$799,000
1,945 SqFt
2 Beds
•2 Full Baths
Sheena Romano, Listing Office: Platinum Living Realty
![MLS logo](https://dnmtvrxsstng6.cloudfront.net/mlslogos/IDX_201.png)
August 2024
Report Updated 7 Days Ago
Is West Palm Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, West Palm Beach was a Seller's Market.
How much do homes in West Palm Beach, FL cost?
$398,948
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
Summary: The median home sold price in West Palm Beach was $398,948 in August 2024, up 8% from last year, and the median price per square foot was $273.
# BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132K | $130K | -1.5% |
2 Bedrooms | $273.7K | $278.6K | +1.8% |
3 Bedrooms | $449.9K | $495K | +10.0% |
4 Bedrooms | $624.7K | $698.3K | +11.8% |
5+ Bedrooms | $945K | $1.0M | +5.8% |
Summary: West Palm Beach housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 5.8%.
West Palm Beach | $369.3K | $398.9K | +8.0% |
Mangonia Park | $393.6K | $412.8K | +4.9% |
Riviera Beach | $409.8K | $400K | -2.4% |
Palm Beach | $1.2M | $1.1M | -2.9% |
How many homes are available in West Palm Beach, FL?
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
2,285 | 2,428 | +6.3% |
Summary: The West Palm Beach real estate market had 2,428 homes for sale in August 2024, a 6.3% increase compared to July 2024.
# BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 402 | 414 | +3.0% |
2 Bedrooms | 869 | 944 | +8.6% |
3 Bedrooms | 614 | 645 | +5.0% |
4 Bedrooms | 262 | 275 | +5.0% |
5+ Bedrooms | 138 | 150 | +8.7% |
Summary: The West Palm Beach housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 8.7%.
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
305 | 241 | -21.0% |
186 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 241 homes were sold or pending in West Palm Beach in August 2024, down by 21.0% month-over-month. Of the 241 sold homes, 77% were sold under asking, 14% were sold at asking, and 9% were sold over asking.
How long does it take to sell a home in West Palm Beach, FL?
Aug 2023 | Aug 2024 | CHANGE |
---|---|---|
49 Days | 57 Days | +14.4% |
Summary: Homes in West Palm Beach had an average of 57 days on market in Aug 2024, up by 14.4% compared to last year.
100 Homes Were Sold
Under 30 Days
88 Homes Were Sold
In 30 - 90 Days
53 Homes Were Sold
Over 90 Days
Summary: During August 2024, 241 homes were sold in West Palm Beach; 41% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 7 Days Ago
What homes are available in West Palm Beach, FL?
See More ListingsWhat housing markets are near West Palm Beach, FL?
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Based on information from Beaches MLS, Miami MLS, Stellar MLS, Florida Gulf Coast MLS, and Emerald Coast MLS for the period 09/01/2022 - 09/01/2024
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 8:19:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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