Market Reports: The Ultimate Real Estate Guide for Palm Beach County, Florida 2025
This page is the ULTIMATE Guide to the Palm Beach County Market Reports: See monthly housing trends, sold prices, home values, active listings, and neighborhood data to guide your next buying, selling, or investing in real estate.
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Curious if now’s a good time to sell—or if prices are rising in your area? Each month, we break down the latest real estate stats so you can make confident decisions, whether you’re buying, selling, or staying put. Stay updated with our monthly Market Reports!
Staying up-to-date on Florida’s real estate market trends is essential for making informed decisions when buying, selling, or investing. The market’s unique seasonal shifts, driven by factors like weather, taxes, and out-of-state buyers, can significantly impact property values and availability.
Market Reports: The Ultimate Real Estate Guide For Palm Beach County, Florida 2025
Palm Beach County Market Snapshot Report
Released September 23, 2025 Market Report with August, 2025 Stats
How these reports are made: The BeachesMLS compares the stats from the previous year of a specific month with the same month this year. The reports are released about the 3rd week of the each month – after having the total stats for the previous month.
The Palm Beach County Housing Market remained stable in August. Single Family Homes: Closed sales remained virtually unchanged from one year ago rising only 0.9% from 1,174 to 1,185 closed sales. This reflects buyer hesitancy despite a larger pool of active listings to choose from. The median sales price is down -4.8% from $613,250 to $644,500.
Single Family Homes:
The median days to contract is up 31.4% from 35 to 46 days, so homes are taking longer to sell despite more inventory. The number of active listings increased 16.0% from 5,159 to 5,986. And the months supply of inventory for Single Family Homes increased 22.0% from 4.5 months to 5.5 months supply of inventory.
Condo Townhomes Villas:
Closed sales in Palm Beach County were down -12.4% from 880 to 771. The Median Sales price in Palm Beach County for Condos/Townhomes was down -6.1% from $320,000 to $300,500. Median Days to Contract increased from 48 days to 70 days. The number of active listings rose 14.5% from 6,331 to 7,249. Months supply of inventory increased 32.9% from 7.0 months to 9.3 months of inventory.
“We’re seeing greater flexibility for buyers in Palm Beach County,” says President of the Broward, Palm Beaches & St. Lucie Realtors® Jonathan Lickstein. “Inventory is rising, timelines are stretching, and pricing remains stable. It’s a market that rewards preparation, and that’s where working with a local Realtor® makes all the difference.”
Video of Housing Market Report September 23, 2025
For 5 Coastal Counties In Southeast Florida
Update Released September 23, 2025 with August, 2025 Stats
Video by BeachesMLS and Realtors® Association of the Palm Beaches
Understanding these trends helps you time your transactions for maximum advantage—whether buying in the off-season for better prices or selling during peak demand. Having the knowledge of real estate market dynamics empowers you to make strategic, well-timed moves that can lead to financial success.
For investors, being aware of the latest trends enables you to identify profitable opportunities, from vacation rentals to long-term properties.
Text or call The Martin Group at 561-339-3299 or Email us and schedule a FREE Consultation.
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Single Family Homes Market Report
Palm Beach County, Florida
Released September 23, 2025 with August, 2025 Stats
The above table provides a detailed analysis of the Florida residential real estate market for August 2025, highlighting key statistics and trends.
Market Performance Overview
- Closed sales in August 2025 totaled 21,798, reflecting a 3.9% decrease from the previous year.
- The median sale price was $410,000, a slight decline of 0.4% year-over-year, while the average sale price increased by 3.5% to $584,920.
- The total dollar volume for closed sales reached $12.8 billion, down 0.5% from August 2024.
- The median percent of the original list price received was 94.8%, indicating a 1.4% decrease from the previous year.
Sales and Inventory Trends
- Year-to-date closed sales reached 172,869, down 2.6% compared to the same period last year.
- New pending sales increased by 9.9% year-over-year, totaling 23,164 in August 2025.
- New listings fell by 7.7% to 27,763, contributing to a total inventory of 108,762 active listings, which is a 13.1% increase from August 2024.
- The months supply of inventory was 5.3, indicating a balanced market, as it is close to the benchmark of 5.5 months.
Time to Sale and Contract
- The median time to contract was 51 days, a significant increase of 30.8% from the previous year, while the median time to sale rose to 90 days, up 11.1%.
- These longer times suggest a slowing market, with potential implications for buyer and seller strategies.
Cash Sales and Financing
- Cash sales accounted for 27.1% of closed sales in August 2025, a slight increase from 26.2% in July 2025.
- Year-to-date cash sales decreased by 5.0%, indicating a potential shift in buyer financing preferences.
Distressed Sales
- Traditional sales comprised the majority at 21,595, down 4.0% from the previous year, with a median sale price of $410,000.
- Foreclosure/REO sales remained stable at 151, with a slight increase in median price, while short sales saw a significant drop in both volume and price.
Market Insights and Economic Notes
- The document emphasizes that closed sales are a critical indicator of market health, and year-over-year comparisons provide a clearer picture than month-to-month changes.
- The increase in pending sales suggests potential future growth in closed sales, although not all pending transactions will close successfully.
- The rise in inventory, coupled with a decrease in new listings, indicates a potential shift in market dynamics, possibly favoring buyers in the near term.
Conclusion
The Florida real estate market in August 2025 shows signs of slowing activity, with declines in closed sales and new listings, while inventory levels rise.
The increase in time to contract and sale suggests a more cautious market environment, with cash sales remaining a significant factor.
Overall, the data reflects a complex interplay of buyer and seller behaviors, influenced by economic conditions and market expectations.
Condos Townhouses Market Report
Palm Beach County, Florida
Released September 23, 2025 with August, 2025 Stats
The above table provides a detailed analysis of the real estate market in Palm Beach County for August 2025, highlighting trends in sales, prices, and inventory.
Market Performance Overview
- Closed sales in August 2025 totaled 820, reflecting a year-over-year decrease of 4.4%.
- The year-to-date closed sales reached 6,631, down 8.8% compared to the previous year.
- The median sale price for August 2025 was $285,000, a decline of 9.5% from August 2024, while the average sale price decreased by 2.3% to $424,191.
- The dollar volume of sales was $347.8 million, marking a 6.6% decrease from the previous year.
- The median percent of the original list price received was 90.3%, down 2.7% year-over-year.
Sales and Inventory Trends
- New pending sales increased by 6.0% year-over-year, totaling 868 in August 2025.
- New listings fell by 14.1% to 1,265, contributing to a year-to-date total of 12,804, which is down 6.5%.
- Active inventory at the end of August 2025 was 6,959, a 10.7% increase from the previous year, indicating a growing supply of homes.
- The months’ supply of inventory stood at 9.0, reflecting a 26.8% increase year-over-year, suggesting a shift towards a buyer’s market.
Time on Market
- The median time to contract was 74 days, a significant increase of 45.1% compared to the previous year.
- The median time to sale rose to 112 days, up 28.7% year-over-year, indicating longer selling periods for properties.
Cash Sales and Financing
- Cash sales accounted for 90.3% of closed sales in August 2025, a slight decrease from 92.8% in August 2024.
- Year-to-date cash sales totaled 4,024, down 9.6% from the previous year, reflecting a trend of increased reliance on financing among buyers.
Price Analysis
- The median sale price for townhouses and condos in August 2025 was $285,000, while the average sale price was $424,191.
- Year-to-date, the median sale price is $315,000, down 3.1% from the previous year.
- The average sale price has shown more volatility, with a year-to-date average of $562,073, reflecting a 7.0% decrease.
Distressed Sales
- Traditional sales accounted for the majority of closed transactions, with 815 sales in August 2025, down 4.6% from the previous year.
- Foreclosure sales saw a slight increase, with 5 transactions reported, while short sales remained nonexistent.
Market Insights
- The data indicates a cooling market, with declining sales and prices, alongside increasing inventory levels.
- The longer time on market and higher months’ supply suggest that buyers have more options and negotiating power.
- The high percentage of cash sales indicates continued investor interest, although the overall market dynamics are shifting.
Conclusion The Palm Beach County real estate market in August 2025 reflects significant changes, with declining sales and prices, increased inventory, and longer selling times. These trends suggest a transition towards a more balanced market, favoring buyers, while cash sales remain a strong component of the market activity.
Thinking about buying, or selling real estate in 2025?
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Video Of Housing Market Report for Whole State of Florida
Released September 23, 2025 With August, 2025 Stats
Video by Florida Realtors® Association
Mortgage Rates Drop, Buyers Surge
Florida’s housing market saw a major positive shift in August 2025: New pending sales rose significantly, thanks to falling mortgage rates. See Why Florida Interest Rates Matter Now
Freddie Mac Mortgage Rates
September 19, 2025 the 30 Year Average Mortgage Rate was 6.26%.
Chart is based on a 30Y FRM = 30 Year Fixed Rate Mortgage
Lowest Mortgage Rate was 2.65% on Jan 6, 2021
Highest Mortgage Rate was 18.63% on October 8, 1981
To view the latest update on mortgage rates, plus see 30 year chart,
go to: Freddie Mac Primary Mortgage Market Rates.
Palm Beach Gardens, Florida Market Report
Released September 23, 2025 with August, 2025 Stats
This is an Updated Example of a City Market Report
Palm Beach Gardens, Florida Market Action Index
Slight Seller's Market
The graph above compares rate of sales versus inventory. This week the median list price for Palm Beach Gardens, FL is up $20,000 to $1,195,000 with the market action index hovering around 30. This is up slightly from last month’s market action index of 27. Inventory has decreased to 385, down from last month. Source: Michael Lewis Marketing and Altos Research.
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