South Florida

Palm Beach Gardens, FL

Single-Family Homes

Real Estate Market Reports



Palm Beach Gardens, FL

Sat Feb 04 2023
This week the median list price for Palm Beach Gardens, FL is $1,353,272 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 310. Click here to stay informed with the Palm Beach Gardens market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Palm Beach Gardens, FL

Sat Feb 04 2023
This week the median list price for Palm Beach Gardens, FL is $1,353,272 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 310. Click here to stay informed with the Palm Beach Gardens market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Palm Beach Gardens market.
Median List Price $1,353,272
Median Price of New Listings $1,959,000
Per Square Foot $455
Average Days on Market 86
Median Days on Market 70
Price Decreased 39%
Price Increased 3%
Relisted 8%
Inventory 310
Median Rent
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,650,000 5,048 0.25 - 0.5 acre 5 5.5 17 12 7 63
$1,795,000 3,342 8,000 - 10,000 sqft 4 3.5 19 3 5 77
$886,000 2,235 8,000 - 10,000 sqft 3 2.5 33 5 11 66
$575,000 1,578 4,500 - 6,500 sqft 3 2 34 9 10 66