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Palm Beach

Why you'd want to live in Palm Beach

The island of Palm Beach is home to legendary resorts, exquisite mansions and historic landmarks, including Henry Flagler's former residence, now the Flagler Museum. Lined with stately palm trees, the shopping nirvana of Worth Avenue is known worldwide. Palm Beach Island's Gilded Age architecture will captivate, as will the chic restaurants and a winter highlight, the Palm Beach Food & Wine Festival. Golf here affords views along the Atlantic Ocean, the Intracoastal Waterway and Lake Worth Lagoon. Palm Beach has a way of making any visitor feel privileged. via visitflorida.com

Palm Beach Market Report

$6,682,239

AVERAGE PRICE OF 403 HOMES

$719,100

AVERAGE PRICE OF 1 DISTRESSED HOMES

$11,099,680

AVERAGE PRICE OF 238 MULTI-MILLION DOLLAR HOMES

$25,738,570

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$13,351,160

AVERAGE PRICE OF 125 HOMES WITH A POOL

$3,410,250

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $6,682,239
Avg Bedrooms 2.77 beds
Avg Bathrooms 3.39 baths

Average Price by Bedrooms

1 bedroom $669,893
2 bedrooms $1,765,133
3 bedrooms $4,458,608
4 bedrooms $8,640,606
5 bedrooms $16,640,630
Palm Beach Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 366 332 318 336 244
Average Price $6,061,670 $6,063,709 $6,337,216 $6,522,341 $6,451,423
Avg Price Change -0.03% -4.51% -2.92% +1.10% n/a
Median Price $1,434,046 $1,343,386 $1,757,658 $1,967,174 $2,270,000
Med Price Change +6.75% -30.84% -11.92% -15.39% n/a
Avg Bedrooms 2.74 beds 2.72 beds 2.76 beds 2.76 beds 2.77 beds
Avg Bathrooms 3.33 baths 3.33 baths 3.36 baths 3.35 baths 3.36 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 403 $6,682,239 84 days
Distressed Homes 1 $719,100 154 days
Multi-Million Dollar Homes 238 $11,099,680 82 days
Newly Built Homes 14 $25,738,570 94 days
Homes with a Pool 125 $13,351,160 85 days
Reduced Price Homes 8 $3,410,250 115 days
Arterra Luxe - Florida LLC
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mls logo© 2024 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.11/8/2024 4:22 AM CST
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