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West Palm Beach is passing through a growing moment in foreclosure market. Nowadays, we have 237 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. West Palm Beach started September with 246 foreclosures available. October registered a fall to 225 homes, or -8.54%. The city had another down in November: -32.89%, leaving 151 properties in the market. Things got worse in December with a drop to 108 homes in foreclosure available (-28.48%). Opportunities went abundant for buyers last month, with a rise, when West Palm Beach registered 122 foreclosures, a 12.96% increase comparing to December.
As for the cost, West Palm Beach has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in West Palm Beach for $85,652, a value 49.84% below the US average price ($170,757), and a 4.00% increase compared to the prices of January in the city.