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South Bay Home Values and Market Report

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Report prepared by Movetowestpalmbeachfl.com Rommel Torres

Market at a glance

Over the last 12 months, homes sold for 97.1% of list price in 68 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.19M Sold · $1.19M
$1.3M$900K$500K$100K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Jul. Last month: 1.

Where the market stands

All homes in this report, by status.

26homes
Active15 · 58%
Under contract2 · 8%
Sold (12 mo)9 · 35%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

15.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$843K
Under contract$35K
Sold$323K

Average days on market

Active160 days
Under contract54 days
Sold68 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 15
Average list price $843,166
Avg. days on market 160 days
Avg. price per ft² $171 Based on 10 of 15 homes
Avg. living area 1,460 ft² Based on 10 of 15 homes
Avg. beds / baths 4.1 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

5 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 10 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

7 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

236 NW 9th Avenue$317
415 SE 4th Street$206
110 NW 9th Avenue$194
165 NW 11TH Avenue$194
230 SW 12th Avenue$192
135 SW 7TH Avenue$177
270 SW 10th Avenue$131

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
Highway 27South Bay, FL 33493 ———$6,400,000—1,122 days
Address not availableSouth Bay, FL 33493 ———$3,500,000—21 days
236 NW 9th AvenueSouth Bay, FL 33493 ——1,088$345,000$31788 days
110 NW 9th AvenueSouth Bay, FL 33493 321,540$299,500$19439 days
135 SW 7TH AvenueSouth Bay, FL 33493 321,624$289,000$17710 days
415 SE 4th StreetSouth Bay, FL 33493 321,282$265,000$206171 days
455 Janice AvenueSouth Bay, FL 33493 432,352$265,000$11288 days
165 NW 11TH AvenueSouth Bay, FL 33493 ——1,360$264,999$19489 days
230 SW 12th AvenueSouth Bay, FL 33493 421,248$240,000$19223 days
103 NW 10TH AvenueSouth Bay, FL Not Provided ———$235,000—22 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Movetowestpalmbeachfl.com Rommel Torres

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