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Palm Beach Market Trends

Today, December 15, 2009

Median Sales Price in Palm Beach

Embed Info
1 yr 5 yr Max
Palm Beach median sales prices
Number of sold homes in Palm Beach
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$137,500-56.0%$176,500$312,500$213,600
2 bedrooms$299,000+19.0%$235,000$251,250$417,500
3 bedrooms$900,000-47.1%$880,000$1,700,000$1,142,500
4 bedrooms$2,517,800-11.7%$1,875,000$2,850,000$1,900,000
All properties$498,750-62.1%$787,500$1,317,500$600,000
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Palm Beach Summary

The median sales price for homes in Palm Beach FL for Sep 09 to Nov 09 was $498,750. This represents a decline of 36.7%, or $288,750, compared to the prior quarter and a decrease of 62.1% compared to the prior year. Sales prices have depreciated 16.9% over the last 5 years in Palm Beach.

The average listing price for Palm Beach homes for sale on Trulia was $2,670,963 for the week ending Dec 08, which represents an increase of 2.6%, or $67,757, compared to the prior week and an increase of 2.6%, or $68,356, compared to the week ending Nov 17. Average price per square foot for Palm Beach FL was $450, a decrease of 14.1% compared to the same period last year.

 

Average Listing Price in Palm Beach

Embed Info
1 yr 5 yr Max
Palm Beach average property price
Palm Beach – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$333,068-0.7%$335,500$336,808$339,104
2 bedrooms$742,523-0.7%$748,023$726,546$722,231
3 bedrooms$1,958,903+0.2%$1,955,032$1,942,647$1,912,854
4 bedrooms$4,182,986-0.8%$4,217,519$4,210,111$4,122,728
All properties$2,670,963+2.6%$2,603,206$2,572,063$2,602,607
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Average Price Per Sqft for Homes in Palm Beach

Embed Info
1 yr 5 yr Max
Palm Beach average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$163-51.2%$264$334$438
2 bedrooms$285+18.8%$307$240$360
3 bedrooms$575-12.5%$478$657$582
4 bedrooms$718+3.8%$751$692$648
All properties$450-14.1%$493$524$533
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Homes for Sale in Palm Beach

2565 South Ocean Boulevard #310, Palm Beach FL
2565 S Oce…
$150,000
1 br  1 ba
2565 South Ocean Boulevard #C117, Palm Beach FL
2565 S Oce…
$99,000
1 br  1 ba
3000 South Ocean Boulevard, Palm Beach FL
3000 S Oce…
$2,800,000
3 br  3 ba
3140 South Ocean Boulevard #S402, Palm Beach FL
3140 S Oce…
$550,000
2 br  2 ba
3250 South Ocean Boulevard, Palm Beach FL
3250 S Oce…
$599,000
2 br  2 ba
3300 South Ocean Boulevard #101S, Palm Beach FL
3300 S Oce…
$549,000
2 br  2 ba
View all Palm Beach Homes for Sale
 
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Palm Beach

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Nearby Cities

Cities
Median
sales price
Average
listing price
South Palm Beach
$625,000
$237,666
West Palm Beach
$103,500
$313,144
Haverhill
$122,000
$209,206
Palm Beach Shores
$350,000
$532,986
Singer Island
$432,500
$839,553
North Palm Beach
$176,000
$649,226
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Advice

Recent Q&A in Palm Beach, FL

Q: How long before I get a answer to my offer on a short sale property…? 3 answers
Q: If the bank forecloses on a house, and I tear down the walls, rip out the floors, what happens afterward? 6 answers
Q: there is a lot of talk about the softening of the RE market...How would you describe the condo market in Palm? 6 answers
Q: Is the a brain cancer cluster near Palm Beach? 2 answers
Q: Hello, is this condo on sale for the price of 14,000? 1 answer

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More Advice:
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Nearby Cities Real Estate

  • South Palm Beach Real Estate
  • West Palm Beach Real Estate
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  • Singer Island Real Estate
  • North Palm Beach Real Estate

Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • South Palm Beach Home Prices
  • West Palm Beach Home Prices
  • Haverhill Home Prices
  • Palm Beach Shores Home Prices
  • Singer Island Home Prices
  • North Palm Beach Home Prices

Palm Beach Stats & Trends

  • Palm Beach Real Estate Overview
  • Palm Beach Schools
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  • Palm Beach Home Prices
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Our real estate market trends page gives you a valuable overview of the Palm Beach real estate market. Find Palm Beach properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Palm Beach average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Palm Beach housing statistics are available for each Palm Beach, FL neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.