West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $175,000
    0% ( $500 ) vs Feb 2013
  • Median Sales Price
    $125,000
    4% ( $5,000 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $92,000
    3% ( $3,000 ) vs Feb 2013
  • Foreclosures 11,088
    Homes for Sale 3,116
    Recently Sold 11,097

Market Summary

There are currently 11,088 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 3,116.

In March, the number of properties that received a foreclosure filing in West Palm Beach, FL was 24% lower than the previous month and 11% lower than the same time last year.

Home sales for February 2014 were down 12% compared with the previous month, and down 26% compared with a year ago. The median sales price of a non-distressed home was $125,000. The median sales price of a foreclosure home was $92,000, or 26% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$92,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $88,600 (Median Foreclosure Sales Price) $125,000 (Median Sales Price) $130,000 (Median Sales Price) $132,500 (Median Sales Price) $125,000 (Median Sales Price) $122,250 (Median Sales Price) $120,000 (Median Sales Price) $92,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $100,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $88,600 (Median Foreclosure Sales Price) $125,000 (Median Sales Price) $130,000 (Median Sales Price) $132,500 (Median Sales Price) $125,000 (Median Sales Price) $122,250 (Median Sales Price) $120,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
941
11.1
% (y-o-y)
$142,000
21.4
% (y-o-y)
22.5%
27.2
% (y-o-y)
Boca Raton
445
16.2
% (y-o-y)
$230,000
15.0
% (y-o-y)
9.4%
27.7
% (y-o-y)
Lake Worth
387
24.4
% (y-o-y)
$127,998
30.6
% (y-o-y)
14.1%
12.5
% (y-o-y)
Boynton Beach
308
28.0
% (y-o-y)
$165,000
26.9
% (y-o-y)
23.7%
26.9
% (y-o-y)
Delray Beach
303
21.3
% (y-o-y)
$127,000
22.1
% (y-o-y)
9.8%
13.0
% (y-o-y)
Jupiter
187
3.1
% (y-o-y)
$265,050
0.0
% (y-o-y)
24.5%
33.2
% (y-o-y)
Palm Beach Gardens
146
18.9
% (y-o-y)
$286,000
10.0
% (y-o-y)
41.5%
46.1
% (y-o-y)
Stuart
144
19.0
% (y-o-y)
$150,000
20.0
% (y-o-y)
26.7%
39.8
% (y-o-y)
Deerfield Beach
143
7.5
% (y-o-y)
$89,000
2.3
% (y-o-y)
Data not available
North Palm Beach
55
11.3
% (y-o-y)
$229,000
27.2
% (y-o-y)
38.8%
38.1
% (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: 6.50%
Percentage of vacant homes: 23.16%