Altos Market Data for Realtors

Palm Beach Gardens, FL

Single-Family Homes

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Palm Beach Gardens, FL

Tue Jun 15 2021
This week the median list price for Palm Beach Gardens, FL is $999,999 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has increased to 107. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Palm Beach Gardens, FL

Tue Jun 15 2021
This week the median list price for Palm Beach Gardens, FL is $999,999 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has increased to 107. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Palm Beach Gardens market.
Median List Price $999,999
Median Price of New Listings $839,500
Per Square Foot $346
Average Days on Market 40
Median Days on Market 21
Price Decreased 22%
Price Increased 5%
Relisted 2%
Inventory 107
Median Rent $7,500
Market Action 69
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$3,535,000 5,129 0.5 - 1 acre 5 6 15 1 1 35
$1,439,999 3,304 8,000 - 10,000 sqft 4 4 17 9 7 14
$875,000 2,874 8,000 - 10,000 sqft 4 3 24 9 2 14
$519,900 1,757 6,500 - 8,000 sqft 3 2 37 11 10 14