Updated daily · as of September 7, 2026 · Lake Park, Palm Beach County, Florida
Lake Park price cuts and days on market: 51% of condominiums for sale have cut
As of September 7, 2026, 25 of the 49 condominiums for sale in Lake Park (51%) have reduced their asking price at least once. Single-family homes: 8 for sale in Lake Park, too few to report percentages (floor 30).
Conditions todayCondominiums: Cutting faster than similar-priced cities (51% cut versus 38.1% across 14 similar-priced cities (Palm Beach County 44.6%); 63.6% of 11 under contract never cut)Inside Lake Park, condominiums: widest cutting in the $1M and up band, 48.6% cut, median 79 days on market.Peer group, condominiums (median asking $600K and up: Coral Gables, Riviera Beach, Hillsboro Beach, Sunny Isles Beach, Singer Island, Surfside, Highland Beach, Bay Harbor Islands, Palm Beach, Key Biscayne, Juno Beach, Bal Harbour, Coconut Grove).How the read works: each city is compared with its peer group, the South Florida cities whose median asking price falls in the same tier (houses and condominiums separately; the peer figure is the median of those cities, so no single large city dominates). Firmer than similar-priced cities: price-cut share at least 3 points under the peer figure and at least 65% of under-contract listings (minimum 10) never cut. Cutting faster than similar-priced cities: 3 or more points over. Cutting at peer pace: in between. Where a tier has fewer than four cities the county is used instead and the label says so. Every read is relative: price cuts are under way in every one of these markets, and the cut share is shown beside each label. A read of today's listings, not a forecast.
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 7, 2026.
For buyers and sellers: 51% of the condominiums you compete with, or would bid on, have already come down once; the median cut is $100K, and the median condominium that cut has waited 79 days counting every relisting.
The story for media: "51% of condominiums for sale in Lake Park have reduced their asking price at least once, against 44.6% across Palm Beach County, according to PBP Real Estate's daily analysis of BeachesMLS listing data as of September 7, 2026."
Sparklines show the daily reading since 2026-09-05, up to the trailing 90 days. Buyer Hesitation Time is the median cumulative days on market; Seller Blink Rate is the share of active listings with at least one price reduction.
A home that is priced properly on day one sells in the first few weeks. One that is not gets cut, sits, or comes back on the market as a fresh listing. This page counts all three every morning for Lake Park, houses and condominiums separately, from our own MLS feed. Houses are counted but not read as percentages here: 8 for sale in Lake Park today, under our floor of 30. It is the number a seller should know before choosing an asking price, and the number a buyer should know before making an offer.
28.6% of Lake Park condominiums are fresh and holding their price; 12.2% are past 90 days and have never cut
- Fresh, no cut (60 days or less)
- Cut at least once
- Over 90 days, never cut
- Other (61 to 90 days, no cut)
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 7, 2026.
Every active listing falls into one of three states: fresh with no cut (on the market 60 days or less at its original price), cut at least once, or past 90 days and never cut. The first group is the market working; the second is the market correcting; the third is waiting for a buyer who has not come.
$1M and up condominiums have cut most often in Lake Park: 48.6% of 35
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 7, 2026. Bands under 10 listings are gray and not read at all.
Longer bars mean more of that band has had to come down; the days figure is the median true time on market for the whole band.
49% of Lake Park condominiums have waited more than 90 days
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 7, 2026.
Days on market as shown on portals resets each time a home is withdrawn and relisted; cumulative days on market does not. 10.2% of active condominiums carry a longer cumulative history than their current listing shows. The median condominium shows 77 days on its current listing and 79 days in truth.
| Cumulative days on market | Condominiums | Share |
|---|---|---|
| 30 days or less | 13 | 26.5% |
| 31 to 60 | 4 | 8.2% |
| 61 to 90 | 8 | 16.3% |
| 91 to 180 | 16 | 32.7% |
| More than 180 | 8 | 16.3% |
63.6% of Lake Park condominiums now under contract never reduced their asking price
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 7, 2026.
Of the 11 Lake Park condominiums now under contract, 36.4% cut their price before a buyer committed, by a median 18.4%; the median took 136 days in total. The remainder went under contract without ever reducing their asking price. That does not mean they sold for asking: the accepted offer can sit below the list price, and the final sale price is only known once the sale closes and is recorded in the MLS. What the data does show is that these sellers never had to lower their price to attract a committed buyer, which is the closest measure of priced properly available before closing.
Trend since tracking began
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 7, 2026.
What to do with this
Sellers
- Set the asking price against the 28.6% of Lake Park condominiums that are fresh and holding, not the 51% that have already come down.
- If a listing has passed 60 days without an offer, the data says the next move is a price decision, not another photo shoot.
- A withdrawn-and-relisted home still carries its full history in the MLS; buyers' agents see it.
Buyers
- Ask for the cumulative days on market, not the portal figure; in Lake Park they differ for 10.2% of condominiums.
- A listing past 90 days that has never cut (12.2% of condominiums) is where offers below asking are most often entertained.
- Homes in the $1M and up band have cut most often; expect competition to be thinner there.
Media writers
- Angle: Lake Park sellers are blinking faster than the county: 51% of condominiums cut versus 44.6% across Palm Beach County.
- Attribute to: PBP Real Estate analysis of BeachesMLS listing data, as of September 7, 2026. Method note at the foot of this page; figures refresh every morning.
More live Lake Park data
As of September 7, 2026. PBP Real Estate analysis of BeachesMLS listings.
For journalists: the Lake Park numbers, ready to run
Everything on this page as a news kit, rebuilt every morning: three headline options, an AP-style lede, a fact box with exact figures and periods, three quotable data points, the charts above as standalone images with captions and alt text, and the methodology. Free to reuse with attribution to PBP Real Estate analysis of BeachesMLS listing data. No form, no gate.
Headline options today
- 51.0% of Lake Park condominiums for sale have cut their asking price
- Lake Park sellers blink faster than the rest of Palm Beach County as 49.0% of condominiums pass 90 days on the market
- Buying in Lake Park? Half condominiums have already come down once, by a median $100K
Quotable
"51.0 percent of condominiums for sale in Lake Park have reduced their asking price at least once, by a median $100K."
Download
- Full press kit (zip, 762 KB): PDF, plain text, three PNG charts, captions and alt text
- Journalist package (PDF)
- Plain text, paste-ready
- Lake Park condominiums are cutting 6.3 points more often than Palm Beach County (PNG)
- 49.0% of Lake Park condominiums for sale have waited more than 90 days, counting every relisting (PNG)
- $1M and up Lake Park condominiums have cut most often: 48.6% of 35 (PNG)
Need a number or a licensed quote
Gia Freer, Broker of Record (Lic. BK689801) · 561-395-8418 · info@pbpre.com · same-day response Monday to Saturday. All city kits: pbprealestate.com/press.
Questions people actually ask
What share of Lake Park homes for sale have cut their price?
As of September 7, 2026, 51% of condominiums for sale in Lake Park (25 of 49) show an asking price below their original list price. 8 condos cut in the last 30 days. Single-family homes: 8 for sale in Lake Park, too few to report percentages (floor 30). Across Palm Beach County the shares are 44.6% for condominiums and 43.4% for houses. Source: BeachesMLS, listings permitted for internet display.
How big is a typical price cut in Lake Park?
The median reduction from original asking price among Lake Park condominiums that have cut is 8.3%, about $100K. These are medians across every reduced active listing, not a forecast for any one home.
What are true days on market, and why do they differ from days on market?
Days on market resets when a listing is withdrawn and relisted. Cumulative days on market counts the whole history. In Lake Park today the median condominium shows 77 days on its current listing but 79 days cumulatively; 10.2% of active condominiums have been relisted at least once.
Do Lake Park homes that go under contract usually cut first?
Of the 11 Lake Park condominiums currently under contract, 36.4% reduced their asking price before finding a buyer, with a median reduction of 18.4%; the median took 136 days. The rest went under contract without ever reducing their asking price. That is a statement about the list price, not the contract price: the accepted offer can sit below asking, and the final sale price is only known once the sale closes and is recorded in the MLS.
Are Lake Park sellers cutting more or less than similar-priced cities right now?
By PBP's disclosed rule, Lake Park condominiums read Cutting faster than similar-priced cities today: 51% cut versus 38.1% across 14 similar-priced cities (Palm Beach County 44.6%); 63.6% of 11 under contract never cut. Peer group for condominiums (median asking $600K and up: Coral Gables, Riviera Beach, Hillsboro Beach, Sunny Isles Beach, Singer Island, Surfside, Highland Beach, Bay Harbor Islands, Palm Beach, Key Biscayne, Juno Beach, Bal Harbour, Coconut Grove). Inside Lake Park, the widest cutting is in the $1M and up band: 48.6% cut, median 79 days on market.
How the read works: each city is compared with its peer group, the South Florida cities whose median asking price falls in the same tier (houses and condominiums separately; the peer figure is the median of those cities, so no single large city dominates). Firmer than similar-priced cities: price-cut share at least 3 points under the peer figure and at least 65% of under-contract listings (minimum 10) never cut. Cutting faster than similar-priced cities: 3 or more points over. Cutting at peer pace: in between. Where a tier has fewer than four cities the county is used instead and the label says so. Every read is relative: price cuts are under way in every one of these markets, and the cut share is shown beside each label. A read of today's listings, not a forecast.
How often is this page updated?
Every morning. The figures come from PBP Real Estate's own MLS data feed and are rebuilt daily at about 5:00 AM Eastern; this version is as of September 7, 2026. Closed-sale figures elsewhere on the site are pinned to the latest full month, but active-listing figures like these move every day.
For sellers
Pricing a home correctly is a skill. It starts with data most agents and consumers never see.
51% of the condos for sale in Lake Park have already had to cut, a median $100,000.
This page is built from every Lake Park listing in BeachesMLS and refreshed each morning. Gia Freer, Broker of Record, turns that same data into one written pricing opinion for your condo: the sales, cuts, fees and days on market it actually competes with, with the reasoning, before it goes live.
No website estimate, no automated number: a comparative market analysis done by hand, within one business day.
Selling a condo? Pricing correctly is a skill. Gia Freer prices yours from this data, fee included.
Price my condo correctlyMethod: counts and medians over active and under-contract listings in Lake Park and Palm Beach County permitted for internet display in PBP Real Estate's BeachesMLS data feed, snapshotted daily. A price cut means the current asking price is below the original list price; cumulative days on market counts every relisting. Houses are single-family residences; condominiums exclude townhouses and villas. Bands with fewer than 30 listings are marked; fewer than 10 are not read. A segment with fewer than 30 active listings is counted but not reported as percentages; a segment with 30 to 39 is reported and labeled a small sample. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. Equal Housing Opportunity.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated September 7, 2026.