September Market Statistics - Echo Fine Properties Artboard 1? alert-icon? Artboard 1? ? ? delete-icon? edit-icon? email-icon hide-hover-icon? Artboard 1? login-icon-white Artboard 1? next-icon-left next-icon-right-left next-icon-left-ochre next-icon next-icon-right-grey next-icon-right-ochre plus-with-circle-iconP search-fw-icon? search-icon-ochre search-icon-white
Home of Home ECHOnomics

561.500.ECHO 561.500.3246 LOG IN / CREATE AN ACCOUNT

Quick Search
Communities
    Listings
      View All Listings
      Cities
        MLS IDs
          Agents
            County
              Zip Codes
                24 OCT

                September Market Statistics

                Let’s take a look at the Palm Beach County Real Estate statistics for September!

                 

                Check out all Current South Florida Market Statistics Here! Find Days on Market, Closed Sales, Active Inventory, Median Sales Price, Mortgage Rates, and more for Palm Beach, Martin, St. Lucie, Broward, Indian River, and Miami-Dade!

                 

                 

                 

                It’s safe to say that Sales in September are going like hotcakes! That’s a massive 28.6% increase in sales from last year.

                 

                The median sales price is up from last year too – a 12.7% increase.

                Sellers are now receiving more of their original asking price – 1.6% more in fact!

                Wow! In September 2019 the average time to contract was 53 days – now you’re looking at just 27. That’s a huge 49.1% decrease.

                 

                 

                This is an important one – you’re looking at 32.6% less active listings on the market now when compared to September 2019.

                 

                 

                That also means less supply of inventory. 2.9 now compared to 4.3 in September 2019. That’s a 32.6% decrease.

                 

                 

                Let’s also take a look at condos and townhomes.

                WAY more sales of condos and townhomes this year compared to last. A whopping 28.8% increase.

                Median Sales price is up too – by 9.4% in fact!

                But here you’ll see we actually have more months supply of condos and townhomes available. A 6.3% increase from September 2019. Condos are still available despite prices going up.

                Search Homes for Sale/Rent
                Search Commercial Properties for lease/sale
                What’s Your Home Worth?

                WATCH LIVE!!! You can watch our Real Estate Roundtable LIVE at 9am on our website or comment on Facebook to make sure you get all the details on Septembers 2021 Sales & on Withdrawing an offer.

                 

                Jeff Lichtenstein is owner and broker of Echo Fine Properties, a luxury real estate brokerage selling real estate in Jupiter  and homes in Palm Beach Gardens, Florida. He has 20 years of real estate experience, has closed over a 1,000 transactions, and manages over 50 agents in a non-traditional model of real estate that mimics a traditional business model.  Some publications he has been quoted in.

                Feel free to ask him a question directly at jeff@EchoFineProperties.com.

                 

                 

                Posted in Uncategorized on October 24, 2020 at 7:24 am.

                SHARE

                Echo Home Match

                We will match you with the perfect

                community to fit your needs.

                Start Matching

                Celebrity Homes

                from Beverley Hills
                to Palm Beach

                Never-before-seen-photos of your
                favorite celebrity homes


                View More Celebrity Homes

                Related Posts

                Read More
                Weekly Real Estate Jokes & Trivia!

                November 3, 2023

                In Uncategorized

                Read More
                Weekly Real Estate Jokes & Trivia!

                October 26, 2023

                In Uncategorized

                Read More
                Weekly Real Estate Jokes & Trivia!

                October 13, 2023

                In Uncategorized

                Leave a Reply

                Your email address will not be published. Required fields are marked *

                Your name and email address are required. Your personal information is strictly confidential and will not be shared with any outside organizations.

                Ask Questions

                Your Soulmate in Real Estate™

                Looking for a Perfect Community to live?

                Take our step by step quiz to find a best matching community for you*.

                * Patent Pending

                Popular Searches

                Single family 120
                Condos 47
                Townhomes 12
                Last 24hrs 4
                Ski In/Out 7
                Riverfront 3
                Mountain view 8