South Florida

Palm Beach Gardens, FL

Single-Family Homes

Real Estate Market Reports



Palm Beach Gardens, FL

Wed Dec 04 2024
This week the median list price for Palm Beach Gardens, FL is $1,250,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has increased to 336. 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

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Palm Beach Gardens, FL

Wed Dec 04 2024
This week the median list price for Palm Beach Gardens, FL is $1,250,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has increased to 336. 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

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Palm Beach Gardens market.
Median List Price $1,250,000
Median Price of New Listings $1,349,900
Per Square Foot $480
Average Days on Market 123
Median Days on Market 81
Price Decreased 44%
Price Increased 2%
Relisted 8%
Inventory 336
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
$4,099,999 4,658 0.25 - 0.5 acre 5 4.5 19 5 6 80
$1,597,000 3,043 8,000 - 10,000 sqft 4 3.5 20 11 5 77
$949,500 2,234 6,500 - 8,000 sqft 3 2.5 29 9 8 101
$637,000 1,655 4,500 - 6,500 sqft 3 2 39 4 3 66