# Patch Reef Estates public market snapshot Snapshot baked: 2026-10-31T19:39:37Z. MLS source completed: 2026-10-31T19:39:37Z. County source completed: 2026-10-30T21:58:25Z. ## What the numbers say Patch Reef Estates has 3 homes listed for sale and 0 under contract as of Oct 31, 2026 3:39 PM ET, against 5 closed sales in the last 12 months across 118 homes on the county roll. At 7.2 months of inventory, Patch Reef Estates is a market leaning toward buyers: buyers have room to negotiate on price and terms. Closed sales over the last 12 months ranged from $2.65M to $6.60M, with a median of $5.25M and $827 per living square foot (under air). Active listings ask a median $12.00M at $1,477 per living square foot. That asking level sits 79% above what actually closed per square foot, a gap buyers can negotiate against. Sellers who closed accepted a median 90% of their final list price, after a median 67 days on the market. 88.1% of homes carry a Florida homestead exemption, so owners are mostly full-time residents. 1 home closed in the last 90 days, in line with the 12-month pace of about 1.2 per quarter. Current listings by price: 0 under $2M, 1 $2M to $5M, 2 $5M and up. The most recent closing was 4475 NW 24th Terrace at $2.65M on 2026-10-02. The county appraiser's median market value for a home here is $2.61M, a tax-roll figure that typically trails what homes actually sell for. HOA fees on current listings are $1,300 per month. Figures refresh every hour from BeachesMLS via CoreLogic Trestle (IDX) and the Palm Beach County Property Appraiser; the tables below list every home for sale, under contract and sold in the last 12 months. ## Questions and answers **What is the median home sale price in Patch Reef Estates?** The median closed sale in Patch Reef Estates over the last 12 months, counting homes at every price, is $5.25M across 5 sales, or $827 per living square foot, as of Oct 31, 2026 3:39 PM ET. **How many homes are for sale in Patch Reef Estates right now?** 3 homes are listed for sale and 0 are under contract as of Oct 31, 2026 3:39 PM ET, asking $3.29M to $14.00M. **Is Patch Reef Estates a buyer's or seller's market?** Patch Reef Estates has 7.2 months of inventory counting homes at every price (3 active listings against about 0.42 sales per month), which makes it a market leaning toward buyers. **How long do homes take to sell in Patch Reef Estates?** Homes that closed in the last 12 months spent a median 67 days on the market; current listings have been up a median 16 days. **What are the HOA fees in Patch Reef Estates?** HOA fees on current listings are $1,300 per month. Confirm current fees with the association. **What are homes in Patch Reef Estates worth?** The Palm Beach County Property Appraiser's median market value for a home in Patch Reef Estates is $2.61M (the county roll covers the whole community); the median closed sale over the last 12 months, counting homes at every price, is $5.25M. Call David Cohen at 561.922.3878 for a pricing read on a specific home. **How many homes are in Patch Reef Estates?** The Palm Beach County Property Appraiser roll lists 118 homes in Patch Reef Estates. 88.1% carry a Florida homestead exemption. **Where does this Patch Reef Estates market data come from?** From BeachesMLS via CoreLogic Trestle (IDX) and the Palm Beach County Property Appraiser, joined by parcel and rebuilt every hour. Last updated Oct 31, 2026 3:39 PM ET. Download the full snapshot at https://bocaraton.fl.estate/patch-reef-estates/data.json. Statistics count every home sold or listed at every price. The site's $1,000,000+ view is a filter; stats_1m repeats the numbers for those homes only. County assessed/market values and historical county sales are not listing prices. ## Snapshot statistics ```json { "hoa": { "n": 3, "min": 1300.0, "max": 1300.0, "uniform": true }, "active": { "n": 3, "avg_price": 9765000.0, "median_price": 12000000.0, "min_price": 3295000.0, "max_price": 14000000.0, "avg_dom": 59.0, "median_dom": 16, "avg_ppsf": 1477.06, "median_ppsf": 1477.06, "avg_sqft": 8982.5, "median_sqft": 8982.5, "avg_sale_to_list": null, "median_sale_to_list": null }, "pending": { "n": 0, "avg_price": null, "median_price": null, "min_price": null, "max_price": null, "avg_dom": null, "median_dom": null, "avg_ppsf": null, "median_ppsf": null, "avg_sqft": null, "median_sqft": null, "avg_sale_to_list": null, "median_sale_to_list": null }, "sold_90d": { "n": 1, "avg_price": 2650000.0, "median_price": 2650000.0, "min_price": 2650000.0, "max_price": 2650000.0, "avg_dom": 223.0, "median_dom": 223, "avg_ppsf": 660.85, "median_ppsf": 660.85, "avg_sqft": 4010.0, "median_sqft": 4010.0, "avg_sale_to_list": 0.86, "median_sale_to_list": 0.86 }, "sold_180d": { "n": 2, "avg_price": 4625000.0, "median_price": 4625000.0, "min_price": 2650000.0, "max_price": 6600000.0, "avg_dom": 145.0, "median_dom": 145.0, "avg_ppsf": 748.1, "median_ppsf": 748.1, "avg_sqft": 5955.5, "median_sqft": 5955.5, "avg_sale_to_list": 0.87, "median_sale_to_list": 0.87 }, "sold_12m": { "n": 5, "avg_price": 4600000.0, "median_price": 5250000.0, "min_price": 2650000.0, "max_price": 6600000.0, "avg_dom": 87.2, "median_dom": 67, "avg_ppsf": 811.96, "median_ppsf": 826.95, "avg_sqft": 5607.8, "median_sqft": 4835.0, "avg_sale_to_list": 0.91, "median_sale_to_list": 0.9 }, "sold_24m": { "n": 10, "avg_price": 3727500.0, "median_price": 2950000.0, "min_price": 2000000.0, "max_price": 6600000.0, "avg_dom": 84.9, "median_dom": 82.0, "avg_ppsf": 749.06, "median_ppsf": 691.36, "avg_sqft": 5088.78, "median_sqft": 4763.0, "avg_sale_to_list": 0.91, "median_sale_to_list": 0.9 }, "sold_36m": { "n": 16, "avg_price": 3440125.0, "median_price": 2932500.0, "min_price": 2000000.0, "max_price": 6600000.0, "avg_dom": 94.25, "median_dom": 82.0, "avg_ppsf": 672.72, "median_ppsf": 650.85, "avg_sqft": 5209.27, "median_sqft": 4835.0, "avg_sale_to_list": 0.92, "median_sale_to_list": 0.91 }, "absorption": { "sold_12m": 5, "per_month": 0.42, "months_of_inventory": 7.2, "absorption_pct": 4.24 }, "new_construction": { "active": { "n": 2, "avg_price": 13000000.0, "median_price": 13000000.0, "min_price": 12000000.0, "max_price": 14000000.0, "avg_dom": 8.0, "median_dom": 8.0, "avg_ppsf": 1477.06, "median_ppsf": 1477.06, "avg_sqft": 8982.5, "median_sqft": 8982.5, "avg_sale_to_list": null, "median_sale_to_list": null }, "sold_12m": { "n": 0, "avg_price": null, "median_price": null, "min_price": null, "max_price": null, "avg_dom": null, "median_dom": null, "avg_ppsf": null, "median_ppsf": null, "avg_sqft": null, "median_sqft": null, "avg_sale_to_list": null, "median_sale_to_list": null } }, "county": { "dwellings": 118, "median_market_value": 2611336.0, "avg_market_value": 2737940.0, "homestead_pct": 88.1, "county_sales_on_roll": 82 } } ``` Not an official community website. Equal Housing Opportunity. Sources: BeachesMLS via CoreLogic Trestle and Palm Beach County Property Appraiser.