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

Palm Beach Market Report

$6,901,590

AVERAGE PRICE OF 468 HOMES

$2,109,550

AVERAGE PRICE OF 2 DISTRESSED HOMES

$11,139,040

AVERAGE PRICE OF 285 MULTI-MILLION DOLLAR HOMES

$24,486,000

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$14,189,640

AVERAGE PRICE OF 146 HOMES WITH A POOL

$4,490,194

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $6,901,590
Avg Bedrooms 2.82 beds
Avg Bathrooms 3.42 baths

Average Price by Bedrooms

1 bedroom $858,159
2 bedrooms $1,784,155
3 bedrooms $4,429,829
4 bedrooms $8,368,991
5 bedrooms $17,680,510
Palm Beach Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 423 366 332 318 336
Average Price $6,733,052 $6,061,670 $6,063,709 $6,337,216 $6,522,341
Avg Price Change +11.08% -0.03% -4.51% -2.92% +1.10%
Median Price $1,880,768 $1,434,046 $1,343,386 $1,757,658 $1,967,174
Med Price Change +31.15% +6.75% -30.84% -11.92% -15.39%
Avg Bedrooms 2.78 beds 2.74 beds 2.72 beds 2.76 beds 2.76 beds
Avg Bathrooms 3.37 baths 3.33 baths 3.33 baths 3.36 baths 3.35 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 468 $6,901,590 90 days
Distressed Homes 2 $2,109,550 101 days
Multi-Million Dollar Homes 285 $11,139,040 89 days
Newly Built Homes 15 $24,486,000 119 days
Homes with a Pool 146 $14,189,640 93 days
Reduced Price Homes 15 $4,490,194 93 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

Fair Housing/Equal Opportunity
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