West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,900
    3% ( $5,100 ) vs Sep 2013
  • Median Sales Price
    $145,000
    1% ( $2,000 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $115,000
    13% ( $12,950 ) vs Sep 2013
  • Foreclosures 8,494
    Homes for Sale 1,259
    Recently Sold 10,140

Market Summary

There are currently 8,494 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 1,259.

In October, the number of properties that received a foreclosure filing in West Palm Beach, FL was 30% lower than the previous month and 42% lower than the same time last year.

Home sales for September 2014 were down 1% compared with the previous month, and down 7% compared with a year ago. The median sales price of a non-distressed home was $145,000. The median sales price of a foreclosure home was $115,000, or 21% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$115,000 (Median Foreclosure Sales Price) $102,050 (Median Foreclosure Sales Price) $97,000 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $103,650 (Median Foreclosure Sales Price) $100,800 (Median Foreclosure Sales Price) $145,000 (Median Sales Price) $143,000 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median Sales Price) $137,410 (Median Sales Price) $129,000 (Median Sales Price) $115,000 (Median Foreclosure Sales Price) $102,050 (Median Foreclosure Sales Price) $97,000 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $103,650 (Median Foreclosure Sales Price) $100,800 (Median Foreclosure Sales Price) $145,000 (Median Sales Price) $143,000 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median Sales Price) $137,410 (Median Sales Price) $129,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
966
10.9
% (y-o-y)
$165,000
10.0
% (y-o-y)
23.8%
31.8
% (y-o-y)
Boca Raton
561
14.4
% (y-o-y)
$260,000
8.3
% (y-o-y)
15.1%
27.1
% (y-o-y)
Lake Worth
473
14.2
% (y-o-y)
$140,000
28.0
% (y-o-y)
10.9%
8.5
% (y-o-y)
Delray Beach
459
7.2
% (y-o-y)
$122,250
34.3
% (y-o-y)
Data not available
Boynton Beach
375
17.8
% (y-o-y)
$177,600
7.0
% (y-o-y)
24.3%
28.1
% (y-o-y)
Jupiter
223
3.0
% (y-o-y)
$289,450
3.4
% (y-o-y)
22.3%
35.2
% (y-o-y)
Stuart
186
9.4
% (y-o-y)
$144,500
6.3
% (y-o-y)
33.2%
18.6
% (y-o-y)
Palm Beach Gardens
183
9.0
% (y-o-y)
$293,200
12.8
% (y-o-y)
45.4%
39.0
% (y-o-y)
Deerfield Beach
147
15.5
% (y-o-y)
$128,500
5.4
% (y-o-y)
2.6%
3.5
% (y-o-y)
Jensen Beach
77
14.9
% (y-o-y)
$184,300
31.6
% (y-o-y)
7.9%
8.9
% (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: 5.50%
Percentage of vacant homes: 23.16%