South Palm Beach, FL
Housing market overview · Updated weekly
$890,000median sale price
Homes sold
2
Last 12 weeks
Days on market
511
Average pace
Active listings
72
36.0 months supply
Sale-to-list
85.9%
Below asking
The South Palm Beach housing market is currently classified as a buyer's market with a median sale price of $890,000. Prices have risen 174.9% compared to last year, with homes spending an average of 511 days on market, indicating 36.0 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
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Frequently asked questions
What is the average home price in South Palm Beach?
The median home sale price in South Palm Beach is $890,000, up 174.9% from last year.
How long do homes stay on market in South Palm Beach?
Homes typically spend 511 days on market before going under contract.
Is South Palm Beach a buyer's or seller's market?
With 36.0 months of supply, South Palm Beach is currently a buyer's market.
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