Market report, updated

Market Report

Search in the subdivision of Banyan Cay Resort Community Plat

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Report prepared by Movetowestpalmbeachfl.com Rommel Torres

Market at a glance

Over the last 6 months, homes sold for 94.3% of list price in 74 days on average.

Average price, last 12 months

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

List · $1.48M Sold · $1.45M
$1.7M$1.4M$1.1M$800K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Dec. Last month: 0.

Where the market stands

All homes in this report, by status.

6homes
Active2 · 33%
Under contract1 · 17%
Sold (6 mo)3 · 50%

Buyer's or seller's market?

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

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.3M
Under contract$1.38M
Sold$1.18M

Average days on market

Active90 days
Under contract5 days
Sold74 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 2
Average list price $1,300,000
Avg. days on market 90 days
Avg. price per ft² $516
Avg. living area 2,518 ft²
Avg. beds / baths 3.0 / 4.0

Price vs. living area

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

$1.5M$1M$500K$0

Price vs. living area: 2 homes plotted, up to $1.5M 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.

Highest price per ft²

Top 2 homes in this status.

2948 GIN BERRY Way$543
3069 Safflower Circle$489

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2948 GIN BERRY WayWest Palm Beach, FL 33401 342,482$1,350,000$54322 days
3069 Safflower CircleWest Palm Beach, FL 33401 342,555$1,250,000$489159 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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