Market Insights for Palm Beach New Construction Homes

As of 04-10-2024

For Sale

  • Active For Sale12
  • Average Price$36,996,417
  • Average Price / Sqft$4,288
  • Average Days on Market206
  • Largest Price Reduction$9,060,000
  • Largest Price Increase$0

Pending Sales

  • Pending For Sale1
  • Average Price$187,500,000
  • Average Price / Sqft$8,759
  • Average Days on Market134
  • Largest Price Reduction$0
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)4
  • Average Price$15,216,250
  • Average Price / Sqft$2,994
  • Average Days on Market195
  • Largest Price Reduction$3,000,000
  • Largest Price Increase$-1,395,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
154 Atlantic Avenue
PROXIMITY PARK
$13,075,000 $14,950,000 $1,875,000 (-12.54%) 3,892 $3,359 4 / 4 / 1 2024-03-08
2291 Ibis Isle Road
IBIS ISLE
$12,500,000 $13,895,000 $1,395,000 (-10.04%) 4,345 $2,877 4 / 4 / 1 2024-02-26
1080 S Ocean Boulevard
BOULEVARD ESTATES
$21,800,000 $24,800,000 $3,000,000 (-12.1%) 8,722 $2,499 5 / 6 / 2 2024-02-02
244 Fairview Road
RAFALSKY MARK
$13,490,000 $15,900,000 $2,410,000 (-15.16%) 4,162 $3,241 3 / 4 / 1 2024-01-12

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
10 Tarpon Isle
EL BRAVO PARK
$187,500,000 $0 (0%) 21,406 $8,759 11 / 15 / 7 134

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
2315 Ibis Isle Road
IBIS ISLE
$28,850,000 $19,790,000 $9,060,000 (-31.4%) 4,316 $4,585 4 / 4 / 1 113
218 Everglade Avenue
OCEAN PARK H W ROBBINS
$15,900,000 $12,900,000 $3,000,000 (-18.87%) 3,524 $3,661 4 / 4 / 1 162
584 Island Drive
EVERGLADES ISLAND 3
$39,999,000 $34,500,000 $5,499,000 (-13.75%) 7,852 $4,394 6 / 7 / 1 83
130 Algoma Road
NONE
$22,000,000 $18,995,000 $3,005,000 (-13.66%) 6,288 $3,021 5 / 6 / 1 786