Page 29 - IPRE Luxury Report

WEST PALM BEACH
DINING | CULTURE | HISTORY
Located along Florida’s Atlantic Ocean coast, West Palm Beach offers visitors year-round excitement within easy reach of smooth-sand beaches and some of the nation’s most enticing waterways. Exquisite shops, fine dining, Broadway-quality shows, a world-renowned art museum and more - this is what awaits the fortunate visitor to West Palm Beach.
Downtown West Palm Beach is home to four retail and entertainment districts: Clematis Street, Rosemary Square, Northwood Village, and Antique Row. These vibrant pieces of West Palm Beach are lined with fashionable bars, nightclubs, boutiques and collectibles.
Single Family Homes
SINGLE FAMILY HOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average DOM
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
70
$2,518,523
$1,815,000
3,385
$758
51
6
$16,000,000
$176,296,600
2023 Q2
82
$2,501,813
$1,825,000
3,174
$795
100
1
$12,500,000
$205,148,699
2023 Q3
49
$2,186,593
$1,500,000
3,311
$659
107
4
$6,200,000
$107,143,045
2023 Q3
55
$3,712,700
$3,785,000
2,537
$1,471
111
43
$16,000,000
$204,198,483
% CHANGE (YEAR)
▼30.0%
▼13.2%
▼17.4%
▼2.2%
▼13.1%
▲111.8%
▼33.3%
▼61.3%
▼39.2%
% CHANGE (YEAR)
▲400.0%
▲142.6%
▲191.2%
▲14.0%
▲105.9%
▲146.9%
▲4200.0%
▲540.0%
▲1112.9%
% CHANGE (QUARTER)
▼40.2%
▼12.6%
▼17.8%
▲4.3%
▼17.1%
▲7.3%
▲300.0%
▼50.4%
▼47.8%
% CHANGE (QUARTER)
▼21.4%
▲46.5%
▲70.1%
▲15.6%
▲27.0%
▲149.7%
▼4.4%
▲109.2%
▲15.1%
Condos & Townhomes
CONDOS/TOWNHOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average DOM
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
11
$1,530,455
$1,300,000
2,226
$714
45
1
$2,500,000
$16,835,000
2023 Q2
70
$2,535,016
$2,225,625
2,194
$1,158
45
45
$7,650,000
$177,451,103
TOP RESIDENTIAL SALE $3.8M
13058 FLAMINGO TER, WEST PALM BEACH, FL 33410
ILLUSTRATED PROPERTIES | IPRE.COM