Northwood Real Estate and Homes For Sale
Northwood, like El Cid, Flamingo Park, and other prized neighborhoods with historical homes in West Palm Beach, was built around the 1920’s. The homes in this part of town, which sit on the upper boundaries of West Palm Beach to the north and the intracoastal to the east, are mostly built in the highly sought after Mediterranean revival style.
It is this architecture and the appointments of the unique properties that make Northwood such a desirable place to live. In addition to the interesting architecture, the neighborhood sits just north of downtown West Palm Beach, providing quick access to shopping and dining but not completely away from it all.
Northwood is also known for having its own share of trendy dining experiences and the local downtown area has undergone a revival in the past years. There are nearby art galleries, frequent wine tastings, and the allure of the waterfront that make this such a special place to call home.
Northwood Real Estate Trends
While not sharing the direct proximity to downtown West Palm Beach as competing neighborhoods El Cid and Flamingo Park, Northwood still fetches top dollar for its homes. There are usually a fair amount of homes on the market however, with the median list price around $425,000.
2018 Real Estate Statistics
(Information obtained from MLS) We are using the area in and around the Old Northwood Historic District (East of Broadway/US-1)
Number of Properties Sold: Seventy-three (73) Single-Family Homes
Total Volume Sold: $39,840,100.00
Median List Price: $650,769.00
Median Sales Price: $545,755.00
Sales vs. List Price: 93%
Median Living Sq Ft: 1,956 sq ft (under A/C)
Median Sold Price Per Sq Ft: $240.17 per sq ft
Median Days on market: 92 Days