Monthly Market Summary - August 2021 Single-Family Homes Palm Beach County August 2021
August 2020
Percent Change Year-over-Year
1,624
1,814
-10.5%
661
534
23.8%
Median Sale Price
$480,000
$399,000
20.3%
Average Sale Price
$808,345
$650,286
24.3%
$1.3 Billion
$1.2 Billion
11.3%
Med. Pct. of Orig. List Price Received
100.0%
96.1%
4.1%
Median Time to Contract
11 Days
35 Days
-68.6%
Median Time to Sale
57 Days
79 Days
-27.8%
New Pending Sales
1,671
1,826
-8.5%
New Listings
1,706
1,892
-9.8%
Pending Inventory
2,617
2,926
-10.6%
Inventory (Active Listings)
2,369
4,227
-44.0%
Months Supply of Inventory
1.4
3.0
-53.3%
Closed Sales Paid in Cash
Dollar Volume
2,500
2017
2018
2019
2020
2021
Closed Sales
2,000 1,500 1,000 500 0 J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
Median Sale Price
$600K $500K $400K $300K $200K $100K
Inventory
$0K 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Monthly Distressed Market - August 2021 Single-Family Homes Palm Beach County
Closed Sales
August 2021
August 2020
Percent Change Year-over-Year
1,610
1,785
-9.8%
$483,000
$400,000
20.8%
7
23
-69.6%
$375,000
$333,750
12.4%
7
6
16.7%
$256,000
$262,375
-2.4%
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2017
2018
Traditional
2019
Foreclosure/REO
2020
2021
Short Sale
100%
90%
Closed Sales
80% 70% 60% 50% 40% 30% 20% 10% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
$600K
Median Sale Price
$500K
$400K
$300K
$200K
$100K
$0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.