Real Estate Market Report for Riviera Beach – 2015 Q1

Riviera Beach
The real estate market in Riviera Beach saw a downtick in available inventory this quarter relative to the previous. March led this quarter with 28 closings worth $ 7.7M dollars. In total, there was 74 closings this quarter. Closings in Riviera Beach were lower in this quarter with regards to last quarter. Furthermore, closings this quarter were down compared to the same time last year. January saw the most houses put on the market with 36 new properties added. Overall, listings increased this quarter with regards to last quarter and are down from Q1 of last year.

The following is a table of statistics comparing changes in the Riviera Beach real estate market, and also some graphs of this information over time.

This Quarter vs. Last quarter vs. Last Year
Total Inventory 196 -3% 203 -15% 232
New Listings 89 15% 77 -23% 116
Avg List  $ 264k 21%  $  218.1k 51%  $  174.2k
Closings 74 -24% 98 -21% 94
Avg Closing  $ 219k 40%  $ 156.1k 40%  $ 156.2k
Avg DOM 108 -3% 113 -13% 125
$/sq. ft  $ 123.00 29%  $ 94.84 33%  $ 92.14

 

Riviera Beach 2015 Q1 Market Report

 

Riviera Beach 2015 Market Report - $/sq. ft.

%d bloggers like this: