The Palm Beach real estate market has been on a tear in recent years, but there are signs that it is starting to cool off. Closed sales and cash sales are both down, and median sale price is up, but not as much as it was in previous quarters. Dollar volume is also down, and median percent of original list price received is down. Median time to contract and median time to sale are both up, which suggests that homes are taking longer to sell.
- Residential real estate activity in San Francisco saw significant declines in February 2023 compared to the previous year. New listings were down 40.3% for single family homes and 40.7% for condos. Pending sales decreased 39.5% and 25.8% respectively. The median sales price dropped 25.4% for single family homes and 6.3% for condos.
- Residential real estate activity in San Francisco saw declines across key metrics in March 2023 compared to the previous year. New listings were down 29.5% for single family homes and 41.6% for condos. Pending sales decreased 36.9% and 36.4% respectively. The median sales price dropped 15.1% and 10.5% respectively.
- Residential real estate activity in San Francisco declined in October 2022, with new listings, pending sales, and sold listings all decreasing between 24-39% year-over-year for both single family homes and condos.
- The median sales price decreased 7.2% for single family homes to $1,675,000 and 3.8% for condos to $1,200,000 compared to October 2021.
- Months supply of inventory increased over last year for both property types, up 15.8% for single family and 5.7% for condos, as high mortgage rates and inflation dampened homebuyer demand.
San Francisco Market Report September 2022.pdfRonny Budiutama
The real estate market in San Francisco continues to slow in September 2022 as interest rates rise and homebuyer budgets are squeezed. Key metrics show a year-over-year decrease for both single family homes and condos, including new listings down 13.2% and 19.8%, pending sales down 38.2% and 28.8%, and median sales prices down 5.7% and 2.5% respectively. Inventory remains lower than normal but is expected to rise as the market shifts in the coming months.
San Francisco Market Report December 2022.pdfRonny Budiutama
In 2022, rising inflation, interest rates, and home prices slowed the US housing market. Pending and existing home sales declined significantly year-over-year in December. In San Francisco, median home prices fell 7.5% for single family homes and 26.5% for condos from December 2021 to December 2022, as higher mortgage rates reduced buyer demand and purchasing power. New listings, pending sales, and closed sales all declined substantially from 2021 levels. Economists predict further price softening and slowing sales in 2023 if inventory remains limited and rates stay high.
- Real estate activity in San Francisco County declined in August 2022 compared to the previous year according to the report. Key metrics such as new listings, pending sales, and median sales prices decreased for both single family homes and condo/co-op properties.
- New listings were down 13.7% for single family homes and 20.4% for condos. Pending sales decreased 25.2% and 29.1% respectively. Median sales prices declined 12.0% for single family homes and 14.1% for condos.
- Higher interest rates, inflation, and recession fears have discouraged buyers and sellers, leading to fewer transactions and declining prices compared to the strong market in previous years.
- Residential real estate activity decreased in San Francisco in March 2022 compared to the previous year. New listings and pending sales declined for both single-family homes and condos. Median sales prices increased for single-family homes but were nearly flat for condos. Housing affordability declined amid high prices and inflation.
- Residential real estate activity in San Francisco decreased significantly in January 2023 compared to January 2022. New listings and pending sales were down 28.5% and 33.1% respectively for single family homes, and down 28.6% and 40.6% for condo/co-op properties. Median sales prices decreased as well, down 16% for single family homes and 6.5% for condo/co-op properties.
- Residential real estate activity in San Francisco saw significant declines in February 2023 compared to the previous year. New listings were down 40.3% for single family homes and 40.7% for condos. Pending sales decreased 39.5% and 25.8% respectively. The median sales price dropped 25.4% for single family homes and 6.3% for condos.
- Residential real estate activity in San Francisco saw declines across key metrics in March 2023 compared to the previous year. New listings were down 29.5% for single family homes and 41.6% for condos. Pending sales decreased 36.9% and 36.4% respectively. The median sales price dropped 15.1% and 10.5% respectively.
- Residential real estate activity in San Francisco declined in October 2022, with new listings, pending sales, and sold listings all decreasing between 24-39% year-over-year for both single family homes and condos.
- The median sales price decreased 7.2% for single family homes to $1,675,000 and 3.8% for condos to $1,200,000 compared to October 2021.
- Months supply of inventory increased over last year for both property types, up 15.8% for single family and 5.7% for condos, as high mortgage rates and inflation dampened homebuyer demand.
San Francisco Market Report September 2022.pdfRonny Budiutama
The real estate market in San Francisco continues to slow in September 2022 as interest rates rise and homebuyer budgets are squeezed. Key metrics show a year-over-year decrease for both single family homes and condos, including new listings down 13.2% and 19.8%, pending sales down 38.2% and 28.8%, and median sales prices down 5.7% and 2.5% respectively. Inventory remains lower than normal but is expected to rise as the market shifts in the coming months.
San Francisco Market Report December 2022.pdfRonny Budiutama
In 2022, rising inflation, interest rates, and home prices slowed the US housing market. Pending and existing home sales declined significantly year-over-year in December. In San Francisco, median home prices fell 7.5% for single family homes and 26.5% for condos from December 2021 to December 2022, as higher mortgage rates reduced buyer demand and purchasing power. New listings, pending sales, and closed sales all declined substantially from 2021 levels. Economists predict further price softening and slowing sales in 2023 if inventory remains limited and rates stay high.
- Real estate activity in San Francisco County declined in August 2022 compared to the previous year according to the report. Key metrics such as new listings, pending sales, and median sales prices decreased for both single family homes and condo/co-op properties.
- New listings were down 13.7% for single family homes and 20.4% for condos. Pending sales decreased 25.2% and 29.1% respectively. Median sales prices declined 12.0% for single family homes and 14.1% for condos.
- Higher interest rates, inflation, and recession fears have discouraged buyers and sellers, leading to fewer transactions and declining prices compared to the strong market in previous years.
- Residential real estate activity decreased in San Francisco in March 2022 compared to the previous year. New listings and pending sales declined for both single-family homes and condos. Median sales prices increased for single-family homes but were nearly flat for condos. Housing affordability declined amid high prices and inflation.
- Residential real estate activity in San Francisco decreased significantly in January 2023 compared to January 2022. New listings and pending sales were down 28.5% and 33.1% respectively for single family homes, and down 28.6% and 40.6% for condo/co-op properties. Median sales prices decreased as well, down 16% for single family homes and 6.5% for condo/co-op properties.
San Francisco Market Report November 2022.pdfRonny Budiutama
Residential real estate activity in San Francisco saw declines in November 2022 compared to the previous year. The median sales price for single-family homes decreased 20.2% year-over-year to $1,500,000, while the median price for condos fell 8.9% to $1,148,000. New listings were down 12.3% for single-family properties and 41.9% for condos. Pending sales declined 31.7% for single-family homes and 49.2% for condos. With mortgage rates over double what they were a year ago, housing affordability remains a challenge and fewer buyers and sellers are participating in the market.
- The real estate market in San Francisco cooled in July 2022, with major declines in new listings, pending sales, and sold listings compared to July 2021 for both single family homes and condos.
- The median sales price declined 9.7% year-over-year for single family homes but only slightly (0.8%) for condos.
- Months supply of inventory decreased significantly (32% for single family, 17.5% for condos) indicating that housing demand still exceeds supply despite the slowdown in activity.
- Existing home sales fell 3.4% nationwide in May 2023 compared to the previous month and were down 23% from May 2022 as higher mortgage rates reduced buyer affordability.
- New listings were down 9.0% for single family homes and 36.8% for condos from May 2022 levels, while pending sales decreased 12.0% and 27.7% respectively.
- Median sales prices declined sharply, falling 17.8% for single family homes to $1,650,000 and 7.7% for condos to $1,121,500 compared to May 2022.
- Residential real estate activity in San Francisco saw declines in new listings, pending sales, and sold listings in June 2022 compared to June 2021 for both single family homes and condos/co-ops.
- The median sales price decreased 2.6% year-over-year for single family homes but remained flat for condos/co-ops.
- Rising interest rates and high inflation have cooled homebuyer demand and slowed housing market activity nationwide.
- Home sales declined for the third consecutive month in May 2022 due to high home prices and rising mortgage rates. Housing inventory increased slightly but remains down compared to last year.
- Median sales prices for single family homes increased 6.8% in May 2022 compared to May 2021, while median prices for condos decreased slightly by 0.2%.
- New listings, pending sales, and sold listings all declined in May 2022 from May 2021 for both single family homes and condos, indicating a slowing market with fewer transactions.
- New listings were down 35.9% for single family homes and 1.3% for condo/TIC/Coop properties in November 2023 compared to the previous year.
- The median sales price increased 2.3% to $1,535,000 for single family homes but remained flat at $1,125,000 for condo/TIC/Coop properties in November 2023 year-over-year.
- Inventory remains at historically low levels nationwide, keeping pressure on home prices which have continued to rise despite a slowdown in home sales.
October 2023 Report: San Francisco Real Estate Market InsightsRonny Budiutama
Residential real estate activity in San Francisco declined in October 2023 compared to the previous year. The median sales price for single family homes fell 1.2% year-over-year to $1,650,000, while the median price for condos dropped 1.3% to $1,185,000. New listings were down for both single family (-1.6%) and condos (-17.2%), while pending sales rose for single family homes (+16.9%) but fell for condos (-4.1%). Inventory remained low, rising 2.7% from the prior month but falling 8.1% from a year ago.
The document provides a monthly real estate snapshot for San Francisco County. Some key highlights include:
- New listings were down 46.8% for single family homes and 58% for condos/co-ops in July 2021 compared to a year ago. Pending sales decreased 8% for single family but increased 46.3% for condos/co-ops.
- The median sales price was up 15.3% to $1,850,000 for single family homes but down 4% to $1,210,000 for condos/co-ops in July 2021 versus a year ago. Months of inventory decreased over 60% for both property types.
- Residential real estate activity,
The document provides a monthly snapshot of residential real estate activity in San Francisco County for January 2020. It summarizes key metrics such as median sales prices, new listings, pending sales, and months of inventory. For single family homes, the median sales price increased 5.3% year-over-year to $1,462,500. For condos, the median sales price rose 13.7% to $1,182,500. New listings and pending sales declined compared to January 2019, while months of inventory decreased, signaling a strong start to the housing market in 2020.
- The real estate market remains strong ahead of the spring selling season, with existing home sales up 6.7% in January compared to the previous year.
- New listings were down 32.4% for single family homes and 26.5% for condos in February compared to the previous year, while pending sales also decreased.
- The median sales price increased 17.9% for single family homes and 2.8% for condos in February compared to the previous year, while housing inventory levels decreased substantially.
San Francisco market focus report December 2019Ronny Budiutama
The document provides a monthly snapshot of residential real estate activity in San Francisco for December 2019. Key points include:
- The median sales price for single family homes decreased 2.8% year-over-year to $1,450,000, while the median price for condos increased 4.2% to $1,219,000.
- New listings decreased 40.2% for single family homes and 45.1% for condos year-over-year. Pending sales decreased 8.3% for single family but increased 3.4% for condos.
- Inventory levels decreased across the board while demand remained healthy, suggesting the market remains balanced with low interest rates and wage growth supporting
Residential real estate activity in San Francisco remained strong in August 2020, with some metrics up significantly year-over-year. The median sales price of single family homes rose 3.3% to $1,656,000, while the median price for condos fell 2.9% to $1,244,500. Pending sales of both single family homes and condos increased over 45% compared to August 2019. Months of inventory increased sharply for condos while new listings were down for single family homes but up for condos.
- Residential real estate activity in San Francisco County saw declines across key metrics in June 2023 compared to the previous year. The median sales price for single family homes declined 14.6% year-over-year to $1,605,000, while the median price for condos fell 8.9% to $1,130,000. New listings dropped 32.6% for single family homes and 29.5% for condos. Pending sales rose slightly for single family but declined 9.2% for condos. Months of inventory increased for both property types. Nationwide, housing inventory rose 3.8% but remained low while median home prices fell 3.1% annually.
- Residential real estate activity in San Francisco saw declines in July 2023, with new listings down 23.2% for single family homes and 37.7% for condos from the previous year. Pending sales also decreased nearly 20% and 18.5% respectively.
- The median sales price dropped 13% for single family homes to $1,450,000, and 3.1% for condos to $1,159,500 compared to July 2022. Months of inventory increased over 6% for single family and nearly 16% for condos.
- Higher mortgage rates have limited buyer activity while also discouraging homeowners from listing due to not wanting to give up their lower rates, contributing to
This document provides real estate statistics for the Greater Toronto Area (GTA) in October 2023. It reports that home sales were down 5.8% compared to October 2022, while average home prices increased 3.5% year-over-year. New listings increased compared to the previous year but demand has shifted to the rental market as high interest rates have discouraged some would-be buyers. The document also provides additional statistics on housing sales, prices, and inventory by region within the GTA.
The document summarizes real estate activity data for San Francisco County for April 2022. Key points include:
- Median home sale prices increased 13.9% for single family homes and 13.3% for condos year-over-year.
- New listings were down 38.7% for single family homes and 26.4% for condos compared to April 2021.
- Pending home sales decreased 7.3% for single family homes and 29.9% for condos year-over-year.
The document provides a monthly real estate snapshot for San Francisco County. It summarizes key metrics for single-family homes and condo/co-op properties for December 2020, including year-over-year changes. Median home sales prices increased 9.1% for single-family homes but decreased 8.2% for condos. New listings and pending sales were down while closed sales increased compared to the previous year. The housing market was described as remaining active with low inventory and multiple offers on desirable properties.
The document provides housing market statistics for San Francisco County for December 2023. It shows that existing home sales in the US rose slightly from the previous month but were down 7.3% from the same period last year. In San Francisco, new listings were down 37.5% for single family homes and 3.8% for condos from the previous year. The median sales price fell 5.7% for single family homes but rose 4.9% for condos compared to December 2022. Inventory remained low overall amid continued affordability challenges for buyers.
Residential real estate activity in San Francisco slowed significantly in April 2020 due to the COVID-19 pandemic. New listings and pending sales decreased over 60% for both single family homes and condos compared to April 2019. Median sales prices increased 5-6% for single family homes and condos year-over-year despite significantly lower activity levels.
Gianluigi Torzi | Managing Director and Head of Capital MarketsGianluigi Torzi
Gianluigi Torzi is a prominent figure in the financial industry, known for his strategic leadership as Managing Director and Head of Capital Markets for the Middle East and Africa. Gianluigi Torzi extensive experience in investment banking equips him with the skills to navigate complex financial landscapes and deliver exceptional results for clients
San Francisco Market Report November 2022.pdfRonny Budiutama
Residential real estate activity in San Francisco saw declines in November 2022 compared to the previous year. The median sales price for single-family homes decreased 20.2% year-over-year to $1,500,000, while the median price for condos fell 8.9% to $1,148,000. New listings were down 12.3% for single-family properties and 41.9% for condos. Pending sales declined 31.7% for single-family homes and 49.2% for condos. With mortgage rates over double what they were a year ago, housing affordability remains a challenge and fewer buyers and sellers are participating in the market.
- The real estate market in San Francisco cooled in July 2022, with major declines in new listings, pending sales, and sold listings compared to July 2021 for both single family homes and condos.
- The median sales price declined 9.7% year-over-year for single family homes but only slightly (0.8%) for condos.
- Months supply of inventory decreased significantly (32% for single family, 17.5% for condos) indicating that housing demand still exceeds supply despite the slowdown in activity.
- Existing home sales fell 3.4% nationwide in May 2023 compared to the previous month and were down 23% from May 2022 as higher mortgage rates reduced buyer affordability.
- New listings were down 9.0% for single family homes and 36.8% for condos from May 2022 levels, while pending sales decreased 12.0% and 27.7% respectively.
- Median sales prices declined sharply, falling 17.8% for single family homes to $1,650,000 and 7.7% for condos to $1,121,500 compared to May 2022.
- Residential real estate activity in San Francisco saw declines in new listings, pending sales, and sold listings in June 2022 compared to June 2021 for both single family homes and condos/co-ops.
- The median sales price decreased 2.6% year-over-year for single family homes but remained flat for condos/co-ops.
- Rising interest rates and high inflation have cooled homebuyer demand and slowed housing market activity nationwide.
- Home sales declined for the third consecutive month in May 2022 due to high home prices and rising mortgage rates. Housing inventory increased slightly but remains down compared to last year.
- Median sales prices for single family homes increased 6.8% in May 2022 compared to May 2021, while median prices for condos decreased slightly by 0.2%.
- New listings, pending sales, and sold listings all declined in May 2022 from May 2021 for both single family homes and condos, indicating a slowing market with fewer transactions.
- New listings were down 35.9% for single family homes and 1.3% for condo/TIC/Coop properties in November 2023 compared to the previous year.
- The median sales price increased 2.3% to $1,535,000 for single family homes but remained flat at $1,125,000 for condo/TIC/Coop properties in November 2023 year-over-year.
- Inventory remains at historically low levels nationwide, keeping pressure on home prices which have continued to rise despite a slowdown in home sales.
October 2023 Report: San Francisco Real Estate Market InsightsRonny Budiutama
Residential real estate activity in San Francisco declined in October 2023 compared to the previous year. The median sales price for single family homes fell 1.2% year-over-year to $1,650,000, while the median price for condos dropped 1.3% to $1,185,000. New listings were down for both single family (-1.6%) and condos (-17.2%), while pending sales rose for single family homes (+16.9%) but fell for condos (-4.1%). Inventory remained low, rising 2.7% from the prior month but falling 8.1% from a year ago.
The document provides a monthly real estate snapshot for San Francisco County. Some key highlights include:
- New listings were down 46.8% for single family homes and 58% for condos/co-ops in July 2021 compared to a year ago. Pending sales decreased 8% for single family but increased 46.3% for condos/co-ops.
- The median sales price was up 15.3% to $1,850,000 for single family homes but down 4% to $1,210,000 for condos/co-ops in July 2021 versus a year ago. Months of inventory decreased over 60% for both property types.
- Residential real estate activity,
The document provides a monthly snapshot of residential real estate activity in San Francisco County for January 2020. It summarizes key metrics such as median sales prices, new listings, pending sales, and months of inventory. For single family homes, the median sales price increased 5.3% year-over-year to $1,462,500. For condos, the median sales price rose 13.7% to $1,182,500. New listings and pending sales declined compared to January 2019, while months of inventory decreased, signaling a strong start to the housing market in 2020.
- The real estate market remains strong ahead of the spring selling season, with existing home sales up 6.7% in January compared to the previous year.
- New listings were down 32.4% for single family homes and 26.5% for condos in February compared to the previous year, while pending sales also decreased.
- The median sales price increased 17.9% for single family homes and 2.8% for condos in February compared to the previous year, while housing inventory levels decreased substantially.
San Francisco market focus report December 2019Ronny Budiutama
The document provides a monthly snapshot of residential real estate activity in San Francisco for December 2019. Key points include:
- The median sales price for single family homes decreased 2.8% year-over-year to $1,450,000, while the median price for condos increased 4.2% to $1,219,000.
- New listings decreased 40.2% for single family homes and 45.1% for condos year-over-year. Pending sales decreased 8.3% for single family but increased 3.4% for condos.
- Inventory levels decreased across the board while demand remained healthy, suggesting the market remains balanced with low interest rates and wage growth supporting
Residential real estate activity in San Francisco remained strong in August 2020, with some metrics up significantly year-over-year. The median sales price of single family homes rose 3.3% to $1,656,000, while the median price for condos fell 2.9% to $1,244,500. Pending sales of both single family homes and condos increased over 45% compared to August 2019. Months of inventory increased sharply for condos while new listings were down for single family homes but up for condos.
- Residential real estate activity in San Francisco County saw declines across key metrics in June 2023 compared to the previous year. The median sales price for single family homes declined 14.6% year-over-year to $1,605,000, while the median price for condos fell 8.9% to $1,130,000. New listings dropped 32.6% for single family homes and 29.5% for condos. Pending sales rose slightly for single family but declined 9.2% for condos. Months of inventory increased for both property types. Nationwide, housing inventory rose 3.8% but remained low while median home prices fell 3.1% annually.
- Residential real estate activity in San Francisco saw declines in July 2023, with new listings down 23.2% for single family homes and 37.7% for condos from the previous year. Pending sales also decreased nearly 20% and 18.5% respectively.
- The median sales price dropped 13% for single family homes to $1,450,000, and 3.1% for condos to $1,159,500 compared to July 2022. Months of inventory increased over 6% for single family and nearly 16% for condos.
- Higher mortgage rates have limited buyer activity while also discouraging homeowners from listing due to not wanting to give up their lower rates, contributing to
This document provides real estate statistics for the Greater Toronto Area (GTA) in October 2023. It reports that home sales were down 5.8% compared to October 2022, while average home prices increased 3.5% year-over-year. New listings increased compared to the previous year but demand has shifted to the rental market as high interest rates have discouraged some would-be buyers. The document also provides additional statistics on housing sales, prices, and inventory by region within the GTA.
The document summarizes real estate activity data for San Francisco County for April 2022. Key points include:
- Median home sale prices increased 13.9% for single family homes and 13.3% for condos year-over-year.
- New listings were down 38.7% for single family homes and 26.4% for condos compared to April 2021.
- Pending home sales decreased 7.3% for single family homes and 29.9% for condos year-over-year.
The document provides a monthly real estate snapshot for San Francisco County. It summarizes key metrics for single-family homes and condo/co-op properties for December 2020, including year-over-year changes. Median home sales prices increased 9.1% for single-family homes but decreased 8.2% for condos. New listings and pending sales were down while closed sales increased compared to the previous year. The housing market was described as remaining active with low inventory and multiple offers on desirable properties.
The document provides housing market statistics for San Francisco County for December 2023. It shows that existing home sales in the US rose slightly from the previous month but were down 7.3% from the same period last year. In San Francisco, new listings were down 37.5% for single family homes and 3.8% for condos from the previous year. The median sales price fell 5.7% for single family homes but rose 4.9% for condos compared to December 2022. Inventory remained low overall amid continued affordability challenges for buyers.
Residential real estate activity in San Francisco slowed significantly in April 2020 due to the COVID-19 pandemic. New listings and pending sales decreased over 60% for both single family homes and condos compared to April 2019. Median sales prices increased 5-6% for single family homes and condos year-over-year despite significantly lower activity levels.
Similar to The Palm Beach Real Estate Market: A Cooling Off (20)
Gianluigi Torzi | Managing Director and Head of Capital MarketsGianluigi Torzi
Gianluigi Torzi is a prominent figure in the financial industry, known for his strategic leadership as Managing Director and Head of Capital Markets for the Middle East and Africa. Gianluigi Torzi extensive experience in investment banking equips him with the skills to navigate complex financial landscapes and deliver exceptional results for clients
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
Expressways of India: A Comprehensive Guidenarinav14
India’s expressway network is a testament to the nation’s dedication to improving infrastructure and connectivity. These high-speed corridors facilitate seamless travel across vast distances, reducing travel time and fuel consumption
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Experience Premier Urban Lifestyle at Kohinoor Satori, Mahalungegraphicparadice786
Experience a harmonious blend of luxury and tranquility at Kohinoor Satori Apartments, situated in the rapidly developing locality of Mahalunge, Pune. These thoughtfully designed residences are crafted to offer a premium living experience, merging modern aesthetics with functional elegance.
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Selling your home can be easy. Our team helps make it happen.Eric B. Slifkin, PA
Why hire one realtor when you can hire a team for the exact cost? Our team ensures better service, communication, and efficiency, which can make all the difference in finding your perfect home or securing the right buyer. See how we market homes for sellers.
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
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Why is Revit MEP Outsourcing considered an as good option for construction pr...MarsBIM1
Outsourcing MEP modeling services require effective collaboration and coordination amongst multiple engineering trades. The engineers and the designers often change the details of the MEP projects, but the work of Revit MEP drafting services is having the master plan and model of the complete project. To have proper coordination and installation, there is a need to execute the project effectively. Hence, the work of Revit family creation facilitates the MEP engineers.
🌟 Find Your Balance with Oree Reality
Happy International Yoga Day! 🌿 At Oree Reality, we believe in the harmony of mind, body, and home. Just as yoga brings balance and peace, finding the perfect home can do the same for your life.
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
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1. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
Year-to-Date 199 -31.8%
-26.2%
141 -14.2%
Closed Sales
104
80 Days
50 -12.0%
117 88.9%
2.7 233.3%
Summary Statistics
Closed Sales
Paid in Cash
90.1%
Q2 2023
$1,525,000
Median Sale Price
Average Sale Price
Dollar Volume
Median Percent of Original
List Price Received
$1,275,000 19.6%
$248.9 Million $334.9 Million -25.7%
$2,393,622 $2,374,987 0.8%
Q2 2022
Percent Change
Year-over-Year
81 118 -31.4%
104 141 -26.2%
97.8% -7.9%
79 Days 20 Days 295.0%
Q2 2023
Median Time to Contract
121 Days
90
Median Time to Sale
New Pending Sales
New Listings
Quarter
121
Pending Inventory 44
Inventory (Active Listings) 221
Months Supply of Inventory 9.0
51.3%
108 -16.7%
Percent Change
Year-over-Year
135
Q2 2020 82
Q3 2021 114
Q2 2021 289
Q2 2022 141
Q1 2022 151
Q4 2021 122
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same quarter in the previous year),
rather than changes from one quarter to the next.
Q1 2023 95 -37.1%
-62.3%
-55.3%
Q4 2022 46
Q3 2022 51
-51.8%
Q1 2021 215
Q4 2020 168
72.0%
60.0%
16.4%
-51.2%
-29.8%
-15.6%
252.4%
-27.4%
Q3 2020
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Quarterly Market Detail - Q2 2023
Palm Beach Board of REALTORS®
Townhouses and Condos
Closed Sales
The number of sales transactions which closed during
the quarter
2019 2020 2021 2022
0
50
100
150
200
250
300
350
Closed
Sales
2. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
Q3 2022
Quarter Cash Sales
Percent Change
Year-over-Year
Q2 2023 81 -31.4%
Q1 2023 82 -32.8%
Q4 2022 35 -63.9%
Year-to-Date 163 -32.1%
175 71.6%
35 -61.5%
Q2 2022 118 -50.4%
Q3 2021 91 -7.1%
Q1 2022 122 -30.3%
Q4 2021 97 -23.6%
Q2 2023 77.9% -6.9%
Q1 2023 86.3% 6.8%
Q4 2022 76.1% -4.3%
Q3 2022 68.6% -14.0%
-7.7%
Q2 2022 83.7% 1.6%
Q1 2022 80.8% -0.7%
Q4 2021 79.5% 5.2%
Q3 2021 79.8% 9.9%
Q2 2021 82.4% 12.6%
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
paid fully in cash) each quarter involved some sort of financing, such
as mortgages, owner/seller financing, assumed loans, etc.
Economists' note : Cash Sales can be a useful indicator of the extent
to which investors are participating in the market. Why? Investors
are far more likely to have the funds to purchase a home available up
front, whereas the typical homebuyer requires a mortgage or some
other form of financing. There are, of course, many possible
exceptions, so this statistic should be interpreted with care.
Year-to-Date 81.9% -0.4%
Quarter
Percent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
Q3 2020 72.6% -1.0%
Q2 2020
Q2 2020 60 -51.2%
Q4 2020
73.2% 1.1%
Q1 2021 81.4%
Q2 2021 238 296.7%
Q1 2021
127 47.7%
Q3 2020 98 15.3%
-0.2%
Q4 2020 75.6%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
0%
20%
40%
60%
80%
100%
Pct.
of
Closed
Sales
Paid
in
Cash
0
50
100
150
200
250
Cash
Sales
Quarterly Market Detail - Q2 2023
2019 2020 2021 2022
Palm Beach Board of REALTORS®
Townhouses and Condos
Cash Sales
The number of Closed Sales during the quarter in
which buyers exclusively paid in cash
2019 2020 2021 2022
Cash Sales as a Percentage of Closed Sales
The percentage of Closed Sales during the quarter
which were Cash Sales
3. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
Quarter Median Sale Price
Percent Change
Year-over-Year
Q2 2023 $1,525,000 19.6%
Year-to-Date $1,400,000 8.0%
Q3 2021 $725,000 -7.3%
Q1 2023 $1,305,000 -1.4%
Q4 2022 $1,145,000 42.2%
Q1 2022 $1,323,000 39.3%
Q4 2021 $805,000 -8.0%
Q3 2022 $998,000 37.7%
Q2 2022 $1,275,000 27.6%
Q2 2021 $999,500 22.1%
Q1 2021 $950,000 19.5%
Q4 2020 $875,000 26.4%
Q3 2020 $782,500 7.6%
Q2 2020 $818,750 23.4%
Quarter Average Sale Price
Percent Change
Year-over-Year
Q2 2023 $2,393,622 0.8%
Q1 2023 $2,511,458 23.0%
Q4 2022 $2,268,867 36.2%
Q3 2022 $1,732,392 21.7%
-29.3%
Q2 2022 $2,374,987 51.6%
Q1 2022 $2,041,792 31.2%
Q4 2021 $1,666,358 5.1%
Q3 2021 $1,423,596 1.6%
Q2 2021 $1,566,302 7.1%
11.2%
$2,449,875
Year-to-Date
Economists' note : Median Sale Price is our preferred summary
statistic for price activity because, unlike Average Sale Price, Median
Sale Price is not sensitive to high sale prices for small numbers of
homes that may not be characteristic of the market area. Keep in
mind that median price trends over time are not always solely caused
by changes in the general value of local real estate. Median sale price
only reflects the values of the homes that sold each quarter, and the
mix of the types of homes that sell can change over time.
Economists' note : Usually, we prefer Median Sale Price over
Average Sale Price as a summary statistic for home prices. However,
Average Sale Price does have its uses—particularly when it is
analyzed alongside the Median Sale Price. For one, the relative
difference between the two statistics can provide some insight into
the market for higher-end homes in an area.
Q3 2020 $1,400,570 -40.7%
Q2 2020 $1,462,160 22.3%
Q1 2021 $1,556,520 6.5%
Q4 2020 $1,585,254
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
$0K
$500K
$1000K
$1500K
$2000K
$2500K
$3000K
Average
Sale
Price
$0K
$500K
$1000K
$1500K
$2000K
Median
Sale
Price
Quarterly Market Detail - Q2 2023
2019 2020 2021 2022
Palm Beach Board of REALTORS®
Townhouses and Condos
Median Sale Price
The median sale price reported for the quarter (i.e.
50% of sales were above and 50% of sales were below)
2019 2020 2021 2022
Average Sale Price
The average sale price reported for the quarter (i.e.
total sales in dollars divided by the number of sales)
4. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
Quarter Dollar Volume
Percent Change
Year-over-Year
Q2 2023 $248.9 Million -25.7%
Year-to-Date $487.5 Million -24.2%
-14.2%
Q1 2023 $238.6 Million -22.6%
Q4 2022 $104.4 Million -48.7%
$334.7 Million 83.2%
Q3 2022 $88.4 Million -45.6%
Q2 2022 $334.9 Million -26.0%
Q1 2022 $308.3 Million -7.9%
Q4 2021 $203.3 Million -23.7%
Q3 2021 $162.3 Million
Q2 2023 90.1% -7.9%
Q1 2023 91.3% -4.8%
Q4 2022 91.5% -5.3%
Q3 2022 94.7% -1.0%
-1.4%
Q2 2022 97.8% 2.9%
Q1 2022 95.9% 2.2%
Q4 2021 96.6% 5.6%
Q3 2021 95.7% 6.2%
Q2 2021 95.0% 4.9%
Economists' note : The Median Percent of Original List Price
Received is useful as an indicator of market recovery, since it
typically rises as buyers realize that the market may be moving away
from them and they need to match the selling price (or better it) in
order to get a contract on the house. This is usually the last measure
to indicate a market has shifted from down to up, so it is what we
would call a lagging indicator.
Economists' note : Dollar Volume is simply the sum of all sale prices
in a given time period, and can quickly be calculated by multiplying
Closed Sales by Average Sale Price. It is a strong indicator of the
health of the real estate industry in a market, and is of particular
interest to real estate professionals, investors, analysts, and
government agencies. Potential home sellers and home buyers, on
the other hand, will likely be better served by paying attention to
trends in the two components of Dollar Volume (i.e. sales and prices)
individually.
-6.5%
91.0%
Year-to-Date
Quarter
Med. Pct. of Orig.
List Price Received
Percent Change
Year-over-Year
Q3 2020 90.1% -0.9%
Q2 2020
Q2 2020 $119.9 Million -41.0%
Q4 2020
90.6% 1.8%
Q1 2021 93.8%
Q2 2021 $452.7 Million 277.5%
Q1 2021
$266.3 Million 13.0%
Q3 2020 $189.1 Million -31.0%
3.9%
Q4 2020 91.5%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
0%
20%
40%
60%
80%
100%
120%
Med.
Pct.
of
Orig.
List
Price
Received
$0
$100 M
$200 M
$300 M
$400 M
$500 M
Dollar
Volume
Quarterly Market Detail - Q2 2023
2019 2020 2021 2022
Palm Beach Board of REALTORS®
Townhouses and Condos
Dollar Volume
The sum of the sale prices for all sales which closed
during the quarter
2019 2020 2021 2022
Median Percent of Original List Price Received
The median of the sale price (as a percentage of the original list
price) across all properties selling during the quarter
5. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
60 Days 100.0%
Q3 2022 21 Days -63.2%
Q2 2021 70 Days -45.3%
Quarter
Median Time to
Contract
Percent Change
Year-over-Year
Q2 2023 79 Days 295.0%
75 Days 212.5%
Year-to-Date
Q1 2023 74 Days 138.7%
Q4 2022
Q4 2021 30 Days -78.4%
Q3 2021 57 Days -67.6%
Q2 2022 20 Days -71.4%
Q1 2022 31 Days -71.0%
107 Days -8.5%
Q4 2020 139 Days -7.9%
Q1 2021
Q3 2020 176 Days 8.0%
Q2 2020 128 Days 7.6%
Quarter Median Time to Sale
Percent Change
Year-over-Year
Q2 2023 121 Days 51.3%
47.4%
115 Days
Year-to-Date
Q1 2023 113 Days 44.9%
Q4 2022 105 Days 47.9%
-7.7%
Q3 2022 83 Days -26.5%
Q2 2022 80 Days -30.4%
Q1 2022 78 Days -45.5%
Q4 2021 71 Days -56.4%
Q3 2021 113 Days -47.2%
Q2 2020 165 Days 5.1%
Economists' note : Time to Sale is a measure of the length of the
home selling process, calculated as the number of days between the
initial listing of a property and the closing of the sale. Median Time
to Sale is the amount of time the "middle" property selling this month
was on the market. That is, 50% of homes selling this month took
less time to sell, and 50% of homes took more time to sell. Median
Time to Sale gives a more accurate picture than Average Time to Sale,
which can be skewed upward by small numbers of properties taking
an abnormally long time to sell.
Economists' note : Like Time to Sale, Time to Contract is a measure
of the length of the home selling process calculated for sales which
closed during the quarter. The difference is that Time to Contract
measures the number of days between the initial listing of a property
and the signing of the contract which eventually led to the closing of
the sale. When the gap between Median Time to Contract and Median
Time to Sale grows, it is usually a sign of longer closing times and/or
declining numbers of cash sales.
Q4 2020 163 Days -35.3%
Q3 2020 214 Days -7.0%
Q2 2021 115 Days -30.3%
Q1 2021 143 Days
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
0
50
100
150
200
250
300
Median
Time
to
Sale
0
50
100
150
200
Median
Time
to
Contract
Quarterly Market Detail - Q2 2023
2019 2020 2021 2022
Palm Beach Board of REALTORS®
Townhouses and Condos
Median Time to Contract
The median number of days between the listing date
and contract date for all Closed Sales during the quarter
2019 2020 2021 2022
Median Time to Sale
The median number of days between the listing date
and closing date for all Closed Sales during the quarter
6. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
Economists' note : New Listings tend to rise in delayed response to
increasing prices, so they are often seen as a lagging indicator of
market health. As prices rise, potential sellers raise their estimations
of value—and in the most recent cycle, rising prices have freed up
many potential sellers who were previously underwater on their
mortgages. Note that in our calculations, we take care to not include
properties that were recently taken off the market and quickly
relisted, since these are not really new listings.
Economists' note : Because of the typical length of time it takes for a
sale to close, economists consider Pending Sales to be a decent
indicator of potential future Closed Sales. It is important to bear in
mind, however, that not all Pending Sales will be closed successfully.
So, the effectiveness of Pending Sales as a future indicator of Closed
Sales is susceptible to changes in market conditions such as the
availability of financing for homebuyers and the inventory of
distressed properties for sale.
Quarter New Pending Sales
Percent Change
Year-over-Year
Q2 2023 90 -16.7%
Year-to-Date 216 -29.2%
Q3 2021 113 -28.0%
Q1 2023 126 -36.0%
Q4 2022 63 -52.6%
Q1 2022 197 -38.1%
Q4 2021 133 -25.3%
Q3 2022 41 -63.7%
Q2 2022 108 -53.0%
Q2 2021 230 125.5%
Q1 2021 318 120.8%
Q4 2020 178 87.4%
Q3 2020 157 76.4%
Q2 2020 102 -40.0%
Quarter New Listings
Percent Change
Year-over-Year
Q2 2023 121 -14.2%
Q1 2023 198 10.6%
Q4 2022 152 -4.4%
Q3 2022 91 -26.0%
123 -39.4%
Q2 2021 150 -16.7%
Q2 2020 180 -1.6%
Q1 2021 216 -14.3%
Q4 2020 224 -16.7%
Year-to-Date 319 -0.3%
Q3 2020 203 23.0%
Q2 2022 141 -6.0%
Q1 2022 179 -17.1%
Q4 2021 159 -29.0%
Q3 2021
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
0
50
100
150
200
250
300
New
Listings
0
50
100
150
200
250
300
350
Pending
Sales
Quarterly Market Detail - Q2 2023
2019 2020 2021 2022
Palm Beach Board of REALTORS®
Townhouses and Condos
New Pending Sales
The number of listed properties that went under
contract during the quarter
2019 2020 2021 2022
New Listings
The number of properties put onto the market during
the quarter
7. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
Economists' note : There are a number of ways to define and
calculate Inventory. Our method is to simply count the number of
active listings on the last day of the quarter, and hold this number to
compare with the same quarter the following year. Inventory rises
when New Listings are outpacing the number of listings that go off-
market (regardless of whether they actually sell). Likewise, it falls
when New Listings aren't keeping up with the rate at which homes
are going off-market.
Economists' note : MSI is a useful indicator of market conditions.
The benchmark for a balanced market (favoring neither buyer nor
seller) is 5.5 months of inventory. Anything higher is traditionally a
buyers' market, and anything lower is a sellers' market. There is no
single accepted way of calculating MSI. A common method is to
divide current Inventory by the most recent month's Closed Sales
count, but this count is a usually poor predictor of future Closed Sales
due to seasonal cycles. To eliminate seasonal effects, we use the 12-
month average of monthly Closed Sales instead.
YTD (Monthly Avg) 9.0 373.7%
Quarter Months Supply
Percent Change
Year-over-Year
Q2 2020 13.1 21.3%
Q4 2020 9.0 -30.2%
Q3 2020 11.0
Q2 2020 468 4.9%
Q4 2020 381 -30.0%
Q3 2020 408 -8.3%
3.8%
Q2 2021 1.7 -87.0%
Q1 2021 4.4 -61.7%
Q4 2021 1.9 -78.9%
Q3 2021 1.6 -85.5%
Q2 2022 2.7 58.8%
Q1 2022 1.6 -63.6%
Q4 2022 6.4 236.8%
Q3 2022 3.5 118.8%
Q2 2023 9.0 233.3%
Q1 2023 9.0 462.5%
221 -55.4%
Q4 2021 118 -69.0%
Q3 2021 107 -73.8%
Q2 2021 112 -76.1%
Q1 2021
27.1%
Q2 2022 117 4.5%
Q1 2022 91 -58.8%
Q3 2022 136
Quarter Inventory
Percent Change
Year-over-Year
Q2 2023 221 88.9%
244 147.7%
YTD (Monthly Avg)
Q1 2023 251 175.8%
Q4 2022 208 76.3%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
Months
Supply
of
Inventory
0
100
200
300
400
500
600
Inventory
Quarterly Market Detail - Q2 2023
2019 2020 2021 2022
Palm Beach Board of REALTORS®
Townhouses and Condos
Inventory (Active Listings)
The number of property listings active at the end of
the quarter
2019 2020 2021 2022
Months Supply of Inventory
An estimate of the number of months it will take to
deplete the current Inventory given recent sales rates
8. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
$600,000 - $999,999 126 Days 500.0%
$1,000,000 or more 79 Days 259.1%
Economists' note : Like Time to Sale, Time to Contract is a measure
of the length of the home selling process calculated for sales which
closed during the quarter. The difference is that Time to Contract
measures the number of days between the initial listing of a property
and the signing of the contract which eventually led to the closing of
the sale. When the gap between Median Time to Contract and Median
Time to Sale grows, it is usually a sign of longer closing times and/or
declining numbers of cash sales.
$150,000 - $199,999 (No Sales) N/A
$200,000 - $249,999 12 Days 9.1%
$250,000 - $299,999
$400,000 - $599,999 19 Days 137.5%
(No Sales) N/A
$300,000 - $399,999 51 Days -7.3%
Economists' note: Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same quarter in the previous year),
rather than changes from one quarter to the next.
Sale Price
Median Time to
Contract
Percent Change
Year-over-Year
Less than $50,000 (No Sales) N/A
$1,000,000 or more 66 -22.4%
$250,000 - $299,999 0 -100.0%
$300,000 - $399,999 9 200.0%
$50,000 - $99,999 7 Days N/A
$100,000 - $149,999
$400,000 - $599,999 7 -66.7%
$600,000 - $999,999 19 -20.8%
(No Sales) N/A
$150,000 - $199,999 0 -100.0%
$200,000 - $249,999 2 100.0%
$100,000 - $149,999 0 -100.0%
Sale Price Closed Sales
Percent Change
Year-over-Year
Less than $50,000 0 N/A
$50,000 - $99,999 1 N/A
0
20
40
60
80
100
120
140
Less than
$50,000
$50,000 -
$99,999
$100,000 -
$149,999
$150,000 -
$199,999
$200,000 -
$249,999
$250,000 -
$299,999
$300,000 -
$399,999
$400,000 -
$599,999
$600,000 -
$999,999
$1,000,000 or
more
Median
Time
to
Contract
Q2 2022 Q2 2023
0
20
40
60
80
100
120
140
0
10
20
30
40
50
60
70
80
90
Less than
$50,000
$50,000 -
$99,999
$100,000 -
$149,999
$150,000 -
$199,999
$200,000 -
$249,999
$250,000 -
$299,999
$300,000 -
$399,999
$400,000 -
$599,999
$600,000 -
$999,999
$1,000,000 or
more
Closed
Sales
Q2 2022 Q2 2023
0
10
20
30
40
50
60
70
80
90
Quarterly Market Detail - Q2 2023
Palm Beach Board of REALTORS®
Townhouses and Condos
Closed Sales by Sale Price
The number of sales transactions which closed during
the quarter
Median Time to Contract by Sale Price
The median number of days between the listing date
and contract date for all Closed Sales during the quarter
9. This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
$600,000 - $999,999 39 178.6%
$1,000,000 or more 142 79.7%
Economists' note : There are a number of ways to define and
calculate Inventory. Our method is to simply count the number of
active listings on the last day of the quarter, and hold this number to
compare with the same quarter the following year. Inventory rises
when New Listings are outpacing the number of listings that go off-
market (regardless of whether they actually sell). Likewise, it falls
when New Listings aren't keeping up with the rate at which homes
are going off-market.
$150,000 - $199,999 1 0.0%
$200,000 - $249,999 0 N/A
$250,000 - $299,999 3 N/A
$300,000 - $399,999 6 -14.3%
$400,000 - $599,999 29 107.1%
$50,000 - $99,999 0 N/A
$100,000 - $149,999 1 -50.0%
Current Listing Price Inventory
Percent Change
Year-over-Year
Less than $50,000 0 N/A
$600,000 - $999,999 22 4.8%
$1,000,000 or more 73 -13.1%
Economists' note: New Listings tend to rise in delayed response to
increasing prices, so they are often seen as a lagging indicator of
market health. As prices rise, potential sellers raise their estimations
of value—and in the most recent cycle, rising prices have freed up
many potential sellers who were previously underwater on their
mortgages. Note that in our calculations, we take care to not include
properties that were recently taken off the market and quickly
relisted, since these are not really new listings.
$150,000 - $199,999 1 N/A
$200,000 - $249,999 1 0.0%
$250,000 - $299,999 2 100.0%
$300,000 - $399,999 3 -76.9%
$400,000 - $599,999 18 -14.3%
$50,000 - $99,999 1 N/A
$100,000 - $149,999 0 N/A
Initial Listing Price New Listings
Percent Change
Year-over-Year
Less than $50,000 0 N/A
0
20
40
60
80
100
120
140
160
Less than
$50,000
$50,000 -
$99,999
$100,000 -
$149,999
$150,000 -
$199,999
$200,000 -
$249,999
$250,000 -
$299,999
$300,000 -
$399,999
$400,000 -
$599,999
$600,000 -
$999,999
$1,000,000 or
more
Inventory
Q2 2022 Q2 2023
0
20
40
60
80
100
120
140
160
0
10
20
30
40
50
60
70
80
90
Less than
$50,000
$50,000 -
$99,999
$100,000 -
$149,999
$150,000 -
$199,999
$200,000 -
$249,999
$250,000 -
$299,999
$300,000 -
$399,999
$400,000 -
$599,999
$600,000 -
$999,999
$1,000,000 or
more
New
Listings
Q2 2022 Q2 2023
0
10
20
30
40
50
60
70
80
90
Quarterly Market Detail - Q2 2023
Palm Beach Board of REALTORS®
Townhouses and Condos
New Listings by Initial Listing Price
The number of properties put onto the market during
the quarter
Inventory by Current Listing Price
The number of property listings active at the end of
the quarter
10. This report describes member activity for the association and is not confined to any specific geographic area.
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Produced by Florida Realtors® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Thursday, July 20, 2023. Next data release is Thursday, October 19, 2023.
Short Sale
0 0 N/A
(No Sales) (No Sales) N/A
Foreclosure/REO
0 0 N/A
(No Sales) (No Sales) N/A
Q2 2023 Q2 2022
Percent Change
Year-over-Year
Traditional
104 141 -26.2%
$1,525,000 $1,275,000 19.6%
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
Median
Sale
Price
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Closed
Sales
Traditional Foreclosure/REO Short Sale
2019 2020 2021 2022
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Quarterly Distressed Market - Q2 2023
Palm Beach Board of REALTORS®
Townhouses and Condos
2019 2020 2021 2022