Market report, updated
Ocean Terrace Home Values and Market Report
Search in the subdivision of Ocean Terrace
Report prepared by
Movetowestpalmbeachfl.com
Rommel Torres
Market at a glance
Over the last 12 months, homes sold for 93.6% of list price in 72 days on average.
Average price, last 12 months
What sellers asked vs. what homes actually sold for, by closing month.
List · $19M
Sold · $16.78M
$19M$15M$11M$7M
OctNovDecJanFebMarAprMayJunJulAugSep
Homes sold per month
Closed sales, last 12 months.
0
O
0
N
0
D
0
J
0
F
0
M
2
A
0
M
0
J
0
J
0
A
1
S
Where the market stands
All homes in this report, by status.
Active1 · 20%
Under contract1 · 20%
Sold (12 mo)3 · 60%
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6
Average price by status
Active$10M
Under contract$21.9M
Sold$10.73M
Average days on market
Active99 days
Under contract137 days
Sold72 days
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active homes
Currently for sale
Homes for sale
1
Average list price
$10,000,000
Avg. days on market
99 days
Avg. price per ft²
$3,741
Avg. living area
2,673 ft²
Avg. beds / baths
4.0 / 4.0
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
$15M$10M$5M$0
Price vs. living area: 1 home plotted, up to $15M and 3,000 ft².
0 ft²1,0002,0003,000 ft²
How long homes have been listed
Number of homes by days on market.
0
0–30 days
0
31–90
1
91–180
0
181–365
0
365+
Bedroom mix
Number of homes by bedroom count.
0
≤3 bd
1
4 bd
0
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft²
Top 1 home in this status.
235 Ocean Terrace$3,741
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
| 235 Ocean TerracePalm Beach, FL 33480 |
4 | 4 | 2,673 | $10,000,000 | $3,741 | 99 days |
Under contract homes
Pending and contingent sales
Homes under contract
1
Average list price
$21,900,000
Avg. days on market
137 days
Avg. price per ft²
$5,109
Avg. living area
4,286 ft²
Avg. beds / baths
4.0 / 6.0
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
$30M$20M$10M$0
Price vs. living area: 1 home plotted, up to $30M and 6,000 ft².
0 ft²2,0004,0006,000 ft²
Days on market before going under contract
Number of homes by days on market.
0
0–30 days
0
31–90
1
91–180
0
181–365
0
365+
Bedroom mix
Number of homes by bedroom count.
0
≤3 bd
1
4 bd
0
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft²
Top 1 home in this status.
211 Ocean Terrace$5,109
All under contract listings
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
| 211 Ocean TerracePalm Beach, FL 33480 |
4 | 6 | 4,286 | $21,900,000 | $5,109 | 137 days |
Sold homes
Closed in the last 12 months
Homes sold
3
Average sold price
$10,725,666
Avg. days to sell
72 days
Sold vs. list price
93.6%
Avg. price per ft²
$2,352
Based on 2 of 3 homes
Avg. living area
2,467 ft²
Based on 2 of 3 homes
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
1 home didn’t report living area and isn’t shown.
$30M$20M$10M$0
Price vs. living area: 2 homes plotted, up to $30M and 6,000 ft².
0 ft²2,0004,0006,000 ft²
How long homes took to sell
Number of homes by days on market.
2
0–30 days
0
31–90
1
91–180
0
181–365
0
365+
Bedroom mix
Number of homes by bedroom count.
1 home didn’t report bedrooms and isn’t shown.
1
≤3 bd
0
4 bd
1
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft²
Top 2 homes in this status.
201 Ocean Terrace$3,857
4564 El Mar Drive Unit 1$847
Sold price vs. list price
How close homes sold to their asking price.
2
Under 95%
0
95–98%
0
98–100%
1
100–102%
0
Over 102%
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell |
| 201 Ocean TerracePalm Beach, FL 33480 |
5 | 6 | 4,350 | $16,782,000 | 88.3% | $3,857 | 23 days |
| 1333 N Lake WayPalm Beach, FL 33480 |
— | — | — | $14,900,000 | 92.5% | — | 166 days |
| 4564 El Mar Drive Unit 1Lauderdale By The Sea, FL 33308 |
1 | 2 | 584 | $495,000 | 100.0% | $847 | 27 days |
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
a4e
True
https://t2.realgeeks.media/thumbnail/2Q5po-Yhpr9xn_4riH030kOHSOc=/fit-in/200x43/filters:format(png)/u.realgeeks.media/movetowestpalmbeachfl/d9df4b31b116-coldwell_banker_global_luxury_LOGO.jpeg
https://t2.realgeeks.media/thumbnail/iYMP6g_Cs3k-6sX3jRcqkjg4kUM=/fit-in/400x86/filters:format(png)/u.realgeeks.media/movetowestpalmbeachfl/d9df4b31b116-coldwell_banker_global_luxury_LOGO.jpeg