Monthly Market Summary - August 2021 Townhouses and Condos Palm Beach County August 2021
August 2020
Percent Change Year-over-Year
1,448
1,200
20.7%
823
590
39.5%
Median Sale Price
$232,000
$215,000
7.9%
Average Sale Price
$357,724
$305,311
17.2%
$518.0 Million
$366.4 Million
41.4%
97.7%
94.8%
3.1%
Median Time to Contract
16 Days
44 Days
-63.6%
Median Time to Sale
60 Days
87 Days
-31.0%
New Pending Sales
1,499
1,269
18.1%
New Listings
1,514
1,635
-7.4%
Pending Inventory
2,367
2,064
14.7%
Inventory (Active Listings)
2,157
5,321
-59.5%
Months Supply of Inventory
1.5
5.2
-71.2%
Closed Sales Paid in Cash
Dollar Volume Med. Pct. of Orig. List Price Received
2,500
2017
2018
2019
2020
2021
Closed Sales
2,000 1,500 1,000 500 0 J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
Median Sale Price
$300K $250K $200K $150K $100K $50K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
8,000
Inventory
7,000
6,000 5,000
4,000 3,000 2,000 1,000 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Monthly Distressed Market - August 2021 Townhouses and Condos Palm Beach County
Closed Sales
August 2021
August 2020
Percent Change Year-over-Year
1,438
1,179
22.0%
$233,750
$218,000
7.2%
8
21
-61.9%
$104,525
$105,000
-0.5%
2
0
N/A
$143,500
(No Sales)
N/A
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2017
2018
Traditional
2019
Foreclosure/REO
2020
2021
Short Sale
100%
90%
Closed Sales
80% 70% 60% 50% 40% 30% 20% 10% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
$600K
Median Sale Price
$500K
$400K
$300K
$200K
$100K
$0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.