The following charts span October 2009-through October 2010 for homes in Palmetto Bay. We have excluded Foreclosures and Short Sales from the charts.
We hope you find this information useful. Please contact us if you would like to discuss the market trends further.
This is Homes for Sale Vs. Sold Homes in Palmetto Bay.
Average Price Per Square Foot in the same time frame in Palmetto Bay.
Average Price for Homes on the Market and Sold Properties in Palmetto Bay.
And one of the most important indicators for a market place, is how many months of inventory is there. As months of inventory rise, prices fall.
9 months + of home supply = Falling Prices
6-9 months of home supply = Balanced Markets
3-6 months of home supply = Increasing Prices
