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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. via visitflorida.com

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
Legacy Realty & Development, LLC
Jean Marseille
801 S. Olive Avenue, Suite 110
West Palm Beach, FL 33401
561-246-3720

UP5DB701E1507748.jpg All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
UP5DB701E1507748.jpg All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
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