West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,000
    5% ( $9,100 ) vs Jun 2013
  • Median Sales Price
    $140,000
    2% ( $2,591 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $101,000
    3% ( $2,650 ) vs Jun 2013
  • Foreclosures 9,390
    Homes for Sale 2,884
    Recently Sold 10,386

Market Summary

There are currently 9,390 properties in West Palm Beach, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 2,884.

In July, the number of properties that received a foreclosure filing in West Palm Beach, FL was 28% higher than the previous month and 27% lower than the same time last year.

Home sales for June 2014 were down 39% compared with the previous month, and down 42% compared with a year ago. The median sales price of a non-distressed home was $140,000. The median sales price of a foreclosure home was $101,000, or 28% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$101,000 (Median Foreclosure Sales Price) $103,650 (Median Foreclosure Sales Price) $100,800 (Median Foreclosure Sales Price) $93,700 (Median Foreclosure Sales Price) $92,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $140,000 (Median Sales Price) $137,410 (Median Sales Price) $129,000 (Median Sales Price) $123,400 (Median Sales Price) $125,000 (Median Sales Price) $130,000 (Median Sales Price) $101,000 (Median Foreclosure Sales Price) $103,650 (Median Foreclosure Sales Price) $100,800 (Median Foreclosure Sales Price) $93,700 (Median Foreclosure Sales Price) $92,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $140,000 (Median Sales Price) $137,410 (Median Sales Price) $129,000 (Median Sales Price) $123,400 (Median Sales Price) $125,000 (Median Sales Price) $130,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
848
26.6
% (y-o-y)
$150,000
11.1
% (y-o-y)
24.7%
29.6
% (y-o-y)
Boca Raton
477
45.4
% (y-o-y)
$270,000
20.0
% (y-o-y)
19.3%
27.0
% (y-o-y)
Boynton Beach
396
37.9
% (y-o-y)
$160,000
11.9
% (y-o-y)
13.8%
16.1
% (y-o-y)
Lake Worth
392
36.4
% (y-o-y)
$129,500
22.5
% (y-o-y)
8.2%
8.3
% (y-o-y)
Delray Beach
271
52.4
% (y-o-y)
$120,000
20.0
% (y-o-y)
2.8%
6.0
% (y-o-y)
Jupiter
206
31.3
% (y-o-y)
$287,500
4.6
% (y-o-y)
29.4%
36.3
% (y-o-y)
Stuart
187
5.1
% (y-o-y)
$144,000
1.8
% (y-o-y)
17.5%
22.7
% (y-o-y)
Palm Beach Gardens
142
47.2
% (y-o-y)
$307,500
12.2
% (y-o-y)
47.3%
47.1
% (y-o-y)
Deerfield Beach
139
24.0
% (y-o-y)
$86,450
7.4
% (y-o-y)
Data not available
Palm City
71
24.5
% (y-o-y)
$255,000
10.9
% (y-o-y)
19.6%
31.1
% (y-o-y)

Local Info For West Palm Beach

Population:
97,798
Cost of Living Index: 125.73
Crime Index: 230.90     Rating: C- View crime details
Schools: 65    Average School Rating: C+ View individual school rating
Household Median Income: $44,905
Unemployment: 5.70%
Percentage of vacant homes: 23.16%