The housing market continues its forward momentum given the strong economy and the new tax law. We continue to see people from high tax states looking to move to Palm Beach in all price categories.
During the first half of 2018, 88 single family homes sold * compared to 70 during the same period in 2017.
5 LARGEST SALES
Taxable property values for Palm Beach real estate (includes both residential and commercial) by the Palm Beach County Property Appraiser’s office is $18.2 Billion, up 7.75%. Property values have steadily increased since 2011.
Of the 127 active residential listings, 33% of them are asking $10,000,000 or more: