South Florida

Palm Beach Gardens, FL

Single-Family Homes

Real Estate Market Reports



Palm Beach Gardens, FL

Wed Apr 24 2024
This week the median list price for Palm Beach Gardens, FL is $1,412,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 346. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Palm Beach Gardens, FL

Wed Apr 24 2024
This week the median list price for Palm Beach Gardens, FL is $1,412,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 346. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Palm Beach Gardens market.
Median List Price $1,412,000
Median Price of New Listings $1,072,500
Per Square Foot $489
Average Days on Market 108
Median Days on Market 70
Price Decreased 53%
Price Increased 3%
Relisted 9%
Inventory 346
Median Rent
Market Action 34
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
$4,092,500 4,693 0.25 - 0.5 acre 5 5.5 18 4 6 112
$1,737,500 3,388 8,000 - 10,000 sqft 4 3.5 19 6 7 59
$1,039,600 2,400 6,500 - 8,000 sqft 3 2.5 30 7 11 63
$699,000 1,736 4,500 - 6,500 sqft 3 2 38 11 4 42