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Palm Beach Market Report

$5,773,545

AVERAGE PRICE OF 157 HOMES

$9,794,062

AVERAGE PRICE OF 89 MULTI-MILLION DOLLAR HOMES

$25,749,050

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$12,898,084

AVERAGE PRICE OF 55 HOMES WITH A POOL

$2,966,750

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $5,773,545
Avg Bedrooms 2.18 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

1 bedroom $757,586
2 bedrooms $1,073,792
3 bedrooms $3,840,270
4 bedrooms $9,898,281
5 bedrooms $11,210,630
Palm Beach Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 186 235 301 345 n/a
Average Price $5,817,029 $5,702,945 $5,260,048 $5,001,202 n/a
Avg Price Change +2.00% +8.42% +5.18% n/a n/a
Median Price $1,462,223 $1,394,255 $1,629,716 $1,642,711 n/a
Med Price Change +4.87% -16.89% -0.80% n/a n/a
Avg Bedrooms 2.04 beds 2.04 beds 2.19 beds 2.21 beds n/a
Avg Bathrooms 2.25 baths 2.23 baths 2.2 baths 2.33 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 6 $5,641,334 41 days
Lake Worth High School 2 $537,000 52 days
Palm Beach Lakes High School 3 $973,000 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 157 $5,773,545 336 days
Multi-Million Dollar Homes 89 $9,794,062 460 days
Newly Built Homes 11 $25,749,050 147 days
Homes with a Pool 55 $12,898,084 725 days
Reduced Price Homes 4 $2,966,750 39 days