$10,000 Closing Credit*
$2,190,000
1,994 SqFt
3 Beds
•2 Full Baths
Angela Marie Moore, Listing Office: NV Realty Group, LLC
Is Village of North Palm Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Village of North Palm Beach has remained a Seller's Market.
Key Takeaway
Village of North Palm Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Village of North Palm Beach, FL
How much do homes in Village of North Palm Beach, FL cost?
Median Sold Price
$604,000
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,910(+16.1%)
Key Takeaway
Homes in Village of North Palm Beach have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Village of North Palm Beach was $604,000 in October 2024, up 16.1% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $195K | +8.3% |
| 2 Bedrooms | $433.1K | $302.5K | -30.2% |
| 3 Bedrooms | $534.9K | $707.5K | +32.2% |
| 4 Bedrooms | $750K | $735K | -2.0% |
| 5+ Bedrooms | $4.6M | $5.3M | +13.7% |
Summary: Village of North Palm Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 30.2%, 3 bedroom homes increased by 32.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in Village of North Palm Beach, FL
How many homes are available in Village of North Palm Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Village of North Palm Beach real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Village of North Palm Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Village of North Palm Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Village of North Palm Beach in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Village of North Palm Beach, FL
How long does it take to sell a home in Village of North Palm Beach, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 80 Days | +100.6% |
Summary: Homes in Village of North Palm Beach had an average of 80 days on market in Oct 2024, up by 100.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Village of North Palm Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Village of North Palm Beach; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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