Monthly Market Detail- March 2025 Townhouses and Condos Palm Beach County
Inventory( Active Listings)
The number of property listings active at the end of the month
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
Month |
Inventory |
Percent Change
Year-over-Year
|
YTD( Monthly Avg) |
8,254 |
33.7 % |
March 2025 |
8,471 |
30.4 % |
February 2025 |
8,267 |
32.4 % |
January 2025 |
8,023 |
38.7 % |
December 2024 |
7,287 |
47.5 % |
November 2024 |
7,385 |
55.9 % |
October 2024 |
6,848 |
62.6 % |
September 2024 |
6,604 |
75.5 % |
August 2024 |
6,286 |
77.2 % |
July 2024 |
6,331 |
79.4 % |
June 2024 |
6,522 |
81.6 % |
May 2024 |
6,618 |
80.4 % |
April 2024 |
6,565 |
70.3 % |
March 2024 |
6,496 |
67.4 % |
10,000
2021 2022 2023 2024
8,000
Inventory
6,000 4,000 2,000
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
Months Supply of Inventory
An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
Economists ' note: MSI is a useful indicator of market conditions. The benchmark for a balanced market( favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers ' market, and anything lower is a sellers ' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month ' s Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Month |
Months Supply |
Percent Change
Year-over-Year
|
YTD( Monthly Avg) |
10.0 |
58.7 % |
March 2025 |
10.3 |
51.5 % |
February 2025 |
10.0 |
58.7 % |
January 2025 |
9.7 |
67.2 % |
December 2024 |
8.8 |
79.6 % |
November 2024 |
8.8 |
87.2 % |
October 2024 |
8.0 |
90.5 % |
September 2024 |
7.6 |
100.0 % |
August 2024 |
7.1 |
97.2 % |
July 2024 |
7.0 |
94.4 % |
June 2024 |
7.1 |
97.2 % |
May 2024 |
7.0 |
89.2 % |
April 2024 |
6.9 |
81.6 % |
March 2024 |
6.8 |
83.8 % |
Months Supply of Inventory
12.0 10.0 8.0 6.0 4.0 2.0 0.0
2021 2022 2023 2024
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
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 Thursday, April 24, 2025. Next data release is Thursday, May 22, 2025.