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Palm Beach County 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 93.1% of list price in 83 days on average.

Average price, last 12 months

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

List · $1.03M Sold · $950K
$1.3M$1.1M$900K$700K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 2,643 sales in Mar. Last month: 2,010.

Where the market stands

All homes in this report, by status.

41,392homes
Active13,397 · 32%
Under contract1,428 · 3%
Sold (12 mo)26,567 · 64%

Buyer's or seller's market?

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

5.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.6M
Under contract$1.99M
Sold$993K

Average days on market

Active84 days
Under contract95 days
Sold83 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 13,397
Average list price $1,598,764
Avg. days on market 84 days
Avg. price per ft² $566
Avg. living area 1,937 ft²
Avg. beds / baths 2.8 / 2.7

Charts and listings below cover the 250 highest-priced of 13,397 homes.

Price vs. living area

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

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$300M$200M$100M$0

Price vs. living area: 209 homes plotted, up to $300M and 30,000 ft².

0 ft²10,00020,00030,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

1491 N Ocean Boulevard$14,141
1285 North Ocean Boulevard Unit Lot 1 & 2$12,400
102 Reef Road$10,776
911 N Ocean Boulevard$10,528
12210 BANYAN Road$10,132
3442 OLDE HAMPTON Drive$9,841
1616 S Ocean Boulevard$9,789

Active listings (250 of 13,397)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1491 N Ocean BoulevardPalm Beach, FL 33480 81114,496$205,000,000$14,141346 days
1980 S Ocean BoulevardPalm Beach, FL 33480 ———$200,000,000—622 days
1616 S Ocean BoulevardPalm Beach, FL 33480 71319,919$195,000,000$9,78963 days
911 N Ocean BoulevardPalm Beach, FL 33480 122017,572$185,000,000$10,528353 days
12210 BANYAN RoadNorth Palm Beach, FL 33408 71316,284$165,000,000$10,13224 days
800 S County RoadPalm Beach, FL 33480 152321,534$157,000,000$7,290313 days
600 NE 5th AvenueBoca Raton, FL 33432 91818,000$125,000,000$6,9442 days
4000 S Ocean BoulevardManalapan, FL 33462 ———$99,000,000—164 days
960 S Ocean BoulevardManalapan, FL 33462 5816,538$95,000,000$5,74439 days
790 S County RoadPalm Beach, FL 33480 71314,302$94,900,000$6,635293 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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