Palm Beach, FL

Buyer's market+16.7% YoY

Housing market overview · Updated weekly

$3.95Mmedian sale price

Homes sold

24

Last 12 weeks

Days on market

106

Average pace

Active listings

351

14.6 months supply

Sale-to-list

93.2%

Below asking

The Palm Beach housing market is currently classified as a buyer's market with a median sale price of $3.95M. Prices have risen 16.7% compared to last year, with homes spending an average of 106 days on market, indicating 14.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Palm Beach

There are currently 351 homes listed for sale in Palm Beach, Florida. The median listing price is $2.3M.

Active listings

351

Homes on market

Median list price

$2.3M

Avg. days on market

106

Days until sale

New this week

59

Newly listed

Price drops:27.1%of listings
Sale-to-list:93.2%

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Frequently asked questions

What is the average home price in Palm Beach?

The median home sale price in Palm Beach is $3.95M, up 16.7% from last year.

How long do homes stay on market in Palm Beach?

Homes typically spend 106 days on market before going under contract.

Is Palm Beach a buyer's or seller's market?

With 14.6 months of supply, Palm Beach is currently a buyer's market.

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