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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

$6,154,874

AVERAGE PRICE OF 164 HOMES

$8,650,150

AVERAGE PRICE OF 113 MULTI-MILLION DOLLAR HOMES

$19,756,430

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$11,580,623

AVERAGE PRICE OF 54 HOMES WITH A POOL

$10,788,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

$2,850,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $6,154,874
Avg Bedrooms 1.93 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $889,890
2 bedrooms $1,635,427
3 bedrooms $6,383,970
4 bedrooms $12,703,500
5 bedrooms $20,349,500
Palm Beach Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 164 171 n/a n/a n/a
Average Price $5,868,075 $5,831,942 n/a n/a n/a
Avg Price Change +0.62% n/a n/a n/a n/a
Median Price $2,589,606 $2,468,289 n/a n/a n/a
Med Price Change +4.92% n/a n/a n/a n/a
Avg Bedrooms 1.97 beds 2.11 beds n/a n/a n/a
Avg Bathrooms 2.15 baths 2.32 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boca Raton Community High School 1 $2,499,000 109 days
Forest Hill Community High School 1 $3,995,000 166 days
Lake Worth High School 5 $993,800 140 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 164 $6,154,874 88 days
Multi-Million Dollar Homes 113 $8,650,150 82 days
Newly Built Homes 7 $19,756,430 234 days
Homes with a Pool 54 $11,580,623 89 days
Reduced Price Homes 3 $10,788,000 70 days
Distressed Homes 1 $2,850,000 n/a
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 ©2022 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 ©2022 BeachesMLS, Inc.
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