October 2022

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The recent trends for Palm Beach County’s real estate market continued in October 2022, according to the Realtors of Palm Beach County. 

The median price for a single family home in Palm Beach County rose by 14% to $570,000 in October 2022 over October 2021. 

Of note is the median days on market, which doubled to 28 days in October 2022 over the previous year. 

Months of inventory also increased to 3.2 months in October 2022 versus 1.3 months in October 2021 for single family homes in Palm Beach County Florida. 

"Buyers are taking more time to sift through the rising inventory for their dream home," said Carlos A. Melendez, President of Broward, Palm Beaches & St. Lucie Realtors®.

Call me to discuss the latest market information in order to make the correct decision for you.  

Schedule time on my calendar CLICK

Michael Friedman

Realtor, Broker-Associate

eXp Realty


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