Friday, January 21, 2011

Palm Beach Sales Dip Despite Price Stabilization

Despite a nice stabilization of median home prices in recent months, home sales are continuing to drop in Palm Beach County, Florida. The chart below shows the trend for median home prices and homes sales from December 2009 through November 2010.

This will be a good geographic to monitor over the next six months to see what happens in the Spring 2011. Check back with our blog over the next few months to see if things improve for this area.