West Palm Beach Real Estate Trends & Statistics

West Palm Beach Median List Price

$164,900

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West Palm Beach Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	1,555	1,647	6%	1,805	14%
Median List Price	$164,900	$152,900	8%	$140,000	18%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	3%		5%
Median DOM	80	76	5%	94	15%
Median House Size	1,498	1,499		1,540	3%
Median $/Sqft	$93/sqft	$89/sqft	4%	$78/sqft	19%

	Today	1 Month Ago		1 Year Ago
Total Inventory	720	751	4%	868	17%
Median List Price	$319,900	$325,000	2%	$245,000	31%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	4%	4%		5%
Median DOM	88	86	2%	98	10%
Median House Size	2,750	2,789	1%	2,650	4%
Median $/Sqft	$114/sqft	$112/sqft	2%	$95/sqft	20%

	Today	1 Month Ago		1 Year Ago
Total Inventory	835	896	7%	937	11%
Median List Price	$80,000	$75,000	7%	$70,000	14%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	2%		4%
Median DOM	77	68	13%	91	15%
Median House Size	1,076	1,078		1,114	3%
Median $/Sqft	$73/sqft	$67/sqft	9%	$59/sqft	24%

West Palm Beach Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	258	308	247	302	263	285	267
New Listings	578	548	435	685	621	602	610
Sold/Expired	629	555	542	697	605	594	611

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	149	160	131	172	153	153	141
New Listings	309	237	184	330	258	238	289
Sold/Expired	299	288	262	336	292	262	265

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	109	148	116	130	110	132	126
New Listings	269	311	251	355	363	364	321
Sold/Expired	330	267	280	361	313	332	346

West Palm Beach, Florida real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the West Palm Beach homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in West Palm Beach. Movoto is your comprehensive source for West Palm Beach property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

West Palm Beach, FL Market Overview

Inventory: 1,555 Recently Sold: 611 New Listings: 610 Distressed: 3

West Palm Beach's home resale inventories , with a 6 percent decrease since April 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in West Palm Beach went up from April to May. There were a total of 75 price increases and 267 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

810 Flamingo Dr, West Palm Beach, FL