Palm Beach Gardens home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Palm Beach Gardens rose by $41,500 while total sales increased by 22.8%, according to BlockShopper.com.

In October 2020, there were 178 homes sold, with a median sale price of $384,500 - a 12.1% increase over the $343,000 median sale price for the same period of the previous year. There were 145 homes sold in Palm Beach Gardens in October 2019.

The median sales tax in Palm Beach Gardens for the most recent year with available data, 2018, was $4,281, approximately 1.1% of the median home sale price for October 2020.

The following table compares Palm Beach Gardens 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)
Juno Beach2412100%$472,500$300,00057.5%
Boca Raton21818219.8%$452,750$380,00019.1%
Tequesta251566.7%$435,000$273,00059.3%
Wellington15413117.6%$411,500$362,00013.7%
Jupiter17813333.8%$400,000$322,00024.2%
Palm Beach Gardens17814522.8%$384,500$343,00012.1%
Loxahatchee (unincorporated)3234-5.9%$373,500$350,5006.6%
Palm Beach Shores6450%$363,650$308,00018.1%
South Palm Beach13785.7%$340,000$362,500-6.2%
Boca Raton (unincorporated)30523629.2%$313,000$278,00012.6%
Boca Del Mar CDP474211.9%$313,000$297,5005.2%

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