South Florida

Palm Beach, FL

Single-Family Homes

Real Estate Market Reports



Palm Beach, FL

Thu Dec 08 2022
This week the median list price for Palm Beach, FL is $14,900,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has increased to 39. 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 Dec 08 2022
This week the median list price for Palm Beach, FL is $14,900,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has increased to 39. 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 $21,495,000
Per Square Foot $3,873
Average Days on Market 110
Median Days on Market 63
Price Decreased 38%
Price Increased 0%
Relisted 3%
Inventory 39
Median Rent
Market Action 26
Slight Buyer's Advantage

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$39,700,000 5,452 0.5 - 1 acre 5 7 60 0 0 42
$18,475,000 4,506 0.25 - 0.5 acre 5 5.5 34 1 0 59
$11,825,000 3,241 0.25 - 0.5 acre 4 4.5 72 0 1 66
$8,025,000 2,756 0.25 - 0.5 acre 3 3.3 55 0 2 115