January 2021: Palm Beach Gardens experienced a 11.4% increase in median home prices

Medium realestate5

The median sale price of a home sold in January 2021 in Palm Beach Gardens rose by $37,500 while total sales increased by 31.6%, according to BlockShopper.com.

In January 2021, there were 179 homes sold, with a median sale price of $367,500 - a 11.4% increase over the $330,000 median sale price for the same period of the previous year. There were 136 homes sold in Palm Beach Gardens in January 2020.

The median sales tax in Palm Beach Gardens for the most recent year with available data, 2018, was $4,281, approximately 1.2% of the median home sale price for January 2021.

The following table compares Palm Beach Gardens to other Palm Beach County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Juno Beach2412100%$405,000$470,000-13.8%
Palm Beach Gardens17913631.6%$367,500$330,00011.4%
North Palm Beach504025%$332,500$322,4503.1%
Uninc-33413/West Palm Beach Canal10-$325,000$0-
Riviera Beach977038.6%$315,000$181,95073.1%
Boca Raton (unincorporated)220233-5.6%$311,450$255,00022.1%

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