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Palm Beach County Home Sales Post Another Month of Double-Digit Gains; Luxury Home Sales Jump 264.5% Year-over-Year

Palm Beach County Home Sales Post Another Month of Double-Digit Gains; Luxury Home Sales Jump 264.5% Year-over-Year
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Palm Beach County Total Home Sales Jump Double Digits in December


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Palm Beach County total home sales surged in December 2020 as robust pent-up demand and record-low mortgage rates fueled transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
MIAMI (PRWEB) January 22, 2021
Palm Beach County total home sales surged in December 2020 as robust pent-up demand and record-low mortgage rates fueled transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
Palm Beach County total home sales jumped 16.5% year-over-year, from 2,642 to 3,079. Palm Beach single-family home sales jumped 25.6% year-over-year, from 1,420 to 1,784. Palm Beach existing condo transactions increased 6% year-over-year, from 1,22 to 1,295. Palm Beach single-family home sales have now posted year-over-year increases for six consecutive months and Palm Beach existing condos have posted transaction gains for six straight months. ....

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