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 Q1

2024 Q4

2025 Q1

Number of Sales

81

50

90

▲11.1%

▲80.0%

Average Sales Price

$2,521,975

$2,065,378

$2,154,362

▼14.6%

▲4.3%

Median Sales Price

$1,800,000

$1,335,000

$1,675,000

▼6.9%

▲25.5%

Average Square Footage

3,021

2,760

3,023

▲0.1%

▲9.5%

Price Per Square Foot

$848

$812

$762

▼10.1%

▼6.2%

Average DOM

105

84

121

▲14.7%

▲44.6%

Sales Sold at Original List Price

3

3

7

▲133.3%

▲133.3%

Top Sale Price

$16,588,640

$12,900,000

$7,000,000

▼57.8%

▼45.7%

Total Sale Volume

$204,279,943

$103,268,875

$193,892,588 ▼5.1%

▲87.8%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2024 Q1

2024 Q4

2025 Q1

Number of Sales

18

13

30

▲66.7%

▲130.8%

Average Sales Price

$1,973,907

$2,456,425

$2,520,147

▲27.7%

▲2.6%

Median Sales Price

$1,637,500

$2,100,000

$1,650,000

▲0.8%

▼21.4%

Average Square Footage

2,000

2,184

2,018

▲0.9%

▼7.6%

Price Per Square Foot

$990

$1,070

$1,124

▲13.6%

▲5.1%

Average DOM

131

132

114

▼13.0%

▼14.0%

Sales Sold at Original List Price

1

1

4

▲300.0%

▲300.0%

Top Sale Price

$3,675,000

$6,500,000

$14,900,000

▲305.4%

▲129.2%

Total Sale Volume

$35,530,325

$31,933,520

$75,604,412

▲112.8%

▲136.8%

Top Residential Sale $7M 111 RUSSLYN DR, WEST PALM BEACH, FL 33405

LUXURY REPORT

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