South Florida
Palm Beach, FL
Single-Family Homes
Real Estate Market Reports
Palm Beach, FL
Fri May 09 2025
This week the median list price for Palm Beach, FL is $14,995,000 with the market action index hovering around 23. This is about the same as last month's market action index of 23. Inventory has decreased to 91.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $14,995,000 | |
| Median Price of New Listings | $12,350,000 | |
| Per Square Foot | $3,587 | |
| Average Days on Market | 177 | |
| Median Days on Market | 112 | |
| Price Decreased | 43% | |
| Price Increased | 4% | |
| Relisted | 9% | |
| Inventory | 91 | |
| Median Rent | ||
| Market Action | 23 | |
| Slight Buyer's Advantage | ||
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $39,375,000 | 7,159 | 0.5 - 1 acre | 6 | 7.5 | 30 | 0 | 0 | 154 |
| $21,500,000 | 5,349 | 0.25 - 0.5 acre | 5 | 6.5 | 28 | 1 | 0 | 112 |
| $12,850,000 | 4,001 | 0.25 - 0.5 acre | 4 | 5 | 58 | 0 | 0 | 154 |
| $7,990,000 | 2,756 | 8,000 - 10,000 sqft | 4 | 3.5 | 73 | 1 | 1 | 84 |