Illustrated Properties Luxury Report

WEST PALM BEACH DINING | CULTURE | HISTORY

Located along Florida’s Atlantic Ocean coast, West Palm Beach offers visitors year-round excitement within easy reach of smooth-sand beaches and some of the nation’s most enticing waterways. Exquisite shops, fine dining, Broadway-quality shows, a world-renowned art museum and more - this is what awaits the fortunate visitor to West Palm Beach. Downtown West Palm Beach is home to four retail and entertainment districts: Clematis Street, Rosemary Square, Northwood Village, and Antique Row. These vibrant pieces of West Palm Beach are lined with fashionable bars, nightclubs, boutiques and collectibles.

Single Family Homes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

SINGLE FAMILY HOMES

2024 Q2

2025 Q1

2025 Q2

Number of Sales

99

91

111

▲12.1%

▲22.0%

Average Sales Price

$2,577,685

$2,145,798

$2,862,326

▲11.0%

▲33.4%

Median Sales Price

$1,825,000

$1,650,000

$1,850,000

▲1.4%

▲12.1%

Average Square Footage

3,239

3,031

3,165

▼2.3%

▲4.4%

Price Per Square Foot

$806

$758

$836

▲3.8%

▲10.4%

Average DOM

107

120

83

▼22.2%

▼30.8%

Sales Sold at Original List Price

5

7

6

▲20.0%

▼14.3%

Top Sale Price

$9,375,000

$7,000,000

$28,200,000

▲200.8%

▲302.9%

Total Sale Volume

$255,190,775

$195,267,588

$317,718,194

▲24.5%

▲62.7%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2024 Q2

2025 Q1

2025 Q2

Number of Sales

49

30

18

▼63.3%

▼40.0%

Average Sales Price

$3,216,876

$2,520,147

$2,761,083

▼14.2%

▲9.6%

Median Sales Price

$1,595,000

$1,650,000

$1,818,250

▲14.0%

▲10.2%

Average Square Footage

2,553

2,018

2,377

▼6.9%

▲17.8%

Price Per Square Foot

$1,045

$1,124

$1,043

▼0.2%

▼7.2%

Average DOM

85

114

103

▲21.8%

▼9.3%

Sales Sold at Original List Price

5

4

0

▼100.0%

▼100.0%

Top Sale Price

$27,988,425

$14,900,000

$12,543,000

▼55.2%

▼15.8%

Total Sale Volume

$157,626,925

$75,604,412

$49,699,500

▼68.5%

▼34.3%

Top Residential Sale $28.2M 3030 WASHINGTON RD, WEST PALM BEACH, FL 33405

LUXURY REPORT

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