Supply in Demand as Sales Soar
Florida REALTORS market reports confirmed that home sales and prices are soaring in Florida. In line with most of Palm Beach County, North Palm Beach is experiencing a surge in sales as demand increases for single-family-homes, as well as townhouses and condos. The number of single family homes that closed in North Palm Beach nearly double from the same time the previous year. In Palm Beach County the median price of single-family-homes increased 12.5 percent, compared to 1.4 percent in July of 2019.