Speaker 1: It is time for your true real Estate nine to
Speaker 1: one one midweek update with your local real estate pro,
Speaker 1: Lisa True. Lisa, there continues to be a lot of
Speaker 1: uncertainty with the economy generally, certainly the real estate market,
Speaker 1: and do you have the latest information we need to know.
Speaker 1: Sounds like it's a bit of a mixed market.
Speaker 2: It is. When people ask me how's the market doing,
Speaker 2: the answers it really depends. It is hyper local right now. Overall,
Speaker 2: the good news is our median price continues to go up.
Speaker 2: We're actually up five percent year over year median sales
Speaker 2: price six p forty seven. The inventory's also up five
Speaker 2: point seven months now, remember six months is neutral. We
Speaker 2: are moving towards that maybe even buyer's market coming up.
Speaker 2: Tell Them's condos and Villa's different story. They are very
Speaker 2: slightly up, like one percent, up three seventeen, but they
Speaker 2: have a ten month supply of inventory. It is a
Speaker 2: lot more challenging town homes villa's condos in that market. Overall,
Speaker 2: a lot of opportunities for buyers there. Now, this is
Speaker 2: where it gets complicated. Del Rey. Their medium price is
Speaker 2: up seventeen percent year over year. West Palm almost five percent,
Speaker 2: but our cities like Jupiter and Palm Beach Gardens are struggling.
Speaker 2: Jupiter's down twenty seven percent and Palm Beach Gardens is
Speaker 2: down seven percent. So that's why I say it is
Speaker 2: hyper local as to what's happening, even down to the neighborhood.
Speaker 1: Wow, that is really great information and if you want
Speaker 1: to know what that means specific to you and your
Speaker 1: property considerations, the Truths are here to help you right now.
Speaker 1: Reach out to them today five to six, y one,
Speaker 1: nine seven, two eighty three, twenty six. Visit True real
Speaker 1: Estate nine to one one dot com or just google
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