Market Report Q1 2024

Contents

3 5 7 9

All Palm Beach Single Family Home Sales Single Family Homes: North End, Palm Beach Single Family Homes: In-Town, Palm Beach Single Family Homes Estate Section, Palm Beach

11 13

Condos: In-Town Palm Beach

Single Family Homes: El Cid, West Palm Beach

15 Single Family Homes: Northwood & Providencia Park, West Palm Beach 17 Single Family Homes: South End, West Palm Beach 19 Condos: Coastal West Palm Beach

Palm beach single family homes

2020 through 2024 Q1

2020

2021

2022

2023

2024 Q1

174

98 $1,814,677,210

58 $1,027,554,988

No. of Sales

257

19 $227,087,800 $10,400,000 $11,951,989 223 1 $29,250,000 $5,100,000

Sales Volume

$1,276,449,733

$3,370,717,674

$13,182,663 $18,517,114 98 17 $85,977,000 $3,200,000

$12,000,000 $17,125,916 147 7 $68,145,600 $3,200,000

Median

$5,431,000

$7,700,000

Average

$7,335,918

$13,115,633

Average DOM

212

111

-

Off Market

87

Highest Sold

$43,000,000

$122,695,954

Lowest Sold

$1,200,000

$1,375,000

home sales by price

2023 23 20 11

2022 34 32 26

2021

2020

2024 Q1

100 50 38

102 32 18

7 10

$5M to $10M $10M to $20M $20M to $50M $50 to $100M $100M+

2 0 0

4 2

4 0

6 2

3 0

SOURCE : ALL DATA IS PULLED FROM THE PALM BEACH MLS, BEACHES MLS, AND THE PALM BEACH PROPERTY APPRAISERS (PAPA)

- 2 -

- 3 -

Made with FlippingBook - professional solution for displaying marketing and sales documents online