Home > Blogs > Frank Verna > Frank Verna - Jupiter & Palm Beach Gardens Florida Real Estate

Palm Beach Gardens Real Estate Market Conditions Report

By Frank Verna

Real Estate Broker/Owner with Frank Realty 602495

December 10, 2007 11:46 AM

********
Subject: Palm Beach Gardens Real Estate Market Conditions

Body: Palm Beach Gardens Real Estate

We here at the Frank Verna, PA continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Palm Beach Gardens real estate statistics from December 1st through December 9th. The following includes information for Palm Beach Gardens, Abacoa, Evergreene, Frenchman's Creek and surrounding communities.

New homes on the market: 70
Total homes on the market: 458
Number of homes entering escrow: 11
Number of homes closing escrow (sold): 21
Number of homes expiring: 53
Avg Days on Market: 139

Statistics: 458 Listings

Include: All Properties Only Selected Properties

70 New Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	5	5,105	$3,595,000	$883	14
Low	1	1	0	$119,500	$104	1
Average	3	3	2,195	$654,159	$264	6
Median	3	2	1,955	$489,450	$229	6

155 Active Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	6	6,992	$3,195,000	$7,071	710
Low	0	0	70	$129,000	$96	13
Average	3	2	2,022	$463,549	$255	95
Median	3	2	1,847	$350,000	$192	53

84 Price Change Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	5	5,173	$3,200,000	$619	669
Low	1	1	799	$59,900	$38	12
Average	3	2	1,974	$464,832	$209	150
Median	3	2	1,663	$294,000	$191	98

21 Back On Market Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	5	6,185	$2,495,000	$403	642
Low	2	2	1,000	$129,500	$106	32
Average	3	3	2,237	$523,724	$201	252
Median	3	2	1,634	$279,000	$197	206

5 Contingency Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	5	3,800	$779,000	$205	362
Low	3	2	1,360	$175,000	$108	101
Average	4	3	2,288	$385,380	$156	191
Median	3	2	2,025	$285,000	$141	146

6 Temp Off Market Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	4	4,528	$1,499,000	$331	722
Low	2	2	1,400	$195,000	$139	41
Average	4	3	2,760	$739,317	$248	250
Median	4	3	2,630	$644,000	$239	115

6 Pending Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	4	5	5,845	$2,495,000	$427	212
Low	3	2	1,555	$284,000	$164	44
Average	3	3	2,496	$717,300	$236	115
Median	3	2	1,827	$387,450	$199	111

53 Expired Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	6	6	7,275	$3,500,000	$490	847
Low	1	1	0	$129,900	$124	13
Average	3	3	2,259	$573,959	$222	273
Median	3	2	1,848	$374,900	$202	205

3 Withdrawn Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	4	4	4,149	$1,495,000	$360	333
Low	3	2	2,261	$399,000	$158	75
Average	4	3	3,100	$783,667	$232	204
Median	4	3	2,889	$457,000	$176	205

34 Cancelled Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	5	6	7,483	$3,695,000	$744	515
Low	1	1	502	$125,000	$140	0
Average	3	3	2,203	$638,406	$254	180
Median	3	2	1,816	$404,500	$212	151

21 Sold Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	6	7	6,343	$3,495,000	$551	$2,607,000	$413	100%	270
Low	2	2	1,152	$167,900	$112	$165,000	$107	74%	45
Average	3	3	2,779	$812,339	$239	$691,281	$208	89%	139
Median	3	2	1,940	$329,000	$188	$285,000	$174	92%	142

458 Total Listings
	Beds	Baths	SqFt	LP	LP/SqFt	SP	SP/SqFt	SP/LP	DOM
High	6	7	7,483	$3,695,000	$7,071	$2,607,000	$413	100%	847
Low	0	0	0	$59,900	$38	$165,000	$107	74%	0
Average	3	2	2,151	$545,606	$239	$691,281	$208	89%	132
Median	3	2	1,848	$359,000	$200	$285,000	$174	92%	77

Search Criteria
Status	NEW , PND , EXP , WTH , CAN , SLD , ACT , PCH , BOM , CTG , TMP
City	Palm Beach Gardens
Status Change Date	between 12/1/2007 - 12/9/2007

For a FREE Quick Over the Net Home Evaluation of your Palm Beach Gardens home or condo, please visit:
FREEQuickHomeValue.com for a no cost, obligation, no presuure response.

If you need to sell quickly, learn how to Sell Your Palm Beach Gardens Home in 69 Days or Less Guaranteed! If I don't sell your home in 69 days, at a price agreeable to you, I'll pay your mortgage payments until it sells.

If you would like a free list of homes for sale in Palm Beach Gardens and would like more information about the City of Palm Beach Gardens or would like to be the first to know about hot new listings in Palm Beach Gardens before other buyers do, then give me a call at:

Frank Verna
Frank Verna, PA
561-283-9969
http://www.frankverna.com/
********

Like

0