Greenacres home prices fall in October 2020

Medium realestate4

The median sale price of a home sold in October 2020 in Greenacres fell by $15,550 while total sales decreased by 26.7%, according to BlockShopper.com.

In October 2020, there were 66 homes sold, with a median sale price of $172,500 - a 8.3% decrease over the $188,050 median sale price for the same period of the previous year. There were 90 homes sold in Greenacres in October 2019.

The median sales tax in Greenacres for the most recent year with available data, 2018, was $1,703, approximately 1% of the median home sale price for October 2020.

The following table compares Greenacres to other Palm Beach County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Hypoluxo261936.8%$215,000$192,00012%
Boynton Beach19116118.6%$215,000$180,00019.4%
Haverhill34-25%$200,000$265,000-24.5%
Palm Springs2832-12.5%$186,000$121,20053.5%
West Boca39-66.7%$181,000$170,0006.5%
Greenacres6690-26.7%$172,500$188,050-8.3%
West Palm Beach (unincorporated)195213-8.5%$167,500$130,20028.6%
Delray Beach (unincorporated)25319231.8%$143,500$147,500-2.7%
South Bay13-66.7%$117,000$23,000408.7%
Uninc-33409/West Palm Beach South31200%$115,000$52,000121.2%
West Boynton5366.7%$115,000$108,0006.5%

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