Palm Beach sales fell from year ago levels,
restrained by falling inventory, causing new
price records to be set. Condo sales fell 26.4%
to 39 from the year ago quarter. Single family
sales followed the same pattern, falling 26.1% to
17 sales over the same period. Overall inventory
fell 7.3% short of year ago levels to 419 as
condo listing declined 14.2% and single family listings increased 15%. As a result, the pace of
the overall market slowed…