ANDRES JARA · REAL ESTATE

Lake Park Condo Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, Lake Park has 68 active listings at a median list price of $1.2M ($801 per sqft). 98 homes closed in the past 12 months at a median sold price of $383K, implying 8.3 months of supply.

Condos sold for a median 92.3% of their original asking price (94.7% of the final list price), went under contract in a median 74 days and closed in 108. 85% of buyers paid cash, 13% financed and 2% did not disclose.

Based on MLS closed sales. Data current as of November 15, 2026.

How fast condos sell

Condos here sold for a median 92.3% of their original asking price (94.7% of the final list price), went under contract in a median 74 days and closed in 108.

74 days
median, listing → contract
30 days
median, contract → closing
108 days
median, listing → closing
% of original ask92.3%
% of final list price94.7%

92% of condos (48 of 52) sold below their original asking price. Based on 53 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 52 buyers whose financing was recorded, 87% paid cash. Across all 53 sales of condos: 85% cash, 13% financed and 2% not disclosed.

Cash84.9%45 sales
Financed (mortgage or other loan)13.2%7 sales
Not disclosed1.9%1 sales
87%
cash share of disclosed sales
98%
of sales reported how the buyer paid

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. From the MLS financing field on 53 closed sales, Nov 2025 – Oct 2026.

For Sale in Lake Park

68 condos currently for sale · $129,000 – $3,850,000.

Lake ParkFor Sale68 for sale · $129,000 – $3,850,000
68
Homes for Sale
$129K
From
$3.9M
Up to
68
Active Listings
$1.2M
Median List Price
$801
Median $/SqFt
8.3
Months of Supply
$383K ▼ 5.8%
Median Sold (12mo)
98
Closed Sales
last 12 months
92.3%
Sold ÷ Original Ask
median, last 12 months
74
Days to Contract
median · 108 days to close
85%
Paid Cash
13% financed · 2% not disclosed

Lake Park closed sales, monthly

We track every closed sale in Lake Park — 98 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.

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Buyer’s Market8.3 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Trades at a 50% discount to the Palm Beach County average ($801 vs $1,611 per sqft, below market).

Median $/SqFt

Lake Park · 592 closed sales
Median price per square foot over time$419$285$1512020-112021-112022-112023-112024-112025-112026-11

Live market analytics for Lake Park →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose City field is “Lake Park” — the municipality as filed by the listing agent. Not a ZIP code, a radius, or a neighborhood polygon.
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=98 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.
Current figures
This page is a dated snapshot and is not restated. The continuously updated version is Lake Park market analytics, which divides by 12 complete calendar months rather than a rolling year, so its months of supply can differ by about 0.1 and its active count by a few listings.