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

2023 Q3

2024 Q2

2024 Q3

Number of Sales

46

97

77

▲67.4%

▼20.6%

Average Sales Price

$2,254,979

$2,599,905

$2,309,983

▲2.4%

▼11.2%

Median Sales Price

$1,565,000

$1,862,500

$1,515,000

▼3.2%

▼18.7%

Average Square Footage

3,308

3,277

3,359

▲1.5%

▲2.5%

Price Per Square Foot

$683

$801

$697

▲2.1%

▼12.9%

Average DOM

110

109

124

▲12.8%

▲14.1%

Sales Sold at Original List Price

2

3

5

▲150.0%

▲66.7%

Top Sale Price

$6,200,000

$9,375,000

$8,530,000

▲37.6%

▼9.0%

Total Sale Volume

$103,729,045

$252,190,775

$177,868,728

▲71.5%

▼29.5%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

50

49

10

▼80.0%

▼79.6%

Average Sales Price

$3,682,869

$3,216,876

$2,552,000

▼30.7%

▼20.7%

Median Sales Price

$3,625,000

$1,595,000

$1,750,750

▼51.7%

▲9.8%

Average Square Footage

2,503

2,553

2,240

▼10.5%

▼12.2%

Price Per Square Foot

$1,472

$1,045

$1,075

▼26.9%

▲2.9%

Average DOM

123

85

138

▲12.6%

▲63.5%

Sales Sold at Original List Price

38

5

2

▼94.7%

▼60.0%

Top Sale Price

$16,000,000

$27,988,425

$5,800,000

▼63.8%

▼79.3%

Total Sale Volume

$184,143,462

$157,626,925

$25,520,000

▼86.1%

▼83.8%

Top Residential Sale $8.53M 200 ASHWORTH ST, WEST PALM BEACH, FL 33405

LUXURY REPORT

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