Palm Beach County home prices continue to rise

Posted on Wednesday, April 23rd, 2014 at 12:08pm.

Prices for single-family homes and condos rose again in March for Palm Beach County.

The single-family median price in Palm Beach County was $265,000 last month, according to data released by the Realtors Association of the Palm Beaches. That represents a 6 percent year-over-year increase. Single-family prices rose by nearly 30 percent year-over-year last spring.

Closed single-family sales increased 8 percent to 1,369 in March. The median condo sale price jumped 21 percent to $122,000, but existing condo sales had a 24 percent year-over-year plunge.

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