West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $202,007
    1% ( $2,107 ) vs Jan 2014
  • Median Sales Price
    $144,000
    1% ( $1,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $113,200
    1% ( $1,200 ) vs Jan 2014
  • Foreclosures 6,567
    Homes for Sale 2,559
    Recently Sold 6,451

Market Summary

There are currently 6,567 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 2,559.

In February, the number of properties that received a foreclosure filing in West Palm Beach, FL was 18% lower than the previous month and 46% lower than the same time last year.

Home sales for January 2015 were down 29% compared with the previous month, and down 14% compared with a year ago. The median sales price of a non-distressed home was $144,000. The median sales price of a foreclosure home was $113,200, or 21% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$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) $102,100 (Median Foreclosure 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) $144,000 (Median 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) $102,100 (Median Foreclosure 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) $144,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
709
17.7
% (y-o-y)
$150,050
4.6
% (y-o-y)
17.6%
23.3
% (y-o-y)
Boca Raton
408
15.9
% (y-o-y)
$249,950
6.8
% (y-o-y)
16.1%
16.7
% (y-o-y)
Lake Worth
369
10.2
% (y-o-y)
$137,329
9.1
% (y-o-y)
6.8%
12.6
% (y-o-y)
Boynton Beach
319
14.7
% (y-o-y)
$167,500
0.2
% (y-o-y)
18.2%
26.4
% (y-o-y)
Delray Beach
265
13.7
% (y-o-y)
$144,509
17.0
% (y-o-y)
13.5%
10.9
% (y-o-y)
Jupiter
199
8.7
% (y-o-y)
$280,000
6.8
% (y-o-y)
11.6%
30.3
% (y-o-y)
Deerfield Beach
146
19.7
% (y-o-y)
$120,000
9.1
% (y-o-y)
Data not available
Stuart
131
15.5
% (y-o-y)
$143,058
6.8
% (y-o-y)
8.6%
23.2
% (y-o-y)
Palm Beach Gardens
129
14.0
% (y-o-y)
$297,000
2.8
% (y-o-y)
19.3%
46.7
% (y-o-y)
Jensen Beach
64
8.6
% (y-o-y)
$180,500
5.0
% (y-o-y)
30.8%
25.5
% (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: 5.10%
Percentage of vacant homes: 23.16%