South Florida

Palm Beach, FL

Single-Family Homes

Real Estate Market Reports



Palm Beach, FL

Thu Sep 21 2023
This week the median list price for Palm Beach, FL is $14,900,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 45. Click here to stay informed with the Palm Beach market!

Market Action Index

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

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Palm Beach, FL

Thu Sep 21 2023
This week the median list price for Palm Beach, FL is $14,900,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 45. Click here to stay informed with the Palm Beach market!

Market Action Index

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

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Palm Beach market.
Median List Price $14,900,000
Median Price of New Listings $15,000,000
Per Square Foot $3,471
Average Days on Market 151
Median Days on Market 140
Price Decreased 11%
Price Increased 0%
Relisted 2%
Inventory 45
Median Rent
Market Action 26
Slight Buyer'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
$37,500,000 6,488 0.5 - 1 acre 6 6.5 60 2 0 140
$15,995,000 4,487 0.25 - 0.5 acre 4 5 50 2 1 175
$11,995,000 3,523 0.25 - 0.5 acre 4 4.5 70 0 0 203
$7,447,500 2,808 8,000 - 10,000 sqft 4 3.5 72 3 0 122