Palm Beach and West Palm Beach lived a very active real estate market.

Both places are located in Palm Beach County Sunny South Floridawith the first one in the island of a barrier and the second one sitting on the lagoon only.

Palm Beach County, in 2024, in 2024, in 2024, 9,900 air conditioning and settlements, 9,900 air conditioning and settlement deals, 9,900 air conditioning and settlement deals in 2024 were held in 2024.

Palm Beach, Florida, USA, USA, USA, April 7, 2021, April 7, 2021, 306% of $ 10 million or more than 306%, 306%, evaluating (Through Marko Bello / Bloomberg, Getty Images / Getty Images)

“Currently, in general, South Florida real estate, but especially West Palm Beach, Palm Beach is quite active” Duglas ellian sales associate professor John Wilson Fox's work In the interview, adding the area has “new development sets.”

Palm Beach County had 398 new signed agreements for single-family houses and had 335 people for air conditioners last month. a report Douglas showed Elliman. About 1,600 houses were listed.

Condo signed agreements and lists were for more than the years in January.

Palm Beach and West Palm Beach's luxury markets were especially flourished.

“Many, let's say that it is $ 700,000, which is a number of interest rates, so it is as much as we do on the island and West Palm beach,” Wilson said.

He said the West Palm Beach market “never seen anything like this.”

West Palm Beach Skyline, Royal Park Draw Bridge, West Palm Beach, Florida. (Photo BYR: Universal Images Group via American / Joseph SOHM / UCG / UCG / Getty IMGS) (American / Joseph Sohm / UCG / UCG / Universal Images Group Getty Images / Groups via Getty Images)

“The West Palm, I describe this way … It's not really developed, but there are many new things that come here, because it's very new things, you want to be interesting.”

Wilson said Palm Beach and West Palm Beach's request Luxury markets “exponentially” in recent months.

“Before the election, 'was a kind of expectation and seeing.” Yes, there were activities, but I think people were behind and just seemed to be followed by the election, the market was just burning. He was just more active, more people looking for, “he said.

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Palm Beach District No. 138 in January, the newly signed contracts for household houses worth $ 1 million in the same month last year, Douglas Elliman report of up to 90 in the same month last year was found.

The November Election of the Ultra Luxury Market Features in Palm Beach and West Palm Beach region “Even in the season”, but the luxury market has increased in the event after the election of “absolute”.

Sales of Palm Beach County Notched, 20 Houses worth more than $ 10 million in 2024 Last Report from the compass. 21.1% mentioned an annual jump.

Wilson also pulled when he thought he demanded two cars.

“People want to be here,” he said. “Everyone is always known about Palm Beach Island, but what happened during the covep, and how much people have been happening, and 'so much fun' and 'so much fun' and 'so much fun' and 'you have to see it' and say 'you should see it' and say 'you should see it' and more people.”

According to Wilson, the development of building development in West Palm Beach was also part of the part.

From Lake of West Palm Beach, Lagoon and Marina. (Photo: Universal Images group via Jeffrey Greenberg / Getty Images) (Jeffrey Greenberg / Getty Images / Universal Images group via Getty Images)

He also said that young families have moved to the region due to the new development and “all the hedge funds”.

According to Palm Beach County Development Board, more than 300 hedging funds, private capital firm and financial services Palm Beach County House.

Bentonville is growing rapidly touching a hot real estate market

This, especially West Palm Beach, helped the area won the nickname “Wall Street”.

Wilson, in Fox Business, separately (Palm Beach) is always required (Palm Beach) is always required, but a new development air conditioner or a bridge can be over and started on the island and starting and shopping. ”

It is an area in Palm beach known for restaurants and high-level shopping.

Wilson said, “There are no new development buildings,” Palm Beach has long going on and there are many things in the air conditioner, but the single-family home market is extremely strong “and” continues to stay very strong. ”

Florida (ITOK / ISTOCK)

West Palm Beach, said he sees many advanced new luxury air conditioning buildings.

According to Wilson, real estate markets in two cities were not hot. On the contrary, it continues to “for several years” with a boom on the pandemic driver.

It was strange about this for the future Real estate markets In Palm Beach and West Palm Beach.

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“I think I think I will continue to be higher than the demand,” Wilson said that many people from the northeast and California came to the region.

“If you look at the long-term growth potential for the next two or three years, I would say that this market will continue to drive higher.”

The houses in Palm Beach, according to Realtor.com, in January, the average list price was $ 3 million. It was $ 374,200 in West Palm Beach.