West Palm Beach, FL
Housing market overview · Updated weekly
$505,000median sale price
Homes sold
149
Last 12 weeks
Days on market
91
Average pace
Active listings
1,275
8.6 months supply
Sale-to-list
95.7%
Below asking
The West Palm Beach housing market is currently classified as a buyer's market with a median sale price of $505,000. Prices have fallen 5.6% compared to last year, with homes spending an average of 91 days on market, indicating 8.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in West Palm Beach?
The median home sale price in West Palm Beach is $505,000, down 5.6% from last year.
How long do homes stay on market in West Palm Beach?
Homes typically spend 91 days on market before going under contract.
Is West Palm Beach a buyer's or seller's market?
With 8.6 months of supply, West Palm Beach is currently a buyer's market.
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