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Palm Beach Market Report

$3,756,306

AVERAGE PRICE OF 427 HOMES

$782,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$5,969,528

AVERAGE PRICE OF 253 MULTI-MILLION DOLLAR HOMES

$20,645,320

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$8,831,322

AVERAGE PRICE OF 134 HOMES WITH A POOL

$4,572,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $3,756,306
Avg Bedrooms 2.06 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $391,450
2 bedrooms $1,116,455
3 bedrooms $3,373,273
4 bedrooms $5,884,034
5 bedrooms $11,732,690
Palm Beach Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 436 441 436 439 465
Average Price $3,528,740 $3,494,324 $3,513,203 $3,616,570 $3,615,850
Avg Price Change +0.98% -0.54% -2.94% +0.02% -9.61%
Median Price $1,478,367 $1,405,812 $1,370,787 $1,551,685 $1,679,506
Med Price Change +5.16% +2.56% -13.20% -8.24% -11.19%
Avg Bedrooms 2.08 beds 2.1 beds 2.07 beds 2.06 beds 2.16 beds
Avg Bathrooms 2.2 baths 2.22 baths 2.2 baths 2.22 baths 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 3 $4,351,634 160 days
Lake Worth High School 4 $407,475 85 days
Palm Beach Central High School 1 $1,299,000 104 days
Palm Beach Lakes High School 3 $1,367,333 86 days
Suncoast Community High School 1 $399,000 141 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 427 $3,756,306 229 days
Distressed Homes 2 $782,000 81 days
Multi-Million Dollar Homes 253 $5,969,528 293 days
Newly Built Homes 14 $20,645,320 134 days
Homes with a Pool 134 $8,831,322 264 days
Reduced Price Homes 2 $4,572,500 69 days
Re/Max 1st Choice
Doug Campion
5080 PGA Boulevard
Palm Beach Gardens, FL 33418
561-339-6969
MIchael Reed
Mortgage Advisor
NMLS-60135
951 Yamato Road Suite 150
Boca Raton, FL
Office: (855) 762-2735
mreed@financeofamerica.com

All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
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