NORTH END

Single Family Homes

Palm Beach’s North End, located north of Wells Road, is celebrated for quiet seclusion. Thanks to zoning laws that prohibit condos and commercial properties in this area, many residents enjoy private beachfront and lake trail access.

Q4 Summary: Single Family Homes: North End

Transaction volume was down -62% YOY for the fourth quarter of 2022.

Total sales value was down -48%, largely driven by a -61% decline in non-waterfront sales value.

PPSF: Home Size was up +42% in Q4 YOY. Additionally, PPSF: Lot Size increased +40% YOY driven by a single large waterfront transaction on the North End.

Most Recent North End Sales

Single Family Homes Transactions: North End

2022 closed out the year with a total of 60 single family home transactions. This was -40% to -45% below the transaction volumes from 2020 and 2021, but on par with pre-2020 levels for the North End.

Single Family Homes Price Per Square Foot (PPSF)

PPSF: Home Size is up +46% YOY, with waterfront up +33% YOY ($5,045 to $6,694) and non-waterfront up +62% YOY ($2,103 to $3,398).

Single Family Homes Total Sales Value

Total sales value on the North End was just above $1B in 2022, with $600M generated from non-waterfront sales, and $400M from waterfront sales.

Single Family Home Average Sale Price ($)

Average sale price was up +31% YOY, with waterfront sales increasing +5% YOY, and non-waterfront seeing a big lift, up +51% YOY.