The median sale price of a home sold in October 2020 in Palm Beach Shores rose by $55,650 while total sales increased by 50%, according to BlockShopper.com.
In October 2020, there were six homes sold, with a median sale price of $363,650 - a 18.1% increase over the $308,000 median sale price for the same period of the previous year. There were four homes sold in Palm Beach Shores in October 2019.
The median sales tax in Palm Beach Shores for the most recent year with available data, 2018, was $5,673, approximately 1.6% of the median home sale price for October 2020.
The following table compares Palm Beach Shores to other Palm Beach County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Tequesta | 25 | 15 | 66.7% | $435,000 | $273,000 | 59.3% |
| Wellington | 154 | 131 | 17.6% | $411,500 | $362,000 | 13.7% |
| Jupiter | 178 | 133 | 33.8% | $400,000 | $322,000 | 24.2% |
| Palm Beach Gardens | 178 | 145 | 22.8% | $384,500 | $343,000 | 12.1% |
| Loxahatchee (unincorporated) | 32 | 34 | -5.9% | $373,500 | $350,500 | 6.6% |
| Palm Beach Shores | 6 | 4 | 50% | $363,650 | $308,000 | 18.1% |
| South Palm Beach | 13 | 7 | 85.7% | $340,000 | $362,500 | -6.2% |
| Boca Raton (unincorporated) | 305 | 236 | 29.2% | $313,000 | $278,000 | 12.6% |
| Boca Del Mar CDP | 47 | 42 | 11.9% | $313,000 | $297,500 | 5.2% |
| Boynton Beach (unincorporated) | 276 | 205 | 34.6% | $299,950 | $262,500 | 14.3% |
| Delray Beach | 193 | 151 | 27.8% | $290,000 | $250,000 | 16% |
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