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 Buyer's Market.
Housing Prices in Palm Beach Shores, FL
How much do homes in Palm Beach Shores, FL cost?
Median Sold Price
$1,825,000
$753/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Palm Beach Shores was $1,825,000 in April 2024, up 660.4% from last month, and the median price per square foot was $753.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | - | N/A |
2 Bedrooms | - | - | 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 April 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
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The Palm Beach Shores real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Palm Beach Shores housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Palm Beach Shores in April 2024, up by 300.0% month-over-month. Of the 4 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
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 Day | 79 Days | +7875.0% |
Summary: Homes in Palm Beach Shores had an average of 79 days on market in Apr 2024, up by 7875% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Palm Beach Shores; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.