Is Palm Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
At the same time last year, Palm Beach was a Seller's Market.
How much do homes in Palm Beach, FL cost?
Median Sold Price
$1,790,133
$1,084/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
Median Sold Price By Bedroom Count
# BEDS | Jul 2021 | Jul 2022 | % |
---|---|---|---|
1 Bedroom | $309K | $412.8K | +33.6% |
2 Bedrooms | $893.3K | $930K | +4.1% |
3 Bedrooms | $2.3M | $3.6M | +59.1% |
4 Bedrooms | $5.4M | $9.3M | +72.2% |
5+ Bedrooms | $8.3M | $22.9M | +175.3% |
Median Sold Price Compared To Nearby Cities
% | |
---|---|
Palm Beach Shores | +50.3% |
South Palm Beach | +32.3% |
West Palm Beach | +28.1% |
Lake Worth | +26.0% |
Palm Beach | +16.1% |
How many homes are available in Palm Beach, FL?
Number of Homes For Sale
Jun 2022 | Jul 2022 | % |
---|---|---|
161 | 145 | -9.9% |
Homes For Sale By Bedroom Count
# BEDS | Jun 2022 | Jul 2022 | % |
---|---|---|---|
1 Bedroom | 27 | 23 | -14.8% |
2 Bedrooms | 62 | 61 | -1.6% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 21 | 15 | -28.6% |
5+ Bedrooms | 20 | 13 | -35.0% |
Number of Homes Sold
Jun 2022 | Jul 2022 | % |
---|---|---|
39 | 13 | -66.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Average Sale Time
Jul 2021 | Jul 2022 | % |
---|---|---|
67 Days | 52 Days | -22.8% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days