Is Palm Beach Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Palm Beach Shores was a Seller's Market.
Housing Prices in Palm Beach Shores, FL
How much do homes in Palm Beach Shores, FL cost?
Median Sold Price
$900,000
$546/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Palm Beach Shores was $900,000 in May 2024, down 50.7% from last month, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $900K | N/A |
3 Bedrooms | $1.4M | - | N/A |
4 Bedrooms | $2.0M | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Palm Beach Shores housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Palm Beach Shores, FL
How many homes are available in Palm Beach Shores, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Summary: The Palm Beach Shores real estate market had 14 homes for sale in May 2024, a 12.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Palm Beach Shores housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Palm Beach Shores in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Palm Beach Shores, FL
How long does it take to sell a home in Palm Beach Shores, FL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 Days | 10 Days | -87.5% |
Summary: Homes in Palm Beach Shores had an average of 10 days on market in May 2024, down by 87.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Palm Beach Shores; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.