West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,900
    7% ( $15,100 ) vs May 2014
  • Median Sales Price
    $165,000
    10% ( $15,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $110,300
    5% ( $5,755 ) vs May 2014
  • Foreclosures 4,963
    Homes for Sale 2,470
    Recently Sold 3,554

Market Summary

There are currently 4,963 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 2,470.

In June, the number of properties that received a foreclosure filing in West Palm Beach, FL was 14% lower than the previous month and 27% lower than the same time last year.

Home sales for May 2015 were up 98% compared with the previous month, and down 31% compared with a year ago. The median sales price of a non-distressed home was $165,000. The median sales price of a foreclosure home was $110,300, or 33% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$110,300 (Median Foreclosure Sales Price) $116,055 (Median Foreclosure Sales Price) $118,900 (Median Foreclosure Sales Price) $116,950 (Median Foreclosure Sales Price) $113,200 (Median Foreclosure Sales Price) $112,000 (Median Foreclosure Sales Price) $165,000 (Median Sales Price) $150,000 (Median Sales Price) $136,500 (Median Sales Price) $141,000 (Median Sales Price) $144,000 (Median Sales Price) $145,000 (Median Sales Price) $110,300 (Median Foreclosure Sales Price) $116,055 (Median Foreclosure Sales Price) $118,900 (Median Foreclosure Sales Price) $116,950 (Median Foreclosure Sales Price) $113,200 (Median Foreclosure Sales Price) $112,000 (Median Foreclosure Sales Price) $165,000 (Median Sales Price) $150,000 (Median Sales Price) $136,500 (Median Sales Price) $141,000 (Median Sales Price) $144,000 (Median Sales Price) $145,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
772
25.6
% (y-o-y)
$169,750
19.1
% (y-o-y)
29.3%
20.7
% (y-o-y)
Boca Raton
464
35.6
% (y-o-y)
$269,000
1.5
% (y-o-y)
26.7%
17.0
% (y-o-y)
Lake Worth
401
32.7
% (y-o-y)
$150,000
20.0
% (y-o-y)
23.3%
15.0
% (y-o-y)
Boynton Beach
309
39.5
% (y-o-y)
$169,000
7.0
% (y-o-y)
20.1%
10.6
% (y-o-y)
Delray Beach
309
36.6
% (y-o-y)
$135,000
15.9
% (y-o-y)
26.1%
14.1
% (y-o-y)
Jupiter
182
37.0
% (y-o-y)
$329,000
18.7
% (y-o-y)
35.3%
33.3
% (y-o-y)
Palm Beach Gardens
172
18.5
% (y-o-y)
$309,950
4.2
% (y-o-y)
39.2%
43.3
% (y-o-y)
Deerfield Beach
130
40.6
% (y-o-y)
$110,000
31.0
% (y-o-y)
29.3%
18.8
% (y-o-y)
Palm Beach
67
23.9
% (y-o-y)
$557,500
1.4
% (y-o-y)
54.8%
6.6
% (y-o-y)
Loxahatchee
65
5.8
% (y-o-y)
$301,500
25.7
% (y-o-y)
34.3%
29.1
% (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: 4.80%
Percentage of vacant homes: 23.16%