Palm Beach Real Estate Market

Palm Beach Market

The median sale price for homes in Palm Beach over the last 12 months is $507,500.


The median mortgage debt is $141,880.

Additional Statistics for Single Family Homes and Condos in Palm Beach, FL
$931,440
Median Listing Price
153
Median Days on Market
599
Active Listings
3.5%
Distressed Listings
(foreclosures and short sales)
Palm Beach, FL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Palm Beach is $2,795,000. The list prices dropped by -1.92% from the previous month.

The median sale price in January for single family homes is $1,575,000. The sale prices increased by 0.96% from the previous month.

The price per square foot for sales in this area is $311.

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Palm Beach, FL Market Inventory Trends

The number of active listings in Palm Beach dropped by 2.3% from the previous month.

The median number of days active properties have been listed is 202. This is much longer than the national average.

The number of sales in January dropped by 87.5% from the previous month.

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Palm Beach, FL Property Ownership

Palm Beach has a high % of unoccupied properties. It is 31.12% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Palm Beach is 19.5% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.