West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $215,150
    3% ( $6,150 ) vs Mar 2014
  • Median Sales Price
    $136,500
    3% ( $4,500 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $118,900
    2% ( $1,950 ) vs Mar 2014
  • Foreclosures 5,862
    Homes for Sale 2,628
    Recently Sold 4,772

Market Summary

There are currently 5,862 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 2,628.

In April, the number of properties that received a foreclosure filing in West Palm Beach, FL was 34% higher than the previous month and 1% higher than the same time last year.

Home sales for March 2015 were down 75% compared with the previous month, and down 84% compared with a year ago. The median sales price of a non-distressed home was $136,500. The median sales price of a foreclosure home was $118,900, or 13% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$118,900 (Median Foreclosure Sales Price) $116,950 (Median Foreclosure 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) $136,500 (Median Sales Price) $141,000 (Median Sales Price) $144,000 (Median Sales Price) $145,000 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median 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) $121,700 (Median Foreclosure Sales Price) $117,150 (Median Foreclosure Sales Price) $136,500 (Median Sales Price) $141,000 (Median Sales Price) $144,000 (Median Sales Price) $145,000 (Median Sales Price) $145,000 (Median Sales Price) $140,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
495
50.0
% (y-o-y)
$150,000
8.7
% (y-o-y)
20.0%
19.2
% (y-o-y)
Lake Worth
193
60.7
% (y-o-y)
$137,166
11.5
% (y-o-y)
14.4%
13.8
% (y-o-y)
Boca Raton
188
71.0
% (y-o-y)
$235,000
1.1
% (y-o-y)
19.7%
8.9
% (y-o-y)
Boynton Beach
167
56.8
% (y-o-y)
$170,000
9.7
% (y-o-y)
29.9%
17.1
% (y-o-y)
Delray Beach
140
64.1
% (y-o-y)
$134,500
9.8
% (y-o-y)
7.5%
7.3
% (y-o-y)
Stuart
114
41.5
% (y-o-y)
$146,000
8.1
% (y-o-y)
33.5%
23.6
% (y-o-y)
Jupiter
97
54.9
% (y-o-y)
$280,565
3.9
% (y-o-y)
26.8%
27.2
% (y-o-y)
Palm Beach Gardens
76
57.8
% (y-o-y)
$299,000
9.1
% (y-o-y)
34.6%
42.1
% (y-o-y)
Deerfield Beach
72
61.3
% (y-o-y)
$110,000
33.4
% (y-o-y)
Data not available
Jensen Beach
32
60.5
% (y-o-y)
$162,250
4.7
% (y-o-y)
Data not available

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: 4.60%
Percentage of vacant homes: 23.16%