Palm Beach Market Report

$7,593,946

AVERAGE PRICE OF 285 HOMES

AVERAGE PRICE OF 207 MULTI-MILLION DOLLAR HOMES

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

AVERAGE PRICE OF 97 HOMES WITH A POOL

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Palm Beach Home Price Trends

	2/2023	1/2023	12/2022	11/2022	10/2022
Total Listings	260	219	206	178	164
Average Price	$7,592,929	$7,851,226	$7,969,022	$7,374,903	$6,241,115
Avg Price Change	-3.40%	-1.50%	+8.06%	+18.17%	+2.60%
Median Price	$2,937,519	$3,272,905	$3,414,398	$3,178,938	$2,924,726
Med Price Change	-11.42%	-4.32%	+7.41%	+8.69%	+10.13%
Avg Bedrooms	2.69 beds	2.78 beds	2.33 beds	2.1 beds	1.87 beds
Avg Bathrooms	3.11 baths	3.2 baths	2.7 baths	2.41 baths	2.07 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Forest Hill Community High School	3	$2,923,000	183 days
Lake Worth High School	6	$823,650	65 days
Palm Beach Lakes High School	1	$1,750,000	13 days

Home Price by House Size