Palm Beach County Monthly Market Snapshot

Palm Beach County’s single-family market saw momentum in October, with closed sales climbing 19.1% year-over-year at 1,253. Buyer engagement strengthened even as homes continued to take longer to sell, reflecting a market that is active yet more deliberate compared to earlier cycles.

The median sale price rose to $643,000, up 3.5% year-over-year . At the same time active listings increased 3.6% to 5,770 listings, and the county held a 5.1 months’ supply, indicating a market moving toward balance. Homes also took longer to move through the pipeline, with median time to sale rising to 93 days (up 6.9%) and median time to contract at 51 days (up 13.3%).

“Palm Beach County’s market continues to show resilience,” says Jonathan Lickstein, President of the Broward, Palm Beaches & St. Lucie Realtors®. “Rising sales paired with growing inventory tell us buyers are active again and have more options to choose from. Whether you’re entering the market or preparing to sell, partnering with a local Realtor® ensures you have a trusted professional guiding you through today’s more nuanced landscape.”