Report Date: Fall 2006
Nearest Metro Area: Palm Beach/Miami, FL
Buyer's or Seller's Market: More sellers than buyers
Average Time On Market: More than 120 days
Market Trend: Increasing
Housing Inventory: Good supply, all prices
Average Home Prices: $450,000
Compared To Last Year: Down 0-5%
Prices As % Of Asking Price: 90-95%
Multiple Offers?: No
Greatest Activity: Condos/Townhomes
Housing Hot Spots: There are really no hot spots.
Reasons To Buy/Sell Now: Other
The number of homes on the market has increased from last year. There are many listings expiring unsold.