Closed Sales
Monthly
Market Detail - June 2024 Single-Family Homes Palm Beach County
Summary Statistics |
June 2024 |
June 2023 |
Percent Change Year-over-Year |
Closed Sales Paid in Cash
1,269 1,428 -11.1 % 547 613 -10.8 %
Median Sale Price $ 659,999
$ 625,000 5.6 %
Average Sale Price Dollar Volume
$ 1,138,918 $ 1,066,235 6.8 % $ 1.4 Billion $ 1.5 Billion -5.1 %
Median Percent of Original List Price Received
94.6 % 95.5 % -0.9 %
Median Time to Contract 35 Days 26 Days 34.6 %
Median Time to Sale |
80 Days |
73 Days |
9.6 % |
New Pending Sales New Listings
1,149 1,640
1,277 -10.0 %
1,555 5.5 %
Pending Inventory 1,765 Inventory ( Active Listings ) 5,170 Months Supply of Inventory 4.5
1,925 -8.3 % 3,497 47.8 % 3.0 50.0 %
Closed Sales
The number of sales transactions which closed during the month
Economists ' note : Closed Sales are one of the simplest — yet most important — indicators for the residential real estate market . When comparing Closed Sales across markets of different sizes , we recommend comparing the percent changes in sales rather than the number of sales . Closed Sales ( and many other market metrics ) are affected by seasonal cycles , so actual trends are more accurately represented by year-over-year changes ( i . e . comparing a month ' s sales to the amount of sales in the same month in the previous year ), rather than changes from one month to the next .
Month |
Closed Sales |
Percent Change
Year-over-Year
|
Year-to-Date |
7,173 |
-2.9% |
June 2024 |
1,269 |
-11.1% |
May 2024 |
1,439 |
-1.4% |
April 2024 |
1,402 |
11.1 % |
March 2024 |
1,226 |
-16.3% |
February 2024 |
1,026 |
5.2 % |
January 2024 |
811 |
2.1 % |
December 2023 |
969 |
-3.0% |
November 2023 |
914 |
-0.7% |
October 2023 |
1,086 |
3.5 % |
September 2023 |
1,102 |
-5.8% |
August 2023 |
1,249 |
-3.3% |
July 2023 |
1,164 |
-2.2% |
June 2023 |
1,428 |
-3.0% |
2,500
2020 2021 2022 2023
2,000
1,500
1,000 500
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services . Statistics for each month compiled from MLS feeds on the 15th day of the following month . Data released on Tuesday , July 23 , 2024 . Next data release is Thursday , August 22 , 2024 .