Altos Market Data for Realtors

Palm Beach Gardens, FL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Palm Beach Gardens, FL

Fri May 24 2024
This week the median list price for Palm Beach Gardens, FL is $1,418,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 319. 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

Fri May 24 2024
This week the median list price for Palm Beach Gardens, FL is $1,418,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 319. 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 $1,418,000
Median Price of New Listings $1,048,500
Per Square Foot $485
Average Days on Market 111
Median Days on Market 70
Price Decreased 52%
Price Increased 3%
Relisted 9%
Inventory 319
Median Rent
Market Action 35
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
$4,200,000 4,742 0.25 - 0.5 acre 5 5.5 19 4 3 126
$1,699,994 3,268 8,000 - 10,000 sqft 4 3.5 20 2 3 77
$1,069,999 2,431 8,000 - 10,000 sqft 4 3 31 8 9 70
$676,500 1,725 4,500 - 6,500 sqft 3 2 38 10 8 38