Market Report for Palm Beach Gardens – 2015 Q1

Palm Beach Gardens
Palm Beach Gardens’s real estate market showed an increase in total inventory this quarter when compared to the previous quarter. There were a total of 423 closings this quarter, and March was the most active month with 190 closings for a $ 75.5M dollar value. Closings in Palm Beach Gardens decreased in Q1 compared to last quarter. In addition, closings this quarter were higher in comparison to the same time last year. January saw the most houses put on the market with 193 new listings listed. Overall, listings increased this quarter in comparison to last quarter and are up from the same time last year.

Below is a table of statistics analyzing changes in the Palm Beach Gardens real estate market, and also some graphs of the data points over time.

This Quarter vs. Last quarter vs. Last Year
Total Inventory 1,071 9% 982 —- 1,081
New Listings 517 24% 416 1% 511
Avg List  $ 444.7k -5%  $  469.4k -13%  $  512.8k
Closings 423 -2% 435 3% 409
Avg Closing  $ 410.3k 4%  $ 394.5k -11%  $ 461.8k
Avg DOM 120 2% 118 -12% 137
$/sq. ft  $ 158.43 1%  $ 155.33 -5%  $ 167.45

 

Palm Beach Gardens 2015 Q1 Market Report

 

Palm Beach Gardens 2015 Market Report - $/sq. ft.

%d bloggers like this: