West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $209,000
    3% ( $5,878 ) vs Feb 2014
  • Median Sales Price
    $141,000
    2% ( $3,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $116,950
    3% ( $3,750 ) vs Feb 2014
  • Foreclosures 6,199
    Homes for Sale 2,580
    Recently Sold 5,744

Market Summary

There are currently 6,199 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 2,580.

In March, the number of properties that received a foreclosure filing in West Palm Beach, FL was 16% higher than the previous month and 18% lower than the same time last year.

Home sales for February 2015 were down 15% compared with the previous month, and down 18% compared with a year ago. The median sales price of a non-distressed home was $141,000. The median sales price of a foreclosure home was $116,950, or 17% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$116,950 (Median Foreclosure Sales Price) $113,200 (Median Foreclosure Sales Price) $112,000 (Median Foreclosure Sales Price) $121,700 (Median Foreclosure Sales Price) $117,150 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $141,000 (Median Sales Price) $144,000 (Median Sales Price) $145,000 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median Sales Price) $145,000 (Median Sales Price) $116,950 (Median Foreclosure Sales Price) $113,200 (Median Foreclosure Sales Price) $112,000 (Median Foreclosure Sales Price) $121,700 (Median Foreclosure Sales Price) $117,150 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $141,000 (Median Sales Price) $144,000 (Median Sales Price) $145,000 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median Sales Price) $145,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
681
27.6
% (y-o-y)
$149,000
4.9
% (y-o-y)
16.1%
22.5
% (y-o-y)
Boca Raton
335
24.7
% (y-o-y)
$243,538
5.9
% (y-o-y)
8.2%
9.4
% (y-o-y)
Lake Worth
290
25.1
% (y-o-y)
$135,000
5.5
% (y-o-y)
11.1%
14.1
% (y-o-y)
Delray Beach
243
19.8
% (y-o-y)
$138,000
8.7
% (y-o-y)
9.9%
9.8
% (y-o-y)
Boynton Beach
235
23.7
% (y-o-y)
$169,500
2.7
% (y-o-y)
27.3%
23.7
% (y-o-y)
Jupiter
144
23.0
% (y-o-y)
$280,000
5.6
% (y-o-y)
19.3%
24.5
% (y-o-y)
Stuart
123
14.6
% (y-o-y)
$139,100
7.3
% (y-o-y)
9.9%
26.7
% (y-o-y)
Palm Beach Gardens
97
33.6
% (y-o-y)
$299,000
4.5
% (y-o-y)
30.4%
41.5
% (y-o-y)
Deerfield Beach
95
33.6
% (y-o-y)
$120,500
35.4
% (y-o-y)
Data not available
Jensen Beach
52
30.0
% (y-o-y)
$181,000
6.5
% (y-o-y)
8.8%
13.2
% (y-o-y)

Local Info For West Palm Beach

Population:
97,798
Cost of Living Index: 125.73
Crime Index: 194.09     Rating: C View crime details
Schools: 65    Average School Rating: C+ View individual school rating
Household Median Income: $44,905
Unemployment: 4.60%
Percentage of vacant homes: 23.16%