South Florida

Palm Beach Gardens, FL

Single-Family Homes

Real Estate Market Reports



Palm Beach Gardens, FL

Tue Sep 27 2022
This week the median list price for Palm Beach Gardens, FL is $1,212,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 202. 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

Tue Sep 27 2022
This week the median list price for Palm Beach Gardens, FL is $1,212,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 202. 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 $1,212,500
Median Price of New Listings $1,110,000
Per Square Foot $437
Average Days on Market 61
Median Days on Market 49
Price Decreased 44%
Price Increased 7%
Relisted 6%
Inventory 202
Median Rent
Market Action 39
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
$3,870,000 4,828 0.25 - 0.5 acre 5 5.5 16 2 5 45
$1,499,000 3,017 8,000 - 10,000 sqft 4 3.5 19 4 5 49
$899,000 2,267 6,500 - 8,000 sqft 3 2.5 30 6 9 56
$629,900 1,725 4,500 - 6,500 sqft 3 2 33 2 7 35