According to new data from the Miami Association of Realtors, residential sales in Palm Beach County dropped by 19.7% year-over-year, decreasing from 2,028 to 1,628 units.
As Hurricane Helene nears Florida's Gulf Coast, property data firm CoreLogic estimates approximately 25,000 homes are at risk of flooding due to storm surge.
According to new data from the Miami Association of Realtors, Palm Beach County, Florida, saw a 2.6% drop in total residential sales in July 2024, declining from 2,109 to 2,054 transactions.
The decline is due to a lack of inventory at key price points. The statistics would be much stronger if they included South Florida's robust developer new construction market and volume.