dgagmin

#217 Response

The median sales price for homes in West Palm Beach FL for Sep 12 to Nov 12 was $110,000. This represents an increase of 27.6%, or $23,800, compared to the prior quarter and an increase of 37.5% compared to the prior year. Sales prices have depreciated 45.9% over the last 5 years in West Palm Beach. The average listing price for West Palm Beach homes for sale on Trulia was $401,941 for the week ending Dec 26, which represents an increase of 6.1%, or $23,177, compared to the prior week and an increase of 2.3%, or $8,963, compared to the week ending Dec 05. Average price per square foot for West Palm Beach FL was $1,288, an increase of 999.9% compared to the same period last year. Popular neighborhoods in West Palm Beach include Century Village, Downtown, Water Catchment Area, Southside, Villages of Palm Beach Lakes, and Golden Lakes.

Now: 8.6%, 12M: 9.6%
Avg cost 3 bed: 287,084
Avg rent $1205
Taxes avg 2% of sales price
Avg days on market is less than 60 days presently depending, 12 months ago it was over a year.

Gary Leopard
35 years of real estate investing.