REAL-TIME MARKET NUMBERS

North Palm Beach, FL 33408

Single-Family Homes

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North Palm Beach, FL 33408

Fri May 02 2025
This week the median list price for North Palm Beach, FL 33408 is $2,920,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 66. Click here to stay informed with the North Palm Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

North Palm Beach, FL 33408

Fri May 02 2025
This week the median list price for North Palm Beach, FL 33408 is $2,920,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 66. Click here to stay informed with the North Palm Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the North Palm Beach market.
Median List Price $2,920,000
Median Price of New Listings $549,800
Per Square Foot $1,029
Average Days on Market 150
Median Days on Market 95
Price Decreased 50%
Price Increased 2%
Relisted 6%
Inventory 66
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$12,500,000 5,668 0.5 - 1 acre 5 5.8 14 0 1 178
$4,572,500 3,827 0.25 - 0.5 acre 4 4 17 0 0 133
$1,725,000 2,148 0.25 - 0.5 acre 4 3 58 1 3 77
$658,800 1,678 8,000 - 10,000 sqft 3 2 66 2 2 63