Palm Beach County home prices soared to $249,894 last month, a level last seen in November 2008 and one that is raising more concern about whether the market’s rapid gains will lead to another bubble.
The 28 percent increase in median sales price in March from the same time in 2012 was measured in a report released Monday by the Realtors Association of the Palm Beaches and the Florida Realtors. A 12 percent hike in sales volume of single-family homes was also noted in the report.
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