Prospect Park Market Data: What the Records Show

Market Reports

Prospect Park Market Data: What the Records Show

Nikko Karki
Nikko Karki October 28, 2026
Prospect Park's records read like a district mid conversion. Two years hold 49 recorded closings at a $2.4M median, across a spread from renovation projects to the $12.9M waterfront record. This page holds the district's working numbers, updated against the recorded ledger, for buyers and owners who want the figures without the narrative.
Recorded closings
49
Two years, charted below
Median price
$2.4M
Recorded closings
Median $ / SqFt
$1,001
Same window
Median market time
77 days
Same window

The Shape of the Market

The market is single family estates, almost exclusively. Lots run large for the city, the housing stock spans the 1920s through new construction, and the waterfront blocks trade in a different register from the interior ones. Median figures here blend those registers, which is why the spread matters more than the middle.

The Windows

The half year windows below carry the cadence. Counts come first, because medians inside thin windows mislead without them.

Prospect Park: the recorded windows
Recorded closings by six month window, November 2024 through October 2026

BeachesMLS recorded closings, board twins deduplicated.

Prospect Park by six month window
Recorded closings by six month window
← Scroll to see all columns →
WindowClosingsMedian$ / SqFt
Nov 2024 to Apr 202512$2.3M$1,006
May to Oct 202510$2.6M$1,003
Nov 2025 to Apr 202614$2.8M$1,118
May to Oct 202613$2.3M$970

BeachesMLS recorded closings, board twins deduplicated. Medians inside thin windows are directional.

What Trades Here

Three products move the numbers: original estates sold as renovation projects, finished family houses on the canopy blocks, and the waterfront trades that set records. The first group anchors the entry, the second carries the volume, and the third writes the headlines that pull the district's comps upward.

How to Read It

Read block before price. A median that mixes Flagler waterfront with interior projects describes neither, so every comparison should hold the block constant first. Market time at 77 days reflects the same mix, fast for finished houses and patient for projects priced ambitiously.

Bottom Line

Prospect Park's two year record holds 49 closings, a $2.4M median and a spread that is the district's real story. Use the windows for cadence, the segments for context and the block for judgment. The numbers refresh as the ledger does.

Reading Prospect Park's numbers: hold the block constant before comparing anything, because the district's median blends two different markets.

Every figure is a BeachesMLS recorded closing from November 2024 through October 2026. The scope is the Prospect Park and Southland Park subdivision records with City West Palm Beach, board twins deduplicated on address and price. Medians are used throughout.

BeachesMLS recorded closings via our licensed feed, pulled November 5, 2026.

Nikko Karki
Written by

Nikko Karki

Nikko Karki has worked in real estate for nearly two decades, beginning on the developer side at Related Group in West Palm Beach, then through private real estate investments and cross-border M&A across the U.S., Europe, and Southeast Asia. He holds an M.Sc. in economics from the Helsinki School of Economics. He built Palm Beach Luxury to make his analysis available to anyone in the market, for free.
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Frequently Asked Questions
The last two years recorded 49 closings, charted above in six month windows.
The recorded median ran $2.4M across two years, blending interior projects with waterfront estates.
A waterfront close at $12.9M. Waterfront blocks trade in their own register above the district median.
Homes take 77 days at the median, faster for finished houses and slower for ambitious projects.
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