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West Palm Beach Home Values and Market Report

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Report prepared by Elitegroupfl.com The Elite Group at Illustrated Properties
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Market at a glance

Over the last 12 months, homes sold for 93.1% of list price in 87 days on average.

Average price, last 12 months

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

List · $992K Sold · $905K
$1.02M$880K$740K$600K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 376 sales in Apr. Last month: 245.

Where the market stands

All homes in this report, by status.

5,805homes
Active2,062 · 36%
Under contract242 · 4%
Sold (12 mo)3,501 · 60%

Buyer's or seller's market?

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

7.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.25M
Under contract$2.51M
Sold$741K

Average days on market

Active81 days
Under contract113 days
Sold87 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 2,062
Average list price $1,252,677
Avg. days on market 81 days
Avg. price per ft² $457
Avg. living area 1,627 ft²
Avg. beds / baths 2.5 / 2.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

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

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 239 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes among the newest.

1100 S Flagler Drive Unit 1403$3,631
4714 N Flagler Drive Unit 1502$2,411
4714 N Flagler Drive Unit 1601$2,361
4714 N Flagler Drive Unit 1401$2,277
4714 N Flagler Drive Unit 802$2,138
200 ARKONA Court Unit 401$2,065
135 Churchill Road$2,006

All active listings (2,062)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2400 PRESIDENTIAL Way Unit 1104West Palm Beach, FL 33401 221,206$309,000$2561 day
5730 FERNLEY Drive E Unit 68West Palm Beach, FL 33415 221,324$124,995$941 day
9388 MARAND WayWest Palm Beach, FL 33403 321,736$875,000$5041 day
2730 Ida Way Unit 16AWest Palm Beach, FL 33415 22948$225,000$2371 day
3227 32nd WayWest Palm Beach, FL 33407 231,236$239,000$1931 day
2790 E ASHLEY Drive E Unit EWest Palm Beach, FL 33415 22895$145,000$1621 day
500 Executive Center Drive Unit 1NWest Palm Beach, FL 33401 22960$190,000$1971 day
2935 EAGLE LaneWest Palm Beach, FL 33409 321,945$650,000$3345 days
520 39th StreetWest Palm Beach, FL 33407 421,973$1,225,000$6201 day
3001 N Flagler DriveWest Palm Beach, FL 33407 322,059$3,750,000$1,8211 day
Elitegroupfl.com

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