Altos Market Data for Realtors

Palm Beach Gardens, FL

Single-Family Homes

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Palm Beach Gardens, FL

Tue May 30 2023
This week the median list price for Palm Beach Gardens, FL is $1,371,995 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has decreased to 256. Click here to stay informed with the Palm Beach Gardens market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Palm Beach Gardens, FL

Tue May 30 2023
This week the median list price for Palm Beach Gardens, FL is $1,371,995 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has decreased to 256. Click here to stay informed with the Palm Beach Gardens market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Palm Beach Gardens market.
Median List Price $1,371,995
Median Price of New Listings $995,000
Per Square Foot $472
Average Days on Market 105
Median Days on Market 77
Price Decreased 46%
Price Increased 4%
Relisted 10%
Inventory 256
Median Rent
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,225,000 4,870 0.25 - 0.5 acre 5 5 17 6 6 119
$1,795,000 3,331 0.25 - 0.5 acre 4 4 17 4 5 80
$995,000 2,588 6,500 - 8,000 sqft 3 3 28 7 11 49
$631,500 1,733 4,500 - 6,500 sqft 3 2 34 11 14 42