If you need assistance, please call 561-339-6969

Palm Beach

Why you'd want to live in Palm Beach

After over 100 years of graceful evolution, Palm Beach today is a fully developed community, world-renowned for its beauty, quality of life and small-town character. It is home to “Captains of Industry” and the world famous Worth Avenue. Approximately 9,000 citizens make Palm Beach their year-round home, and about 20,000 more have a seasonal home in Palm Beach where they enjoy the winter months. Together, these residents of Palm Beach donate more money per capita to charities than any other community in America. The Town is governed by an elected Mayor and a five-member Council, operates under the Council-Manager form of government, and provides a full range of quality municipal services. It has an active historic preservation program, strict zoning standards, high levels of public safety and public works services, 3 miles of public beaches, and a wide array of recreation programs, including award winning golf and tennis facilities.

Palm Beach Market Report

$6,730,209

AVERAGE PRICE OF 524 HOMES

$5,250,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$9,947,302

AVERAGE PRICE OF 348 MULTI-MILLION DOLLAR HOMES

$23,561,330

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$15,683,190

AVERAGE PRICE OF 148 HOMES WITH A POOL

$5,615,818

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $6,730,209
Avg Bedrooms 2.85 beds
Avg Bathrooms 3.37 baths

Average Price by Bedrooms

1 bedroom $784,507
2 bedrooms $1,901,057
3 bedrooms $5,313,827
4 bedrooms $8,757,275
5 bedrooms $17,375,600
Palm Beach Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 489 473 423 366 332
Average Price $7,127,338 $6,947,506 $6,733,052 $6,061,670 $6,063,709
Avg Price Change +2.59% +3.19% +11.08% -0.03% -4.51%
Median Price $2,231,455 $2,122,631 $1,880,768 $1,434,046 $1,343,386
Med Price Change +5.13% +12.86% +31.15% +6.75% -30.84%
Avg Bedrooms 2.83 beds 2.81 beds 2.78 beds 2.74 beds 2.72 beds
Avg Bathrooms 3.38 baths 3.41 baths 3.37 baths 3.33 baths 3.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Worth 8 $1,309,625 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 524 $6,730,209 104 days
Distressed Homes 1 $5,250,000 3 days
Multi-Million Dollar Homes 348 $9,947,302 101 days
Newly Built Homes 18 $23,561,330 108 days
Homes with a Pool 148 $15,683,190 108 days
Reduced Price Homes 28 $5,615,818 110 days
Doug Campion - Re/Max 1st Choice
5080 PGA Boulevard
Palm Beach Gardens, FL 33418
561-339-6969
UP5DB701E1507748.jpg
Michael Reed
Mortgage Advisor
NMLS-60135
951 Yamato Road Suite 150
Boca Raton, FL
Office: (855) 762-2735
mreed@financeofamerica.com

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