MEDIAN SALE PRICE
$233K
▼ 2.1% YoY
MEDIAN $/SF
$263
▲ 7.8% YoY
ACTIVE INVENTORY
63
for sale
SOLD VS. ORIGINAL ASK
92.3%
NEW94.7% of final list
DAYS TO CONTRACT
74
NEW108 to close
MARKET PULSE
0.19
Buyer's market
Price cuts (trailing 30d): 12 · 19.0% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
lake-park
BUYER'S ADVANTAGE
Today 0.19 · Palm Beach County 0.2
MARKET SUMMARY · 12 MONTHS
| Median sale price | $233K | |
| Median $/SF | $263 | |
| Median days on market | 136 | |
| Total sales (12mo) | 53 | |
| New listings (12mo) | 137 | |
| Sold ÷ original ask NEW | 92.3% | |
| Sold ÷ final list price NEW | 94.7% | |
| Sold below original ask NEW | 92% | |
| Median days to contract NEW | 74 | |
| Median days to close NEW | 108 | |
| How buyers paid NEW | 85% cash · 13% fin. · 2% n/d | |
| Months of supply | — | 14.3 |
| Sale-to-just-value ALL HOMES | — | 1.25× |
| Owner-occupied ALL HOMES | — | 60.1% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $2–5M | $2.5M | 2 | — | BUILDING |
| $1–2M | $1.49M | 3 | — | BUILDING |
| Under $1M | $245K | 4 | 4 | BALANCED |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW74
days, listing → contract
30
days, contract → closing
108
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 53 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW87%
cash share of disclosed sales
Financing reported on 98% of sales (52 of 53).
Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 53 closed sales of condos and townhomes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is condos and townhomes
60.1%
Owner-occupied (homestead)
1.25×
Sale-to-just-value ratio
40.2%
Homes sold, 10-yr
+0.0%
Appreciation YTD · $/SF COUNTY CLOSED SALES
Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.
TOP NBHDS · MEDIAN PRICE
| Kelsey City | $1.79M |
FASTEST SELLING · DOM
| Kelsey City | 139 |
NBHDS PERFORMANCE · $/SF
| Kelsey City | $983 |
RENTAL MARKET for-lease condos and townhomes · separate from the for-sale figures above
$7,123/mo
Median asking rent
38
Active rentals
10
New listings (30d)
90
Median days on market
CONDO BUILDINGS IN LAKE PARK
Most active buildings by for-sale inventory · all condo buildings in Lake Park → · A–Z directory →
Monthly market report for Lake Park → · Palm Beach County market →
FREQUENTLY ASKED · LAKE PARK
How much do condos and townhomes cost in Lake Park?
The median sale price in Lake Park is $233K over the trailing 90 days, and the median list price is $1,449,000.
Is Lake Park a buyer's or seller's market?
Lake Park is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.19; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in Lake Park?
There are 63 active for-sale listings of condos and townhomes in Lake Park as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in Lake Park?
Condos and townhomes in Lake Park spend a median of 136 days on market.
What is the price per square foot in Lake Park?
The median list price per square foot in Lake Park is $263.
What share of Lake Park homes are owner-occupied?
About 60.1% of homes in Lake Park are owner-occupied (homestead), per public property records.
How often do homes sell in Lake Park?
About 40.2% of homes in Lake Park have changed hands over the past decade — roughly 4.0% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Lake Park?
Homeownership in Lake Park skews long-term: only about 40% of homes had a qualified sale in the past decade, so roughly 60% of owners have held 10+ years, per public deed records.
Are condo and townhome prices in Lake Park rising or falling?
The median sale price in Lake Park is $233K, down 2.1% year over year and the median price per square foot is up 7.8%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Lake Park have?
Lake Park has about 14.3 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W45.