Palm Beach Market Report
$5,677,096
AVERAGE PRICE OF 178 HOMES$9,024,977
AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES$24,830,350
AVERAGE PRICE OF 13 NEWLY BUILT HOMES$12,620,933
AVERAGE PRICE OF 63 HOMES WITH A POOL$799,000
AVERAGE PRICE OF 1 REDUCED PRICE HOMESAverage Home
| Average Price | $5,677,096 |
| Avg Bedrooms | 2.14 beds |
| Avg Bathrooms | 2.23 baths |
Average Price by Bedrooms
| 1 bedroom | $804,337 |
| 2 bedrooms | $1,243,039 |
| 3 bedrooms | $2,939,055 |
| 4 bedrooms | $10,406,530 |
| 5 bedrooms | $12,619,000 |
Palm Beach Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 235 | 301 | 345 | n/a | 393 |
| Average Price | $5,702,945 | $5,260,048 | $5,001,202 | n/a | $4,018,865 |
| Avg Price Change | +8.42% | +5.18% | n/a | n/a | +2.19% |
| Median Price | $1,394,255 | $1,629,716 | $1,642,711 | n/a | $1,354,695 |
| Med Price Change | -16.89% | -0.80% | n/a | n/a | -12.90% |
| Avg Bedrooms | 2.04 beds | 2.19 beds | 2.21 beds | n/a | 1.99 beds |
| Avg Bathrooms | 2.23 baths | 2.2 baths | 2.33 baths | n/a | 2.16 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Forest Hill Community High School | 3 | $9,015,000 | 26 days |
| Lake Worth High School | 3 | $941,333 | 39 days |
| Palm Beach Lakes High School | 3 | $1,279,667 | 248 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 178 | $5,677,096 | 272 days |
| Multi-Million Dollar Homes | 108 | $9,024,977 | 334 days |
| Newly Built Homes | 13 | $24,830,350 | 113 days |
| Homes with a Pool | 63 | $12,620,933 | 704 days |
| Reduced Price Homes | 1 | $799,000 | 58 days |
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.
