The Latest South Palm Beach County Real Estate Insider For You

In July 2023, median prices for single-family homes in Palm Beach County remained unchanged year-over-year at $600,000. Meanwhile, existing condo median prices experienced an 8.3% year-over-year increase, rising from $290,777 to $315,000.

Traditionally, a market displaying less than a 6-month supply tends to witness price appreciation. In Palm Beach County, single-family homes and existing condos have supply levels of 2.9 and 3.6 months, respectively.

South Florida's price appreciation continues to outpace the national trend. This region remains a seller's market, especially for single-family homes priced below $600,000, which are typically sold within two weeks.

Local home prices in South Florida have surged due to an influx of wealth migration. Analysis of 2020-2021 migration data from the Internal Revenue Service reveals that in-migration contributed a staggering $16 billion to South Florida's household income in 2021.

Breaking it down further, new households relocating to Miami-Dade in 2021 reported an average adjusted gross income of $229,300. In Broward County, new households boasted an average adjusted gross income of $102,600, while in Palm Beach County, incoming households had an average adjusted gross income of $242,200.

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Guns N’ Roses @ Hard Rock

September 15 @ 8PM

Ultimate 70’s Soul @ Boca Black Box

September 15 @ 8-10PM

Latin Groove Project @ Arts Garage

September 15 @ 8:30-11:30PM

Afterimage @ Crazy Uncle Mike’s

September 15 @ 9PM

A Tribute To Asbury Park @ Funky Biscuit

September 16 @ 7PM

Comedian Dale Elliott Jr. @ Coral Springs for the Arts

September 16 @ 7PM

Lemon City Trio @ Funky Biscuit

September 16 @ 7-9PM

FAU Men’s Soccer vs Tulsa @ FAU

September 16 @ 7:30PM

Comedian Brittany Brave @ Boca Black Box

September 16 @ 8-10PM

Yacht Rock Returns @ Art Garage

September 16 @ 8:30-11:30PM

Fat Spliffs @ Crazy Uncle Mike’s

September 17 @ 12-4PM

90’s Bingo & Brunch @ Crazy Uncle Mike’s

September 17 @ 3:30PM

FROPRO Foundation’s Inaugural Pickleball Tournament @ Delray Beach Tennis Center

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