Luxury Market Report Palm Beach

Recent ILHM Luxury Market Report / updates for Palm Beach, Beach Towns; Palm Beach County; Southeast Florida

The Luxury Benchmark Price for Single Family Homes in Palm Beach is currently: $780,000

The Luxury Benchmark Price for Condos (attached homes) in Palm Beach is currently: $720,000

Please ask us for  copy of the full 5 page report for Palm Beach, Beach Towns, Palm Beach County, and for other cities / market areas where you may have an interest. Below are the summaries for Palm Beach; Southeast Florida.

PALM BEACH MARKET SUMMARY for SINGLE-FAMILY HOMES; June 2019 

• The Palm Beach single-family luxury market is a Buyer's Market with an 11% Sales Ratio.

• Homes sold for a median of 91.49% of list price in May 2019.

• The most active price band is $2,800,000-$3,299,999, where the sales ratio is 21%.

• The median luxury sales price for single-family homes has increased to $2,476,000.

• The median days on market for May 2019 was 86 days, down from 120 in April 2019.

PALM BEACH MARKET SUMMARY for ATTACHED HOMES (CONDOS) ; June 2019 

• The Palm Beach attached luxury market is a Buyer's Market with a 10% Sales Ratio.

• Homes sold for a median of 93.50% of list price in May 2019.

• The most active price band is $900,000-$999,999, where the sales ratio is 30%.

• The median luxury sales price for attached homes has decreased to $1,075,000.

• The median days on market for May 2019 was 77 days, down from 144 in April 2019.

As a Member of The Institute for Luxury Home Marketing we have many additional tools to help Higher End Sellers and Buyers; in any location / marketplace.

The Institute's Luxury Market Report is your guide to luxury real estate data and trends for North America. Produced monthly, this report provides an in-depth look at the top residential markets across the United States and Canada. As an active member of The Institute, we receive exclusive access to a deep-dive report with analysis on all of the included markets.

Also; please check out the other Pages; Blogs, and tabs to many other informational Links, Updates & Reports that we have here on our informational website.  

"We hope that you find the information useful.  If you have any questions, please do not hesitiate to contact Kim or Barry with the Hoey Team  email us at: Barry@SWFLLuxury.Com  or KimZuponcic@Gmail.com or Call/Text the Hoey Team at:  (239)-360-5527 

Please Share this Page with anyone who you think the info will help.  Feel free to refer any family or friends; it is the greatest compliment that you can give to us; we really appreciate referrals; and we will help in any way we can.  Most of our business is referrals by word of mouth from past Sellers and Buyers who we have helped; as well as fellow REALTORS also; please ask for and check out our testimonials.  Thanks, Barry & Kim ☘"