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PBC Housing Market: Prices Up, Sales Slow

If you're selling a home in Palm Beach County, you might get more for it. 

The median price for a single family home here last month was $272,000, a 16 percent increase from a year ago.  But, the Realtors Association of the Palm Beaches' latest report shows the volume of sales has stalled, inching up just one percent from February 2013. 

According to the Palm Beach Post, realtors blame a lack of inventory priced under $300,000 for the pace of sales. 

Image: Thinkstock

 

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