2024 Q1 Market Report Palm Beach and Martin Counties

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Florida’s East Coast Snapshot

Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade, Broward and Palm Beach County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval, Nassau, Flagler and St. Johns County.

Average Sales Price | Single-Family Homes

$3,500,000

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$0

Average Sales Price | Condominiums

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade, Broward and Palm Beach County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval, Nassau, Flagler and St. Johns County.

Miami-Dade Broward Palm Beach Martin Indian River Brevard Flagler St. Johns Clay Duval Nassau
Miami-Dade Broward Palm Beach Martin Indian River Brevard Flagler St. Johns Clay Duval Nassau

Palm Beach County

SALES ACCELERATE

Transaction volume increased by 17% from the prior year. During the first quarter, Palm Beach County had the highest number of single-family home sales in Southeast Florida.

2,044

Palm Beach County

SALES INCREASE

Sales increased by 13% from a year ago. Palm Beach County’s average price is the second-most expensive in the region.

CONDOMINIUMS

Martin County

REDUCED DAYS ON MARKET

Homes are selling faster with the average days on the market decreasing by 15% from a year ago. Sales volume declined by 5% even as activity strengthened across most of the region.

NEIGHBORHOOD SNAPSHOTS

SINGLE-FAMILY

Martin County

PRICE PER SQUARE FOOT SOFTENS

The median price per square foot declined by 5% from one year ago, the steepest decline among all counties in Southeast Florida.

NEIGHBORHOOD SNAPSHOTS

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2024 Q1 Market Report Palm Beach and Martin Counties by Nadine Fite, Palm Beach County Realtor - Issuu