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

Market Performance Overview – Closed Sales

• Closed sales in September 2025 totaled 1,163, reflecting a 24.8% increase from the previous year.
• The median sale price was $615,000, staying the same year-over-year, while the average sale price increased by 6.1% to $1,064,661.
• The total dollar volume for closed sales reached $1.2 billion, up 32.4% from September 2024.
• The median percent of the original list price received was 93.4%, indicating a 0.7% decrease from the previous year.

Sales and Inventory Trends

• New pending sales increased by 18.2% year-over-year, totaling 1,230 in September 2025.
• New listings increased by 1.9% to 1,523, contributing to a total inventory of 5,576 active listings, which is a 2.8% increase from September 2024.
• The months supply of inventory was 5.0, up 2% from a year ago.

Time to Sale and Contract

• The median time to contract was 51 days, a significant increase of 21.4% from the previous year, while the median time to sale rose to 90 days, up 5.9%.
• These longer times suggest a slowing market, with potential implications for both buyer and seller strategies.

Cash Sales and Financing

• Cash sales of 507 in September 2025 were a 31% increase from September 2024.

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.