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Palm Beach Market Report

$7,389,607

AVERAGE PRICE OF 250 HOMES

$10,283,679

AVERAGE PRICE OF 175 MULTI-MILLION DOLLAR HOMES

$25,314,000

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$16,314,437

AVERAGE PRICE OF 86 HOMES WITH A POOL

$4,684,445

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $7,389,607
Avg Bedrooms 2.69 beds
Avg Bathrooms 3.1 baths

Average Price by Bedrooms

1 bedroom $983,883
2 bedrooms $1,526,337
3 bedrooms $6,052,200
4 bedrooms $11,138,970
5 bedrooms $27,073,240
Palm Beach Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 219 206 178 164 160
Average Price $7,851,226 $7,969,022 $7,374,903 $6,241,115 $6,083,222
Avg Price Change -1.50% +8.06% +18.17% +2.60% +3.67%
Median Price $3,272,905 $3,414,398 $3,178,938 $2,924,726 $2,655,608
Med Price Change -4.32% +7.41% +8.69% +10.13% +2.55%
Avg Bedrooms 2.78 beds 2.33 beds 2.1 beds 1.87 beds 1.95 beds
Avg Bathrooms 3.2 baths 2.7 baths 2.41 baths 2.07 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 4 $2,980,000 120 days
Lake Worth High School 6 $872,983 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 250 $7,389,607 76 days
Multi-Million Dollar Homes 175 $10,283,679 102 days
Newly Built Homes 10 $25,314,000 136 days
Homes with a Pool 86 $16,314,437 88 days
Reduced Price Homes 18 $4,684,445 104 days