Lake Worth’s August BeachesMLS readings put the median closed house near $560K and the median condo or townhouse near $200K. Houses that sold that month typically went under contract in about 28 days, with sale-to-final-ask ratios often around the mid-to-high 90s percent of the final list. Condos and townhouses ran a bit longer — about 42 days — and closer to the mid-90s.
Those citywide figures are starting points, not substitutes for tightly localized comps. Housing stock, renovation scope, site utility, and flood or elevation factors still separate otherwise similar dwellings — and a closing from a neighboring Palm Beach County city is not an automatic substitute for a Lake Worth sale of similar size.
That same local evidence is what carries weight in a divorce appraisal, a date-of-death / estate valuation, or a pre-listing opinion of value that has to hold up under attorney and fiduciary review. For attorneys, fiduciaries, and property owners, defensible conclusions rest on Lake Worth comps and conditions, not broad Palm Beach averages.
