Altos Market Data for Realtors

Palm Beach Gardens, FL

Single-Family Homes

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Palm Beach Gardens, FL

Fri Jun 21 2024
This week the median list price for Palm Beach Gardens, FL is $1,359,500 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 318. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Palm Beach Gardens, FL

Fri Jun 21 2024
This week the median list price for Palm Beach Gardens, FL is $1,359,500 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 318. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Palm Beach Gardens market.
Median List Price $1,359,500
Median Price of New Listings $1,015,000
Per Square Foot $474
Average Days on Market 116
Median Days on Market 77
Price Decreased 50%
Price Increased 3%
Relisted 9%
Inventory 318
Median Rent
Market Action 34
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$3,990,000 4,641 0.5 - 1 acre 4 5 19 1 1 140
$1,619,990 3,231 6,500 - 8,000 sqft 4 3.5 17 8 11 70
$995,000 2,344 6,500 - 8,000 sqft 3 2.8 30 1 6 77
$649,900 1,649 4,500 - 6,500 sqft 3 2 41 10 6 45