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Is It a Good Time To Buy or Sell a House NOW in South Florida?

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2025, Blog, Buy Home, Buyers, Buying Home, Buying Tips, Draft, First Time Home Buyer, Home Buyer, Home Ownership, Homeowners, Housing Market, Market Trends, Palm Beach County, Real Estate, Real Estate Trends, Sell My Home, Sellers, Selling Home

The Million Dollar Question:

Is It a Good Time to Buy or Sell a House Now in South Florida?

Hey there, neighbors! If you’ve been anywhere near a conversation about real estate in Palm Beach County lately, you’ve probably felt it: that swirling mix of excitement, uncertainty, and a whole lot of questions. As real estate professionals living and breathing this market, the number one question we get is, “Is it a good time to buy or sell a house now? The Market tells us!

It feels like just yesterday that homes were selling before the “For Sale” sign was fully in the ground. Now, things are different. The frenzied pace of the pandemic market has given way to a new rhythm. But is it a buyer’s dance or a seller’s tune? The truth is, it’s a little bit of both.

🔷Table of Contents


🔷Why Palm Beach County Real Estate Is Always Worth Watching

Palm Beach County isn’t just a beautiful place to live—it’s a high-demand market. With stunning beaches, great schools, year-round sunshine, and a mix of luxury and family-friendly neighborhoods, people from all over the country and world are constantly moving in and out.

That demand means real estate here moves differently than in many other parts of the country. So even when the national headlines say the market is cooling, Palm Beach County may still be heating up.

Thinking about making a move NOW in Palm Beach County?

Whether you’re dreaming of sunny days in a new home or considering selling your current one, timing is everything in real estate. But is now the right time? We’re stepping into a more balanced market here now in June-July, 2025. It’s a market that requires a bit more thought, a bit more strategy, and a whole lot of local insight. 

So, grab a coffee, and let’s break down what’s really happening out there —based on real market data, local trends, and a dash of real-world insight from living and working right here in Palm Beach County.


🔷Snapshot of the Palm Beach County Real Estate Market

The Hard Numbers: Let’s look at the data, because numbers don’t lie. They paint a picture of a market in transition, moving away from the extreme seller’s advantage we saw previously.

Key Market Trends June 2025 Report With May 2025 Stats:

  • Median Sale Price (Single-Family Homes): Around $640,000 (down slightly to about -0.8% from last year). This shows a slight flattening or a marginal dip (about 1%) compared to this time last year, a significant change from the steep annual increases we had grown accustomed to.
  • Active Inventory: This is the big story. The number of homes for sale is up a whopping 25.1% year-over-year. For buyers, this means one magical word: choices.
  • Months of Supply: We’re now looking at approximately 5.8 months of inventory. A 6-month supply is widely considered a balanced market, so we are right on the cusp. This is a huge jump from the 1.7-month supply we saw during the peak frenzy.
  • Days on Market: Patience is a virtue again! Homes are taking a bit longer to sell, with a median of about 42 days to go under contract (faster than the national average) and 86 days to close. This gives everyone a little more breathing room.
  • Mortgage Rates: As of June 26, 2025, the average 30-year fixed mortgage rate is hovering around 6.77%. While this is a key factor in affordability, rates have stabilized and even slightly dipped from earlier highs, providing more predictability for buyers.

Translation: Prices are stable and still inching up, but buyers have a little more breathing room than they did during the red-hot market of 2021–2022.


🔷Is It a Good Time to SELL in Palm Beach County?

The Seller's Perspective: Strategy is Your New Superpower

If you’re thinking of selling, don’t let the word “balanced” scare you. Prices are still historically high, and there is plenty of money flowing into our beautiful county. However, the days of naming any price and expecting a bidding war are behind us.

What this means for you:

  • Price it Right, From the Start: This is more critical than ever. Overpricing your home can lead to it sitting on the market, which can ultimately result in a lower final sale price.
  • Condition is King: With more homes to choose from, buyers can afford to be picky. Fresh paint, minor repairs, and curb appeal have a massive ROI. A home that is truly move-in ready will capture attention first.
  • Be Prepared to Negotiate: A balanced market means a give-and-take. Be ready for offers that include requests for closing cost assistance or repairs. An experienced agent can help you navigate this and negotiate the best possible terms.

Why Now Might Be the Right Time to Sell:

  • Still a seller-friendly market: Low inventory keeps demand strong, especially for well-priced, move-in-ready homes.
  • Out-of-town buyers are active: Many are still relocating from colder climates or high-tax states.
  • Equity gains: If you bought your home 3–5+ years ago, you’ve likely built significant equity you can cash in on.

Things to Think About:

  • Buyers are cautious—homes that are overpriced or poorly presented may sit longer than you expect.
  • Prep work matters: Clean, updated, and staged homes are the ones that get top dollar and multiple offers.

Advice from our local experts:

The homes that are selling fast? They’re the ones that show well online and in person. Professional photos, de-cluttering, deep cleaning, organization, light staging, and minor upgrades can make a big difference.


🔷Is It a Good Time to BUY in Palm Beach County?

The Buyer's Perspective: Your Opportunity is Knocking

Been feeling sidelined for the past few years? Well, welcome back to the game! This is arguably the most opportune time for buyers in Palm Beach County that we’ve seen in a long while.

What this means for you:

  • You Have Leverage: The increase in inventory and days on market gives you negotiating power. You can take the time to find a home you truly love without the intense pressure of making a snap decision.
  • Inspect with Confidence: You are more likely to be able to secure a contract that includes an inspection contingency, giving you the peace of mind to do your due diligence.
  • The “Hyper-Local” Factor: Real estate is more local than ever. We’re seeing different trends from city to city. For instance, recent reports show Delray Beach has seen significant price jumps, while areas like Jupiter have cooled. This is where local expertise becomes invaluable to find hidden gems.

Reasons to Consider Buying Now:

  • More choices: With more homes hitting the market, buyers have better selection and less competition.
  • Negotiating power: Sellers are more open to offers, closing cost credits, and even price reductions.
  • Rental prices are high: If you’re renting in Palm Beach County, buying might actually save you money long term.
  • Florida tax benefits: No state income tax + homestead exemptions for primary residences = more financial perks.

Things to Consider:

  • Mortgage rates remain higher than recent years, so it’s important to shop lenders and explore rate buydown options.
  • Home insurance costs are rising in Florida—be sure to factor that into your monthly budget.

Advice from our local experts:

If you find a home you love in a great school district or near the beach, it’s likely to hold its value over time—even in slower markets.


🔷The Verdict: So, Is It a Good Time to BUY or SELL in Palm Beach County?

Here’s my honest take: Yes, it is a good time to buy or sell in Palm Beach County, but the reason it’s a good time has changed. It’s a good time for those who are ready to be strategic.

For Sellers:

  • Still a seller-friendly market: Low inventory keeps demand strong, especially for well-priced, move-in-ready homes. It’s a fantastic time to cash in on the significant equity you’ve gained, provided you are realistic about pricing and condition.
  • Out-of-town buyers are active: Many are still relocating from colder climates or high-tax states.
  • Equity gains: If you bought your home 3–5+ years ago, you’ve likely built significant equity you can cash in on.

Things to Think About:

  • Buyers are cautious —homes that are overpriced or poorly presented may sit longer than you expect.
  • Prep work matters: Clean, updated, and staged homes are the ones that get top dollar and multiple offers.

Advice from our local experts: The homes that are selling fast? They’re the ones that show well online and in person. Professional photos, light staging, and minor upgrades can make a big difference.

 

For Buyers:

  • It’s a welcome opportunity to enter the market with more choices, less pressure, and the ability to negotiate a fair deal.

Things to Think About:

  • Sellers are cautious —home prices have not dropped any significant amount in most neighborhoods, not as low as you would hope. 
  • Move-in Ready matters: Clean, updated, and staged homes are the ones that  sell quickly and get top dollar, plus multiple offers. Don’t expect the sellers to drop their prices for these homes.

The key to success in this new market is having a trusted guide. Whether you’re a buyer looking for a deal or a seller aiming for a top-dollar sale, the landscape is nuanced.

Thinking about making a move or just want to chat about your home’s current value? I’m here to help. Let’s navigate this exciting market together. Text or call Doug at 561-339-3299 now!


🔷Should You Wait to Buy or Sell in Palm Beach County?

Here’s the truth: trying to time the market perfectly is tough—even for the pros!

If you’re:

  • Ready to buy and can afford the home you want → it’s worth exploring now before rates or prices climb again.
  • Ready to sell and want to maximize equity → today’s still-solid prices and buyer activity make it a good time.

If you’re not quite ready yet, stay connected—we offer monthly market updates so you can make your move when the time is right for you.


🔷Final Thoughts

So, is now a good time to buy or sell a house in Palm Beach County?

In many cases—yes! The market has shifted from red-hot frenzy to a more thoughtful pace, giving both buyers and sellers opportunities to succeed.

And with the right guidance, timing, and preparation, your real estate goals are absolutely within reach.

Need Help Making the Right Move?

As local Palm Beach County real estate specialists, we’re here to help you navigate your next step with confidence — whether you’re buying your dream home, downsizing, or cashing in on years of equity.

Let’s talk about your goals: Book a FREE Consultation Today

Read the latest Palm Beach County Real Estate Market Report.

Or: Request a Custom Market Report for a City or Zip Code.

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🔷Featured Products for Home Buyers and Sellers

If you decide to make a purchase via our affiliate links, we may earn a commission, at no additional cost to you. 

Thee items below are practical, useful, relevant, and helpful tools while buying a house or preparing to sell your home.

FOR BUYERS:  Smart Starts for New Palm Beach County Homeowners

Moving into a new home? Here are a few Amazon favorites that make settling in easier, safer, and more stylish.

FOR SELLERS:  Prepping Your Home to Shine

Want to stand out in today’s market? These simple tools and upgrades help your home look its best online and in person. Boost your home’s appeal.


🔷Ready to Buy, Sell, or Rent A House?

Let’s Chat!

The Martin Group of Realtors®

LOCAL EXPERTISE • GLOBAL REACH

50+ years of experience as Realtors® and Custom Home Builders.

Helping you reach your real estate goals!

Doug Jason Martin Group Real Estate

Jason Martin & Doug Martin
Premier Brokers International

Jason Martin, PA
 Residential Realtor® Agent
561-624-4544
Email Me

Doug Martin
 Broker Realtor® Emeritus
561-339-3299
Email Me

Schedule a FREE Consultation


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About the Author

Martin Group

Local Expertise Global Reach

The Martin Group of Realtors® serve along the SE coast of Florida in the communities of Palm Beach County at Premier Brokers International. Search Homes/Condos For Sale, & Find Rentals.
Call or Text 561-339-1779.

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