We Love West Palm Beach and All that it has too Offer
If you are interested in learning more about Real Estate for sale in West Palm Beach area, you have come to the right place. Here at New Harbor Realty we have a long history of helping clients purchase and sell homes and condominiums in the West Palm Beach area.
Real Estate Prices in West Palm Beach
As you may see from our graph for December 2018, the number of real estate listings in West Palm Beach were relatively steady throughout the year with the median list price at approximately $250,000.
Conversely, list prices and median sales prices bounced around during the year. The average contract price to list price ended up around 92% -93%.
Looking at the summary of statistics for 2018, we see that average sales prices were up 6.32 % for 2018 compared to 2017.
It also shows median list prices up 13.59% by the end of the year.
History of West Palm Beach Real Estate
For customers who reside up north or in Europe or South America and are looking for a point of reference to begin their search in South Florida, We often suggest either Boca Raton or West Palm Beach. (West Palm Beach is the oldest incorporated municipality in Florida, beating out Miami by two years.)
As we begin to explore the many neighborhoods of West Palm Beach, you will get a feel for the great nostalgia of this wonderful city.
Timeline of West Palm Beach
The area that became West Palm Beach was settled in the late 1870s and 1880s by a few hundred settlers who called the area, “Lake Worth Country.” These settlers created a diverse community comprised of rugged individualists from all over the United States and the World.
The population of West Palm Beach quadrupled in the 1920’s with all kinds of businesses and public services growing. Then, after World War II, and improvements to modern day air conditioning, many soldiers who had been stationed here loved it so much, they began looking for affordable places to live.
Real Estate Expansion Continues Today
Here is a video Marc did 6 years ago. It highlights some of the more popular communities in West Palm Beach. It is interesting to see where homes prices were at that time compared to now. Obviously a good sign of a place to invest.
During the 1950’s, many of the mansions on the Isle of Palm Beach were built. Many of these are the mansions that are still here today that make for that enjoyable site seeing tour along A1A. Sort of like Newport Rhode Island’s row of mansions, a tour of the island of Palm Beach which gives you a feel for the big money and optimism that settled here back in the late 1950’s and 1960’s.
Also in the 1960s, Palm Beach County’s first enclosed shopping mall; the Palm Beach Mall was completed. Developments such as City Place and Clematis followed and remain vibrant today as attractions for full time residents, “snow birds” and tourists from all over the world continue.
Real Estate Expansion continues Today…
With the expansion of everything in Florida in the 1990’s and after, West Palm Beach continued its growth to the west, with numerous award winning communities. This area boasts everything from historic homes, to modern gated communities to sprawling countryside homes on tracts of one acre lots or more.
Other Communities that We Write About
The list of great communities in our area is quite large. Through the years we have blogged or made a video or bought and sold in just about all of them. Please visit our “Communities that We Write About” page for more blog comments, info and video.
Fun Things To Do in West Palm Beach
As we mentioned two fun places to go in West Palm Beach are City Place which is a downtown outdoor mall complete with live music, shopping and many night clubs and restaurants and Clematis an area just next door covering a span of a few blocks filled with more fun.
Kravis Center Tickets – The Kravis Center is a great venue to go to in downtown West Palm Beach. This theater features a wide range of attractions from live bands to ballet to Sesame Street theater for the kids.
Lion Country Safari – Also we have a little Park known as Lion Country Safari. You can take the tour inside your car and see all of the animals up close. They even have an animal petting zoo where you can stand on a 20 foot platform and pet tall giraffes. Also, a playground and a water slide area for the kids.
Palm Beach Zoo – The Palm Beach Zoo is open 363 days a year (364 on leap years!), closing only for Christmas & Thanksgiving. Bring your group to the wildest place in town! With 1,400 exotic and endangered animals and 23 acres of beautiful tropical plants the Palm Beach Zoo is a delightful and educational outdoor classroom.
Cruzan Amphitheater Tickets – Located near Wellington in West Palm Beach off of Southern Blvd, this amphitheater also offers excellent concerts from time to time. See link for current ticket prices.
The City of West Palm Beach (Official site)