Palm Beach Market Report

$8,553,693

AVERAGE PRICE OF 227 HOMES

AVERAGE PRICE OF 160 MULTI-MILLION DOLLAR HOMES

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

AVERAGE PRICE OF 77 HOMES WITH A POOL

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Palm Beach Home Price Trends

	5/2023	4/2023	3/2023	2/2023	1/2023
Total Listings	256	274	283	260	219
Average Price	n/a	n/a	$7,599,805	$7,592,929	$7,851,226
Avg Price Change	n/a	n/a	+0.09%	-3.40%	-1.50%
Median Price	$3,030,060	$2,917,505	$2,902,094	$2,937,519	$3,272,905
Med Price Change	+3.86%	+0.53%	-1.22%	-11.42%	-4.32%
Avg Bedrooms	1.94 beds	2.41 beds	2.64 beds	2.69 beds	2.78 beds
Avg Bathrooms	2.23 baths	2.74 baths	3.02 baths	3.11 baths	3.2 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Forest Hill Community High School	2	$3,997,000	283 days
Lake Worth High School	8	$556,675	73 days
Palm Beach Lakes High School	2	$18,375,000	62 days

Home Price by House Size