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

Palm Beach Market Report

$799,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$22,817,440

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$11,108,874

AVERAGE PRICE OF 112 HOMES WITH A POOL

$941,566

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.28 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $563,205
2 bedrooms $1,068,077
3 bedrooms $3,813,749
4 bedrooms $8,466,646
5 bedrooms $17,043,400
Palm Beach Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 249 5 4 5 6
Average Price $6,332,012 $589,618 $1,043,486 $984,164 $915,888
Avg Price Change +973.92% -76.98% +6.03% +7.45% +1.30%
Median Price $2,233,248 $522,045 $901,840 $726,597 $591,960
Med Price Change +327.79% -72.75% +24.12% +22.74% +13.98%
Avg Bedrooms 2.28 beds 1.8 beds 1.99 beds 1.74 beds 1.66 beds
Avg Bathrooms 2.58 baths 1.8 baths 1.79 baths 1.74 baths 1.66 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 340 n/a 60 days
Distressed Homes 1 $799,000 48 days
Multi-Million Dollar Homes 199 n/a 38 days
Newly Built Homes 9 $22,817,440 41 days
Homes with a Pool 112 $11,108,874 68 days
Reduced Price Homes 3 $941,566 65 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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