Real Estate Market Updates

Palm Beach Gardens Homes Sales Surge As Prices Hit Lowest Point in 10 Years

Weiss Clawson posted this 371 Views

Sales of single family homes in Palm Beach Gardens and throughout Palm Beach County increased significantly in September as prices fell to the lowest point all year and, in fact, the lowest point in about 10 years.  There were 1076 single family homes sold in Palm Beach County during September, 2011, a 20 percent increase over sales of September 2010 and a nine percent increase over August 2011 sales, according to the Florida Association of Realtors.   It is apparent that the surge in ...

Palm Beach Gardens Homes Sales and Prices into Double Digit Decline in January

Weiss Clawson posted this 761 Views

The number of homes sold in Palm Beach Gardens and throughout Palm Beach County declined about 20 percent in January, 2011 compared with December 2010.  At the same time, prices dipped 10 percent in January compared with December, according to the most recent statistics from the Florida Realtors.   The median price of a single family home in Palm Beach County dropped below $200,000 for the first time since 2002 hitting $192,800 for 745 sales in January.  That compares with a median price ...

Palm Beach Gardens Estate Community of Steeplechase Had Double Digit Sales in 2010

Weiss Clawson posted this 682 Views

Sales of homes in Palm Beach Gardens premiere estate community of Steeplechase were strong in 2010 hitting double digits for the first time in three years.  But once again, the homes moving are lower priced properties with nothing priced over $1 million sold in nearly three years. The last home sold in Steeplechase priced over $1 million was new construction closing in March, 2008. Steeplechase is a unique community in the heart of Palm Beach Gardens with 324 custom built homes each si...

Palm Beach Gardens Homes Sales Increase As Prices Continue To Fall: Buyers It Is Your Time

Weiss Clawson posted this 828 Views

The number of single family homes sold in Palm Beach Gardens and throughout Palm Beach County increased more than 20 percent in 2010 compared with 2009 while prices continued to decline.  The rate of price decline for single family homes, however, slowed at the end of 2010. More than 10,000 homes sold in Palm Beach County in 2010, a much more solid number than has occurred since the peak of 2005 when 13,679 homes sold, according to statistics from the Florida Realtors.    But year end pri...

Palm Beach Gardens Estate Community of Steeplechase Home Prices Decline in 2010 Providing Great D...

Weiss Clawson posted this 953 Views

Home prices in Palm Beach Gardens premiere estate community of Steeplechase continued to decline in 2010 while sales have increased, indicating buyers are getting great deals. Steeplechase is a unique community in Palm Beach Gardens, with all 325 homes custom built on one acre lots or more, and with a location near the center of activities. The community has just homes, no neighborhood pool, tennis courts or golf course, through most homes have backyard pools and some have tennis courts. ...

Palm Beach Gardens Home Prices Down Nearly 50% From Highest Level of 2006; Buyers Find Bargains G...

Weiss Clawson posted this 1 833 Views

Home prices in Palm Beach Gardens and throughout Palm Beach County are now nearly 50 percent lower than they were in mid-2006 when they reached the highest price point. With the median price for a single family home now $208,400 in Palm Beach County, buyers are finding extraordinary opportunities throughout the area. In June, 2006 the median price of a single family home in Palm Beach County was $405,000.  That $400,000 home is now selling for just above $200,000 and is often a short sale...

PALM BEACH GARDENS HOME SALES AND PRICES SPIKE: BUYERS FIND VALUE AND MOVE FORWARD

Weiss Clawson posted this 732 Views

Home sales and prices in Palm Beach Gardens and throughout Palm Beach County increased significantly in March with buyers take advantage of prices not seen since 2003.  The number of single family home sales in Palm Beach County in March increased by 33 per cent over February sales with 843 homes closing during the month.  The median price of a Palm Beach County single family home also jumped 11 percent in March compared to February, going from $219,100 ...

PALM BEACH GARDENS' IRONHORSE COUNTRY CLUB GENERATES NEW INTEREST

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Home sales in the Palm Beach Gardens area Ironhorse community turned brighter in late March when a private individual bought its bankrupt country club breathing new life into one of the area’s most delightful neighborhoods.   In the months leading up to a late December bankruptcy filing, the club lost a protracted court battle by some residents fighting mandatory club membership for everyone living in the community.    So now Ironhorse is a stand alone commu...

PALM BEACH GARDENS HOME SALES INCREASE AS PRICES CONTINUE TO DECLINE: BUYERS' MARKET PREVAILS

Weiss Clawson posted this 435 Views

Home sales in Palm Beach Gardens and throughout Palm Beach County increased slightly in February as prices continued to decline.  The large majority of homes sold were priced at or below $300,000 putting further pressure on declining prices. The median price of a single family home in Palm Beach County declined eight percent in February compared to January, 2010, going from $238,000 down to $219,100, according to statistics from the Florida Association of Realtors.   The me...

PALM BEACH GARDENS HOMES PRICES ABOUT WHERE THEY WERE IN SPRING 2003

Weiss Clawson posted this 427 Views

Home prices in Palm Beach Gardens and throughout Palm Beach County today are about where they were in the spring of 2003.  It remains a great time for buyers! And while inventory is slowly decreasing, the number of homes on the market in Palm Beach Gardens priced below $300,000 and the number of short sales remain substantial. The median price for a single family home in Palm Beach County in January 2010 was $238,600.  In May of 2003 it was $224,300 and in June of 2003 the me...