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PALM BEACH FLORIDA AERIAL 2011Photo: Michael Kagdis · CC BY-SA 3.0
Housing in Palm Beach

373 homes sold in Palm Beach in the last year, at a typical $2.6M

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Palm Beach homes are listed.

Homes sold
373
June 2025 to May 2026
Typical sale price
$2.6M
houses $13.2M · condos $1.6M
Price per square foot
$1,521
Florida $250
Paid vs. asking
91.2%
5% sold over asking
For sale now
250
May 2026 · 56 sold that month
What sold · last 12 months

Two thirds of Palm Beach’s sales are condos, at $11.6M less than a house

95 houses and 261 condos sold in the year to May 2026. Condos sell faster.

Houses$13.2M

typical sale · 95 sold in 12 months

Per square foot
$3,124FL $245
Days to sell
138
Sold over asking
5%
Listings with a price cut
13%
Condos$1.6M

typical sale · 261 sold in 12 months

Per square foot
$1,011FL $262
Days to sell
127
Sold over asking
5%
Listings with a price cut
17%
Fewer sales

Townhouses: 17 sold, typical $8.8M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 3.1 times the 2016 price

373 sales in the last year, against 781 in 2021 and a low of 247 in 2024. The typical sale went from $858K in 2016 to $2.6M.

Homes soldTypical sale price
0200400600800$1.2M$1.9M$2.5M$3.2M2012: 384 sold, typical $620K’122013: 435 sold, typical $716K2014: 512 sold, typical $782K’142015: 581 sold, typical $829K2016: 432 sold, typical $858K’162017: 489 sold, typical $866K2018: 527 sold, typical $1M’182019: 451 sold, typical $1M2020: 624 sold, typical $1.9M’202021: 781 sold, typical $1.5M2022: 418 sold, typical $2.2M’222023: 281 sold, typical $2.4M2024: 247 sold, typical $2.6M’242025: 313 sold, typical $3MLast 12 months: 373 sold, typical $2.6MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $2M buys in Palm Beach

Houseat $3,124 a sq ft
Condoat $1,011 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Palm Beach homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Palm Beach are back to pre-pandemic levels, but 21% fewer homes come up for sale

We read every month of Palm Beach’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 373 sales.

If you’re buying in Palm Beach

  • Shop in October. It brings about 69 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
  • You can negotiate. 16% of listings have cut their price, against 12% before the pandemic.
  • Offer under asking. Buyers paid 91.2% of the list price on average; 5% paid over.
  • You’ll usually have time. Only 9% of homes go under contract within two weeks; the typical one takes 127 days.
Best time to buy

Winter brings the homes; summer brings the bidding wars

January has the most new listings (about 85 a month), but June is the most competitive: 7% of June sales close over asking. October and November offer nearly as much choice with fewer homes bid up (4%). September has the least competition (3%) but only about 48 new listings.

New listings a monthShare sold over asking
021.342.563.8857%13%20%Sweet spotJan: 85 new listings a month, 5% sold over asking, 111 days to sellJFeb: 70 new listings a month, 5% sold over asking, 120 days to sellFMar: 62 new listings a month, 5% sold over asking, 121 days to sellMApr: 54 new listings a month, 4% sold over asking, 113 days to sellAMay: 44 new listings a month, 5% sold over asking, 110 days to sellMJun: 42 new listings a month, 7% sold over asking, 125 days to sellJJul: 35 new listings a month, 4% sold over asking, 132 days to sellJAug: 38 new listings a month, 4% sold over asking, 137 days to sellASep: 48 new listings a month, 3% sold over asking, 155 days to sellSOct: 69 new listings a month, 4% sold over asking, 153 days to sellONov: 74 new listings a month, 4% sold over asking, 120 days to sellNDec: 62 new listings a month, 4% sold over asking, 149 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Florida as a whole

Palm Beach now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price5%3%9%10%
Gone within two weeksShare of homes under contract within 14 days9%4%13%20%
Listings with a price cutShare of homes for sale that cut their price16%12%10%28%
Price paid vs. askingAverage sale price ÷ list price91.2%90.8%94.6%96.3%
Days to sellMedian days from listing to contract1271509076
Supply

298 homes for sale on a typical day

That’s twice the 2022 low (150), 21% fewer than in 2017–19 and well under 2012’s 410.

2012: 410 for sale’122013: 354 for sale2014: 365 for sale2015: 354 for sale’152016: 345 for sale2017: 365 for sale2018: 383 for sale’182019: 381 for sale2020: 370 for sale2021: 163 for sale’212022: 150 for sale2023: 212 for sale2024: 277 for sale’242025: 323 for saleLast 12 months: 298 for saleNow
Room to negotiate

1 in 6 listings has cut its price

16% in the last year, against 12% in 2017–19 and 28% across Florida.

2015: 8%’152016: 12%2017: 12%2018: 12%’182019: 13%2020: 11%2021: 10%’212022: 12%2023: 14%2024: 16%’242025: 16%Last 12 months: 16%Now
Prices by type

Since 2019, houses are up 138%, condos 135%

A house typically sold for $13.2M in the last year (95 sales), a condo for $1.6M (261).

$3.9M$7.5M$11M$14.6M2013201520172019202120232025NowHouses 2013: $2.4M, 127 salesHouses 2014: $3.9M, 131 salesHouses 2015: $4.3M, 110 salesHouses 2016: $4.4M, 102 salesHouses 2017: $4.3M, 115 salesHouses 2018: $4.6M, 129 salesHouses 2019: $5.6M, 95 salesHouses 2020: $5.8M, 221 salesHouses 2021: $8.2M, 179 salesHouses 2022: $11.8M, 84 salesHouses 2023: $13.1M, 54 salesHouses 2024: $13.4M, 68 salesHouses 2025: $13.9M, 80 salesHouses last 12 months: $13.2M, 95 salesHouses $13.2MCondos 2013: $443K, 297 salesCondos 2014: $448K, 370 salesCondos 2015: $537K, 450 salesCondos 2016: $578K, 321 salesCondos 2017: $581K, 364 salesCondos 2018: $644K, 386 salesCondos 2019: $688K, 342 salesCondos 2020: $775K, 380 salesCondos 2021: $974K, 585 salesCondos 2022: $1.3M, 326 salesCondos 2023: $1.6M, 218 salesCondos 2024: $1.4M, 178 salesCondos 2025: $1.7M, 213 salesCondos last 12 months: $1.6M, 261 salesCondos $1.6M

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

Palm Beach ranks 409th of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Palm Beach is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Palm Beach

Five things worth knowing

85

New listings in January

The month with the most choice. July has the fewest, about 35.

Best time to buy
B+

Schools

The schools grade for Palm Beach, from test results, graduation and how much students grow.

Schools in Palm Beach
24 min

Typical commute

The average one-way trip to work for people who live in Palm Beach.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Westgate, Lake Clarke Shores, Mangonia Park, Haverhill, Lake Worth Beach and Palm Springs sell for less a square foot

The busier markets within 25 miles of Palm Beach, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lake Worth Beach452$422K$3298%88
Palm Beach373$2.6M$1,5215%127
Palm Springs230$299K$22510%86
Lake Clarke Shores69$673K$3623%94
Westgate34$409K$36024%62
Haverhill30$478K$28513%147
Mangonia Park22$342K$23918%128

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

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Questions about buying a home in Palm Beach

What do homes sell for in Palm Beach, FL?

373 homes sold in the year to May 2026 at a typical $2.6M, $1,521 a square foot. Houses sold for about $13.2M, condos for about $1.6M.

Is Palm Beach a buyer’s or seller’s market?

A balanced market: 250 homes were for sale in May 2026 and 56 sold, about 4.5 months of supply. Buyers paid 91.2% of asking on average, and 16% of listings cut their price.

When is the best time to buy in Palm Beach?

January brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Palm Beach?

Zillow, Redfin, Realtor.com and Homes.com all carry Palm Beach’s MLS listings; the search links above open each one filtered to Palm Beach.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).