33467
West Palm Beach, Florida

The 33467 market shows cooling momentum with a median sale price of $473,500, down 5.3% year-over-year. Homes are averaging 90 days on market, well above the typical 30-45 day benchmark for balanced Florida markets. Only 7% of transactions close above asking price, indicating buyers hold negotiating leverage. This represents a marked shift from the compressed inventory conditions that characterized the previous two years in Palm Beach County submarkets.

Price-sensitive buyers gain material advantage in this environment, with extended DOM creating space for due diligence and below-ask offers. The 5.3% price decline translates to approximately $26,500 in reduced entry costs compared to last year's peak. Investors seeking cash-flowing rentals should model conservative appreciation assumptions, as the current trajectory favors income generation over near-term equity gains. Sellers face headwinds and must price competitively within the first 30 days to avoid the 90-day DOM trap.

The PropIQ score of 55 signals neutral-to-bearish conditions requiring vigilance on inventory accumulation and absorption rates. Further price compression appears likely if DOM extends beyond 100 days or if active listings increase 15% quarter-over-quarter. Monitor employment data from Palm Beach County's major employers and mortgage rate movements above 7%, either of which could accelerate the downward price trajectory established in this dataset.