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)

SINGLE FAMILY Number of Sales

2023

2024

227

306

▲34.8%

Average Sales Price

$2,319,785

$2,408,483

▲3.8%

Median Sales Price

$1,750,000

$1,662,500

▼5.0%

Average Square Footage

3,204

3,128

▼2.4%

Price Per Square Foot

$749

$792

▲5.7%

Average DOM

101

107

▲5.7%

Sales Sold at Original List Price

7

16

▲128.6%

Top Sale Price

$12,500,000

$16,588,640

▲32.7%

Total Sale Volume

$526,591,276

$736,995,821

▲40.0%

Condos & Townhomes

% CHANGE (1 YEAR)

CONDO/CO-OP/TOWNHOME

2023

2024

Number of Sales

157

91

▼42.0%

Average Sales Price

$3,182,325

$2,775,684

▼12.8%

Median Sales Price

$2,485,000

$1,610,000

▼35.2%

Average Square Footage

2,372

2,346

▼1.1%

Price Per Square Foot

$1,255

$1,043

▼16.9%

Average DOM

88

106

▲20.8%

Sales Sold at Original List Price

79

9

▼88.6%

Top Sale Price

$21,000,000

$27,988,425

▲33.3%

Total Sale Volume

$499,625,040

$252,587,270

▼49.4%

Top Residential Sale $16.588M 2305 S FLAGLER DR, WEST PALM BEACH, FL 33401

LUXURY REPORT

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