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Palm Beach Market Report

$3,999,539

AVERAGE PRICE OF 515 HOMES

$375,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$6,267,480

AVERAGE PRICE OF 312 MULTI-MILLION DOLLAR HOMES

$10,370,470

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$8,235,943

AVERAGE PRICE OF 193 HOMES WITH A POOL

$3,776,067

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $3,999,539
Avg Bedrooms 2 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $428,435
2 bedrooms $1,094,973
3 bedrooms $2,814,931
4 bedrooms $6,393,593
5 bedrooms $9,859,625
Palm Beach Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 482 453 422 425 455
Average Price $3,632,905 $3,568,887 $3,458,639 $3,423,684 $3,509,321
Avg Price Change +1.79% +3.19% +1.02% -2.50% -9.88%
Median Price $1,679,511 $1,698,112 $1,617,007 $1,523,680 $1,626,501
Med Price Change -1.11% +5.02% +6.13% -6.75% -3.99%
Avg Bedrooms 1.99 beds 1.96 beds 2.15 beds 1.94 beds 1.94 beds
Avg Bathrooms 2.2 baths 2.19 baths 2.44 baths 2.14 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Alexander Dryfoos School Of The Arts 1 $1,625,000 163 days
Forest Hill Community High School 4 $533,475 67 days
Lake Worth High School 1 $300,000 266 days
Palm Beach Lakes High School 5 $2,862,780 245 days
Suncoast Community High School 1 $399,000 437 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 515 $3,999,539 238 days
Distressed Homes 1 $375,000 154 days
Multi-Million Dollar Homes 312 $6,267,480 300 days
Newly Built Homes 32 $10,370,470 263 days
Homes with a Pool 193 $8,235,943 345 days
Reduced Price Homes 15 $3,776,067 182 days