Palm Beach home sales down vs. ’07

Palm Beach County saw a 19 percent decrease in existing home sales in June, compared to last year, according to a report from the Florida Association of Realtors. There 764 existing home sales sold last month, the report said. There was a 7 percent decrease in median home price over the same period, to $377,900. Palm Beach’s condo market did better, with a 3 percent increase in sales to 529, compared to June 2007. The median price of a condo fell 3 percent to $201,500 over the same period.

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