The above table provides a detailed analysis of the residential single family real estate/ housing market in Palm Beach County, Florida for the November, 2025 Report with October 2025 Stats that highlights key statistics and trends.

Market Performance Overview – Closed Sales

• Closed sales in October 2025 totaled 1,253, reflecting a 19.1% increase from the previous year.
• The median sale price was $643,000, with a very slight increase the same year-over-year, while the average sale price increased by 11.6% to $1,165,745.
• The total dollar volume for closed sales reached $1.5 billion, up 32.9% from October 2024.
• The median percent of the original list price received was 93.5%, indicating a -0.5% decrease from the previous year.

Sales and Inventory Trends

• New pending sales increased by 29.3% year-over-year, totaling 1,223 in October 2025.
• New listings increased by 20.3% to 1,796, contributing to a total inventory of 5,770 active listings, which is a 3.6% increase from October 2024.
• The months supply of inventory was 5.1, up 2% from a year ago.

Time to Sale and Contract

• The median time to contract was 51 days, a significant increase of 13.3% from the previous year, while the median time to sale rose to 93 days, up 6.9%.
• These longer times suggest a slowing market, with potential favoring of buyers.

Cash Sales and Financing

• Cash sales of 510 in October 2025 were a 18.9% increase from October 2024.

Market Insights and Economic Notes

• The chart 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 increase in new listings, indicates a potential shift in market dynamics, favoring buyers in the near term.

Conclusion
The Florida real estate market in October 2025 showed signs of increasing activity, with increases in closed sales and slightly increasing 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.