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<p><span style="font-size: 16px;"><strong style="color: rgb(0, 0, 0); font-family: Arial, sans-serif; white-space-collapse: preserve;">&nbsp;As we embark on 2025, the Palm Beach County real estate market tells an intriguing story of evolving trends. December 2024 was marked by a significant shift into a buyer’s market, creating opportunities for both buyers and sellers. At Leah Ball &amp; Co., we’re dedicated to equipping you with the knowledge and personalized guidance needed to navigate these trends with confidence.</strong></span></p><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;"><span style="font-size: 16px;"><span style="font-family: Arial, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong>Whether you’re seeking </strong></span><span style="font-family: Arial, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong>Avenir homes for sale</strong></span><span style="font-family: Arial, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong>, a </strong></span><span style="font-family: Arial, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong>condo for sale in Jupiter FL</strong></span><span style="font-family: Arial, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong>, or planning to sell your property in Palm Beach County, our service-first approach ensures a seamless and informed experience tailored to your real estate goals.</strong></span></span></p><div class="se-component se-image-container __se__float-none"><figure><img src="https://quicktours-static.s3.us-west-1.amazonaws.com/agent_richtext/20250110111342.jpg" alt="" width="" height="" style="" origin-size="1238,824"></figure></div><hr class="__se__dashed"><h3>Market Recap: December 2024 Key Highlights<br></h3><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;"><span style="font-size: 16px;">The December 2024 market data paints a picture of change, opportunity, and growth. Here’s what you need to know:</span></p><ol><li style="font-size: 16px; font-weight: bold;"><strong>A Buyer’s Market Emerges</strong></li><ol><ul><li style="font-size: 16px;"><strong>Inventory Surge:</strong> Active listings in December increased by 40.2% year-over-year, offering buyers a broader range of options.</li><li style="font-size: 16px;"><strong>Sales Decline:</strong> Closed sales dropped by 7.1% compared to December 2023 but were up 6% month-over-month</li><li style="font-size: 16px;"><strong>Months of Inventory:</strong>&nbsp;At 10.1 months, inventory levels indicate a strong buyer’s market (50.8% higher than the previous year).</li></ul></ol><li style="font-size: 16px; font-weight: bold;"><strong>Rising Property Values</strong></li><ol><ul><li style="font-size: 16px;">The <strong>average sold price per square foot</strong> climbed to $595, a 20.7% increase from December 2023 and a 6.1% rise from November 2024.</li><li style="font-size: 16px;"><strong>Median Sold Price: </strong>Up 13.7% year-over-year to $573,000, with consistent appreciation across six months.</li></ul></ol><li style="font-size: 16px; font-weight: bold;"><strong>Extended Days on Market</strong></li><ol><ul><li style="font-size: 16px;">Homes spent an average of 75 days on the market in December, up 36.4% from last year. This reflects a more deliberate buying process, typical of a buyer’s market.</li></ul></ol></ol><p><br></p><div class="se-component se-image-container __se__float-none"><figure><img src="https://quicktours-static.s3.us-west-1.amazonaws.com/agent_richtext/20250110114338.jpg" alt="" width="" height="" style="" origin-size="1236,674"></figure></div><p><br></p><hr class="__se__dashed"><h3>​Tailored Insights for Buyers</h3><p>​<br>With expanded inventory and appreciating property values, buyers have the unique opportunity to explore a wider selection while benefiting from long-term value appreciation. As interest rates fluctuate, strategic planning is key.</p><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">Looking to buy? <em>Explore Avenir homes for sale and explore the gorgeous modern homes&nbsp;of&nbsp;<a href="https://leahspropertyshop.com/panther-national">Panther&nbsp;National</a></em> and other new construction opportunities on our <a href="https://leahspropertyshop.com/new-construction/">New Construction Page</a>. We’re here to help you find the perfect property in Palm Beach Gardens, Jupiter, Loxahatchee or Lake Worth Beach.<br><br></p><hr class="__se__dashed"><p><br></p><h3 style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;">Tailored Insights for Sellers</h3><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">For sellers, the current market dynamics may seem challenging, but opportunities still abound. Rising average sold prices (+32.9% year-over-year) signal that well-prepared properties can achieve impressive returns.</p><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">Curious about your home’s value or considering selling? Visit our <a href="https://leahspropertyshop.com/selling/">Sell Your Home Page</a> to learn how our strategic approach can help you get the most out of your property.<br><br><br></p><hr class="__se__dashed"><p><br></p><h3>​Why Choose Leah Ball &amp; Co.?</h3><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">With over 22 years of real estate experience, I am committed to a service-first approach that prioritizes your unique needs. From tailored consultations to market-savvy strategies, my goal is to simplify your real estate journey. At Leah Ball &amp; Co., you’re not just a client; you’re a partner in success.</p><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">For more information, check out our <a href="https://leahspropertyshop.com/buying/">Buy a Home Page</a>&nbsp;for tailored advice on purchasing your dream home.</p><div class="se-component se-image-container __se__float-none"><figure><img src="https://quicktours-static.s3.us-west-1.amazonaws.com/agent_richtext/20250111120453.jpg" alt="" width="" height="" style=""></figure></div><hr class="__se__dashed"><h3>Conclusion: Your Next Move Awaits</h3><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">The Palm Beach County real estate market is full of opportunities, whether you’re looking to buy, sell, or invest. Let’s discuss your goals and create a customized plan for success in 2025.</p><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">Contact Leah Ball today at 561-576-6110 or email connect@leahspropertyshop.com to schedule your consultation.</p><p style="line-height:1.38;margin-top:12pt;margin-bottom:12pt;">For local reviews and more about our services, check out our verified Google My Business profile <a href="https://maps.app.goo.gl/qEQFaw9pNBfyDmpHA">here</a>.</p>

December 2024 Market Trends in Palm Beach County: Insights from Leah Ball & Co.

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December 2024 Market Trends in Palm Beach County: Insights from Leah Ball & Co.

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