West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,900
    6% ( $10,000 ) vs May 2013
  • Median Sales Price
    $137,410
    7% ( $8,410 ) vs May 2013
  • Median Foreclosure Sales Price
    $103,650
    3% ( $2,850 ) vs May 2013
  • Foreclosures 9,812
    Homes for Sale 2,908
    Recently Sold 10,759

Market Summary

There are currently 9,812 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 2,908.

In June, the number of properties that received a foreclosure filing in West Palm Beach, FL was 5% higher than the previous month and 47% lower than the same time last year.

Home sales for May 2014 were up 4% compared with the previous month, and up 3% compared with a year ago. The median sales price of a non-distressed home was $137,410. The median sales price of a foreclosure home was $103,650, or 25% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$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) $100,000 (Median Foreclosure 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) $132,500 (Median 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) $100,000 (Median Foreclosure 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) $132,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
1,038
17.5
% (y-o-y)
$142,250
16.1
% (y-o-y)
20.6%
28.2
% (y-o-y)
Boca Raton
722
8.7
% (y-o-y)
$265,000
23.3
% (y-o-y)
17.0%
22.4
% (y-o-y)
Lake Worth
596
6.0
% (y-o-y)
$125,000
36.6
% (y-o-y)
15.0%
3.8
% (y-o-y)
Boynton Beach
513
3.6
% (y-o-y)
$157,250
13.9
% (y-o-y)
10.2%
18.6
% (y-o-y)
Delray Beach
488
9.2
% (y-o-y)
$116,400
18.2
% (y-o-y)
14.1%
2.2
% (y-o-y)
Jupiter
292
4.9
% (y-o-y)
$277,500
4.7
% (y-o-y)
33.3%
24.9
% (y-o-y)
Stuart
236
0.8
% (y-o-y)
$131,150
0.9
% (y-o-y)
13.2%
15.4
% (y-o-y)
Deerfield Beach
219
4.4
% (y-o-y)
$84,000
13.5
% (y-o-y)
Data not available
Palm Beach Gardens
213
6.2
% (y-o-y)
$296,250
9.7
% (y-o-y)
43.1%
45.8
% (y-o-y)
Jensen Beach
100
20.5
% (y-o-y)
$160,000
0.0
% (y-o-y)
23.8%
9.4
% (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: 5.00%
Percentage of vacant homes: 23.16%