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July 24, 2007

West Palm Beach, FL Market Update for June 2007

Here are the latest real estate market statistics for West Palm Beach, FL area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 28.1%*

Average May 2007 June 2007 % Change
Asking Price $317,772 $323,988 2.0%
Sales Price $286,602 $293,964 2.6%
% of Asking Price 90% 91% 1.1%
$/SQFT $210 $205 -2.4%
Days on Market 131 145 10.7%
Total Transactions 192 172 -10.4%

Search for homes in West Palm Beach, FL.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 5,661 properties on the market with 1,589 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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