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3/26/2013 - Palm Beach County Home Prices Up

The most eye-grabbing numbers in today’s Standard & Poor’s/Case-Shiller home price index came in the median price column.

Single-family homes in Palm Beach County are up 27 percent from a year ago, condos are up 28.5 percent.

But there are other shockers. For instance, inventory is down to a supply of 5.8 months.

And cash is king. Fully 55 percent of home sales in February went to cash buyers.

Source - Palm Beach Post 3/26/2013


Peter Schulz - Editor - Email TCM

 
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