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Palm Beach Market Report

$3,629,642

AVERAGE PRICE OF 470 HOMES

$247,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$5,668,208

AVERAGE PRICE OF 283 MULTI-MILLION DOLLAR HOMES

$10,392,000

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$7,310,246

AVERAGE PRICE OF 178 HOMES WITH A POOL

$5,608,000

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $3,629,642
Avg Bedrooms 2.19 beds
Avg Bathrooms 2.38 baths

Average Price by Bedrooms

1 bedroom $483,407
2 bedrooms $1,103,371
3 bedrooms $3,526,910
4 bedrooms $6,385,483
5 bedrooms $8,329,222
Palm Beach Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 462 432 465 529 551
Average Price $3,963,432 $3,997,991 $3,945,829 $3,973,397 n/a
Avg Price Change -0.87% +1.32% -0.70% n/a n/a
Median Price $1,867,456 $1,887,505 $1,832,764 $1,892,157 $1,830,978
Med Price Change -1.07% +2.99% -3.24% +3.34% +2.11%
Avg Bedrooms 2.2 beds 2.24 beds 2.18 beds 2.14 beds 1.97 beds
Avg Bathrooms 2.37 baths 2.41 baths 2.32 baths 2.29 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 3 $2,553,300 174 days
Lake Worth High School 3 $887,300 96 days
Palm Beach Lakes High School 1 $2,700,000 273 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 470 $3,629,642 281 days
Distressed Homes 2 $247,450 247 days
Multi-Million Dollar Homes 283 $5,668,208 346 days
Newly Built Homes 20 $10,392,000 212 days
Homes with a Pool 178 $7,310,246 393 days
Reduced Price Homes 8 $5,608,000 143 days