Palm Beach Existing Condominium Mid-Market Sales Rise in June

Palm Beach Existing Condominium Mid-Market Sales Rise in June

MIAMI (STL.News) – Palm Beach County mid-market condo sales and total median prices increased in June, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Total sales declined last month mainly due to lack of supply in certain price points, but they are expected to increase in the future because of declining mortgage rates, increased consumer confidence and demand from high earners in tax-burdened states.

“Low mortgage rates make now the perfect time to purchase Palm Beach real estate,” 2019 JTHS-MIAMI President Kim Price said.

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