Market Report Q1 2024

EL-CID 2022 vs. 2023 west Palm Beach

SINGLE FAMILY HOMES $1M & UP

% Change Year over Year

TOTAL

2023 Q1*

2024 Q1**

No. of Sales Sales Volume Med Sale Price Avg Sale Price Avg DOM Avg PPSF Avg Lot PPSF Off-Market Higest Sold Lowest Sold

12 $27,611,500 $2,510,136 $2,395,000 104

16 $45,519,100 $2,700,000 $3,034,607 113 $1,122 $339 1 $7,025,000 $1,200,000

+33.33% +64.86% +7.56% +26.71% +8.65% +29.71% +23.72%- - +17.28% +11.63%

$865 $274 0

$5,990,000 $1,075,000

**Q1 2024 Sales Volume, Med Sale Price, Avg Sale Price, Avg PPSF, Avg Lot PPSF, and Highest Sold not considering outlier $16,588,640 sale at 2305 S Flagler Dr. *Q1 2023 Sales Volume, Med Sale Price, Avg Sale Price, Avg PPSF, Avg Lot PPSF, and Highest Sold not considering outlier $21,081,840 sale at 3140 Washington Rd.

WATERFRONT

No. of Sales Sales Volume Med Sale Price Avg Sale Price Avg DOM Avg PPSF Avg Lot PPSF Off-Market Higest Sold Lowest Sold No. of Sales Sales Volume Med Sale Price Avg Sale Price Avg DOM Avg PPSF Avg Lot PPSF Off-Market Higest Sold Lowest Sold

1 $21,081,840

6 $16,588,640

- - - - - - - - - -

- - - $3,574 $354 1

- - 133

$3,117 $8861

- - -

- -

NON-WATERFRONT

11 $27,611,500 $2,510,136 $2,395,000 104

15 $45,519,100 $2,700,000 $3,034,607 113 $1,122 $339 1 $7,025,000 $1,200,000

+36.36% +64.86% +7.56% +26.71% +8.65% +29.71% +23.72%

$865 $274 0

- - -

$5,990,000 $1,075,000

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