Real Estate Market Update for 33411 (West Palm Beach, FL)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 4% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 19%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 180-thousand dollars. The number of units sold decreased 37% year-over-year, and decreased 29% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 33411 (West Palm Beach, FL)
Area Information for 33411 (West Palm Beach, FL)
  • Population: 72,407
  • Median Age: 40.99 yr
  • Median Commute Time: 33 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,697/sq mi
  • Population Change Since 2000: 75.23%
  • Closest Airport: Palm Beach International
  • Closest College: South University-west Palm Beach
  • Closest Jr. College: Palm Beach Community College-lake Worth
  • Median Household Income: $64,773
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $197,000
  • Closest Major Sports Team: Jupiter Hammerheads (a)
  • Change Avg. Household Income Since 2000: 28.15%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33411 (West Palm Beach, FL)
Median Age: 40.99 Married: 43% Number of Households: 26,603 Households with Children: 8,328
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33411 (West Palm Beach, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Royal Palm Beach High School 1.2 mi Public 9-12 2 3
      Royal Palm Beach High Adult 1.2 mi Public 9-12 0 0
      Berean Christian School 1.9 mi Private PRESCHOOL-12 0 0
      Renaissance Charter School At Cypress 2.0 mi Public K-8 0 0
      Turning Points Academy 2.1 mi Public 6-12 0 0
      Benoist Farms Elementary School 2.2 mi Public PRESCHOOL-5 2 0
      Indian Ridge School 2.3 mi Public K-12 0 0
      The King's Academy 2.4 mi Private PRESCHOOL-12 0 0
      Crestwood Community Middle School 2.9 mi Public 6-8 2 0
      Cypress Trails Elementary School 3.0 mi Public K-5 4 0
      Royal Palm Beach Elementary School 3.0 mi Public K-5 4 0
      H. L. Johnson Elementary School 3.1 mi Public PRESCHOOL-5 4 0
      Ideal School 3.3 mi Private PRESCHOOL-8 0 0
      Western Academy Charter School 3.3 mi Public K-8 5 0
      Hooked On Learning 3.5 mi Private 3-12 0 0
      The Learning Foundation Of Florida 3.5 mi Private 3-12 0 0
      Grassy Waters Elementary School 3.8 mi Public PRESCHOOL-5 3 0
      Jeaga Middle School 3.8 mi Public 6-8 1 0
      Everglades Elementary School 4.0 mi Public K-5 4 0
      Western Pines Community Middle School 4.7 mi Public 6-8 4 0
      Golden Grove Elementary School 4.7 mi Public K-5 4 0
      Palm Beach Central Community High School Adult 5.2 mi Public 9-12 0 0
      Palm Beach Central High School 5.2 mi Public 9-12 4 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 33411 (West Palm Beach, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.