Illustrated Properties Luxury Report

PALM BEACH GARDENS & NORTH PALM BEACH GOLF | SHOPPING | FISHING Palm Beach Gardens is home to the headquarters of the Professional Golfers’ Association of America (PGA) and each year hosts legendary professional golfers at The Honda Classic. Palm Beach Gardens also offers fine hotels, a wide variety of recreational enticements and convenient proximity to the beaches. Known worldwide for its recreation, North Palm Beach boasts The Palm Beaches’ only state park. John D. MacArthur Beach State Park is an eco-friendly and family-friendly treasure. Enjoy crystal clear waters and an adventurous lifestyle.

Single Family Homes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

SINGLE FAMILY HOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

121

177

104

▼14.0%

▼41.2%

Average Sales Price

$2,051,796

$2,275,726

$2,200,194

▲7.2%

▼3.3%

Median Sales Price

$1,500,000

$1,600,000

$1,549,995

▲3.3%

▼3.1%

Average Square Footage

3,578

3,532

3,521

▼1.6%

▼0.3%

Price Per Square Foot

$560

$610

$603

▲7.5%

▼1.2%

Average DOM

78

81

86

▲10.5%

▲6.9%

Sales Sold at Original List Price

19

15

10

▼47.4%

▼33.3%

Top Sale Price

$7,143,475

$15,600,000

$12,750,000

▲78.5%

▼18.3%

Total Sale Volume

$248,267,346

$402,803,483

$228,820,179

▼7.8%

▼43.2%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

11

14

8

▼27.3%

▼42.9%

Average Sales Price

$1,691,818

$2,142,500

$1,975,000

▲16.7%

▼7.8%

Median Sales Price

$1,525,000

$1,750,000

$1,847,500

▲21.1%

▲5.6%

Average Square Footage

2,562

2,692

2,445

▼4.6%

▼9.2%

Price Per Square Foot

$661

$873

$846

▲27.9%

▼3.1%

Average DOM

113

109

73

▼35.7%

▼33.3%

Sales Sold at Original List Price

1

0

0

▼100.0%

-

Top Sale Price

$4,000,000

$5,000,000

$3,050,000

▼23.8%

▼39.0%

Total Sale Volume

$18,610,000

$29,995,000

$15,800,000

▼15.1%

▼47.3%

Top Residential Sale $14.4M 107 BOWSPRIT DR, NORTH PALM BEACH, FL 33408

LUXURY REPORT

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