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LUXURY REPORT 2025 | YEAR END
IPRE.COM
Personalized Service Never Goes Out of Style.
$9.5B REAL ESTATE SERVICES
$7.5B TOTAL SALES VOLUME
$3.2B+ CLOSED LUX URY SALES
$375M COMMERCIAL SALES
19,706 TOTAL TRANSACTIONS
THE #1 INDEPENDENTLY OWNED BROKERAGE IN FLORIDA
THE #1 REAL ESTATE BROKER IN PALM BEACH AND MARTIN COUNTIES
NATIONALLY RANKED BROKERAGE BY RISMEDIA
#1 NETWORK IN LUXURY PROPERTIES SOLD WITH LUXURY PORTFOLIO INTERNATIONAL
Statistics, sales and transaction volume represent all Illustrated Properties Family of Companies for the 2024 calendar year.
A message from Mike Pappas
As South Florida’s luxury market continues to evolve, what stands out most is not volatility, but direction. We are clearly moving into a more balanced and intentional phase, one where long-term fundamentals are reasserting themselves and informed guidance carries greater weight. For homeowners, this environment rewards foresight. Pricing strength remains in place across our markets, but buyers are more deliberate and increasingly value alignment between price, quality, and location. Sellers who approach the market with a clear strategy and a willingness to meet today’s buyer expectations are best positioned to protect value and achieve favorable outcomes. Buyers are entering this next phase with confidence. With more choice and less urgency, buyers can focus on properties that deliver lifestyle, quality, and long-term appeal. This creates a number of opportunities, particularly for those working with advisors who can identify value, anticipate competition, and navigate negotiations with precision. For Realtors, the luxury market ahead will be defined by advisory leadership. This is not a market driven by speed, but by insight. Success will come to those who understand emerging trends, communicate clearly, and guide clients through increasingly nuanced decisions. The role of the Realtor as a trusted advisor has never been more critical.
CEO Illustrated Properties Mike Pappas
LUXURY REPORT
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SOUTH FLORIDA 2025 | YEAR END LUXURY REPORT
SOUTH FLORIDA REGIONAL MIAMI DADE | BROWARD | PALM BEACH | MARTIN | ST. LUCIE
South Florida closed the year with modest growth in its luxury single-family sector, as total sales increased 1.3% year-over-year to 15,572. Pricing continued to strengthen, with the average sales price rising 5.8% to $2.59 million and the median price edging up 1.3% to $1.6 million, while price per square foot climbed 1.6% to $730. The region’s luxury condo and townhome market told a more tempered story, with total transactions declining 4.3% year-over-year to 4,988, though pricing remained resilient. The average condo sales price rose 2.2% to $2.40 million and the median price increased 1.6% to $1.675 million, signaling continued demand despite softer activity. Overall, the year reflected a market adjusting to longer selling times and greater negotiation, with properties spending slightly more time on market and fewer sales occurring at original list price compared to the prior year. Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
15376
15572
▲1.3%
Average Sales Price
$2,447,634
$2,589,599
▲5.8%
Median Sales Price
$1,580,000
$1,600,000
▲1.3%
Average Square Footage
3,271
3,313
▲1.3%
Price Per Square Foot
$719
$730
▲1.6%
Average DOM
111
114
▲2.7%
Sales Sold at Original List Price
1472
1355
▼7.9%
Top Sale Price
$72,250,000
$97,500,000
▲34.9%
Total Sale Volume
$37,634,819,908
$40,325,242,858 ▲7.1%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025 4988
Number of Sales
5214
▼4.3%
Average Sales Price
$2,350,815
$2,401,437
▲2.2%
Median Sales Price
$1,649,000
$1,675,000
▲1.6%
Average Square Footage
2,293
2,332
▲1.7%
Price Per Square Foot
$995
$1,001
▲0.6%
Average DOM
139
137
▼1.3%
Sales Sold at Original List Price
535
403
▼24.7%
Top Sale Price
$48,000,000
$38,200,000
▼20.4%
Total Sale Volume
$12,257,151,158
$11,978,369,166 ▼2.3%
Top 5 States for Incoming Buyers NEW YORK | NEW JERSEY | OHIO | PENNSYLVANIA | ILLINOIS
LUXURY REPORT
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PALM BEACH COUNTY 2025 | YEAR END LUXURY REPORT
PALM BEACH COUNTY FLORIDA’S PLAYGROUND FOR THE WEALTHY
Palm Beach County closed the year with continued strength across its luxury residential market. Single- family sales rose 6.3% year-over-year to 3,740, while the average sales price climbed 7.5% to $3.03 million. The median sales price edged up 0.6% to $1.685 million, and price per square foot increased 2.5% to $743, reflecting steady appreciation in the county’s high-end home sector. The luxury condo and townhome market also posted gains, with total transactions rising 7.5% year-over-year to 1,078. Pricing saw even stronger momentum, as the average sales price jumped 12.1% to $2.53 million and the median price increased 10% to $1.85 million, underscoring sustained demand for luxury condominium living. Overall, the county’s luxury market demonstrated healthy activity and rising values, even as properties spent slightly longer on the market compared to the prior year. Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025 3740
3519
▲6.3%
Average Sales Price
$2,817,124
$3,027,769
▲7.5%
Median Sales Price
$1,675,000
$1,685,000
▲0.6%
Average Square Footage
3,611
3,607
▼0.1%
Price Per Square Foot
$725
$743
▲2.5%
Average DOM
86
83
▼3.7%
Sales Sold at Original List Price
301
360
▲19.6%
Top Sale Price
$51,250,000
$97,500,000
▲90.2%
Total Sale Volume
$9,913,458,621
$11,323,855,781
▲14.2%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
1003
1078
▲7.5%
Average Sales Price
$2,253,233
$2,525,815
▲12.1%
Median Sales Price
$1,681,875
$1,850,000
▲10.0%
Average Square Footage
2,308
2,416
▲4.7%
Price Per Square Foot
$953
$1,009
▲5.8%
Average DOM
83
93
▲12.0%
Sales Sold at Original List Price
156
198
▲26.9%
Top Sale Price
$27,988,425
$16,500,000
▼41.0%
Total Sale Volume
$2,259,992,962
$2,722,828,797 ▲20.5%
LUXURY REPORT
IPRE.COM
LISTED $5,995,000
BOCA RATON & DEL RAY BEACH 2025 | YEAR END LUXURY REPORT
BOCA RATON & DELRAY BEACH BEACH TOWN | GOLF | ENTERTAINMENT
Boca Raton truly has it all. Beaches and golf courses, fine hotels and wondrous art museums, jazz clubs and concerts at Mizner Park, the glittery Town Center at Boca Raton shopping mall with 220 upscale and elite specialty shops, and, elsewhere around town, countless family-owned boutiques. Delray Beach is a first-class resort destination and a diverse, vibrant community situated on the Atlantic Ocean. A small and intimate town with big-city sophistication, Delray Beach was voted Most Fun Small Town in America by USA Today.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
1390
1475
▲6.1%
Average Sales Price
$2,636,663
$2,737,993
▲3.8%
Median Sales Price
$1,800,000
$1,775,000
▼1.4%
Average Square Footage
3,771
3,734
▼1.0%
Price Per Square Foot
$662
$659
▼0.5%
Average DOM
82
69
▼16.1%
Sales Sold at Original List Price
141
148
▲5.0%
Top Sale Price
$40,000,000
$59,000,000
▲47.5%
Total Sale Volume
$3,664,962,015
$4,038,540,373 ▲10.2%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
373
471
▲26.3%
Average Sales Price
$2,258,492
$2,504,544
▲10.9%
Median Sales Price
$1,700,000
$1,901,000
▲11.8%
Average Square Footage
2,440
2,534
▲3.9%
Price Per Square Foot
$897
$942
▲4.9%
Average DOM
81
65
▼19.6%
Sales Sold at Original List Price
33
169
▲412.1%
Top Sale Price
$10,796,000
$13,000,000
▲20.4%
Total Sale Volume
$842,417,680
$1,179,640,082
▲40.0%
Top Residential Sale $59M 701 S OCEAN BLVD, DELRAY BEACH, FL 33483
LUXURY REPORT
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SOLD $7,775,775
BOYNTON BEACH & OCEAN RIDGE 2025 | YEAR END LUXURY REPORT
BOYNTON BEACH & OCEAN RIDGE WATERSPORT | FISHING | SHOPPING
Two county parks and a natural area make Ocean Ridge a maritime, eco-tourist haven. Ocean Inlet Park has a jetty and marina access open 24 hours, making this an excellent spot for boaters and jet skiers to dart to the ocean or Intracoastal Waterway. Boynton Beach, just north of Delray Beach and south of Palm Beach, offers visitors all varieties of seaside recreation, plus enticing shopping. The Boynton Beach Inlet provides nearly direct access to some of the most beautiful coral and artificial reefs. in the Palm Beaches. Boynton Beach’s Oceanfront Park easily earns its reputation as one of South Florida’s most attractive beaches.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
213
218
▲2.3%
Average Sales Price
$1,776,361
$1,651,148
▼7.0%
Median Sales Price
$1,300,000
$1,299,500
▼0.0%
Average Square Footage
3,299
3,249
▼1.5%
Price Per Square Foot
$533
$516
▼3.1%
Average DOM
59
72
▲22.3%
Sales Sold at Original List Price
32
25
▼21.9%
Top Sale Price
$14,500,000
$8,250,000
▼43.1%
Total Sale Volume
$378,364,820
$359,950,372
▼4.9%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
13
14
▲7.7%
Average Sales Price
$1,985,943
$2,633,607
▲32.6%
Median Sales Price
$1,650,000
$2,742,500
▲66.2%
Average Square Footage
2,496
2,741
▲9.8%
Price Per Square Foot
$795
$953
▲20.0%
Average DOM
61
53
▼13.8%
Sales Sold at Original List Price
1
1
▲0.0%
Top Sale Price
$4,000,000
$4,600,000
▲15.0%
Total Sale Volume
$25,817,258
$36,870,500
▲42.8%
Top Residential Sale $8.25M 92 ISLAND DR S, OCEAN RIDGE, FL 33435
LUXURY REPORT
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SOLD $14,500,000
JUPITER 2025 | YEAR END LUXURY REPORT
JUPITER GOLF | HISTORY | BOATING
Locals love Jupiter for its breathtaking nature, tiki bars and endless ways to enjoy the water. Hop in a canoe and navigate the Loxahatchee River. At Riverbend Park, you’ll find many amenities, including horse trails and hiking through Seminole Indian historic sites. Right in town, the turquoise lagoons of DuBois Park and Jupiter Beach Park are ideal for swimming, paddleboarding and snorkeling. Jupiter also offers many activities to do on dry land as well!. Towering above the coast, the brick- red Jupiter Inlet Lighthouse is one of the oldest and most iconic structures in The Palm Beaches. Climb all 105 feet to the top for a gull’s-eye view of the coast. Afterwards, wear your best flip-flops to Guanabana’s, Square Grouper Tiki Bar and other low-key local favorites for fresh-caught seafood, tropical drinks, and incredible views.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
472
496
▲5.1%
Average Sales Price
$2,695,780
$2,866,859
▲6.3%
Median Sales Price
$1,662,500
$1,723,500
▲3.7%
Average Square Footage
3,471
3,493
▲0.7%
Price Per Square Foot
$711
$720
▲1.2%
Average DOM
76
81
▲6.3%
Sales Sold at Original List Price
33
47
▲42.4%
Top Sale Price
$34,000,000
$48,000,000
▲41.2%
Total Sale Volume
$1,272,408,289
$1,421,962,094 ▲11.8%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
62
79
▲27.4%
Average Sales Price
$2,056,863
$2,158,201
▲4.9%
Median Sales Price
$1,862,500
$1,900,000
▲2.0%
Average Square Footage
2,421
2,412
▼0.4%
Price Per Square Foot
$844
$889
▲5.3%
Average DOM
70
76
▲9.8%
Sales Sold at Original List Price
6
7
▲16.7%
Top Sale Price
$4,750,000
$6,150,000
▲29.5%
Total Sale Volume
$127,525,500
$170,497,900
▲33.7%
Top Residential Sale $48M 152 BEARS CLUB DR, JUPITER, FL 33477
LUXURY REPORT
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SOLD $21,400,000
JUPITER INLET COLONY 2025 | YEAR END LUXURY REPORT
JUPITER INLET COLONY EXCLUSIVE | ISLAND LIFE | YACHTING
The Town of Jupiter Inlet Colony is full of wildlife and beautiful gardens. The beach is accessible from all the homes by taking a short stroll across one of two brick walkways lined by many rare and beautiful flowering plants and trees. Jupiter Inlet Colony has a community park and a private Beach Club located on the Jupiter Inlet. With only eight roads and surrounded by the Intracoastal Waterway, the Atlantic Ocean and the narrow Jupiter Inlet, proximity to all things water is what makes this tiny, residential community, the place for boating, water sports and sport fishing activities.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
8
10
▲25.0%
Average Sales Price
$10,930,559
$5,980,114
▼45.3%
Median Sales Price
$7,887,500
$4,106,200
▼47.9%
Average Square Footage
4,325
3,692
▼14.6%
Price Per Square Foot
$2,223
$1,541
▼30.7%
Average DOM
30
207
▲596.8%
Sales Sold at Original List Price
2
0
▼100.0%
Top Sale Price
$30,180,000
$22,273,240
▼26.2%
Total Sale Volume
$87,444,470
$59,801,140
▼31.6%
Top Residential Sale $22.273M 20 OCEAN DR, JUPITER INLET COLONY, FL 33469
LUXURY REPORT
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SOLD $19,000,000
MANALAPAN, LANTANA, & HYPOLUXO 2025 | YEAR END LUXURY REPORT
MANALAPAN, LANTANA, & HYPOLUXO OCEAN VIEW | RESORTS | WATERFRONT LIVING
The town of Manalapan, Florida, resides along the Intracoastal Waterway and is comprised of two separate areas linked only by water. So if it has to do with water, this is the place to be. If you like to dive, the dive wreck of Lofthus is situated approximately 175 yards off the shore of Manalapan in the Florida Underwater Archaeological Preserve. Staying waterside is easy in this small community. Eau Palm Beach Resort & Spa is a breathtaking oceanfront property with three outstanding restaurants and a spa providing a tranquil and serene environment for all pampering services.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
29
23
▼20.7%
Average Sales Price
$10,039,209
$12,865,404
▲28.2%
Median Sales Price
$3,350,000
$4,300,000
▲28.4%
Average Square Footage
5,615
6,462
▲15.1%
Price Per Square Foot
$1,413
$1,298
▼8.1%
Average DOM
127
146
▲15.3%
Sales Sold at Original List Price
2
3
▲50.0%
Top Sale Price
$42,600,000
$61,750,000
▲45.0%
Total Sale Volume
$291,137,060
$295,904,297
▲1.6%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
12
13
▲8.3%
Average Sales Price
$1,923,750
$1,264,692
▼34.3%
Median Sales Price
$1,725,000
$1,220,000
▼29.3%
Average Square Footage
2,299
2,259
▼1.7%
Price Per Square Foot
$875
$589
▼32.7%
Average DOM
183
119
▼34.7%
Sales Sold at Original List Price
0
0
-
Top Sale Price
$3,500,000
$1,750,000
▼50.0%
Total Sale Volume
$23,085,000
$16,441,000
▼28.8%
Top Residential Sale $61.75M 1160 S OCEAN BLVD, LANTANA, FL 33462
LUXURY REPORT
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LISTED $10,900,000
PALM BEACH GARDENS & NORTH PALM BEACH 2025 | YEAR END LUXURY REPORT
PALM BEACH GARDENS & NORTH PALM BEACH GOLF | SHOPPING | FISHING Palm Beach Gardens is home to the headquarters of the Professional Golfers’ Association of America (PGA) and each year hosts legendary professional golfers at The Honda Classic. Palm Beach Gardens also offers fine hotels, a wide variety of recreational enticements and convenient proximity to the beaches. Known worldwide for its recreation, North Palm Beach boasts The Palm Beaches’ only state park. John D. MacArthur Beach State Park is an eco-friendly and family-friendly treasure. Enjoy crystal clear waters and an adventurous lifestyle.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
548
567
▲3.5%
Average Sales Price
$2,288,198
$2,514,755
▲9.9%
Median Sales Price
$1,590,000
$1,625,000
▲2.2%
Average Square Footage
3,607
3,561
▼1.3%
Price Per Square Foot
$597
$634
▲6.2%
Average DOM
82
87
▲5.8%
Sales Sold at Original List Price
44
71
▲61.4%
Top Sale Price
$19,500,000
$97,500,000
▲400.0%
Total Sale Volume
$1,253,932,618
$1,425,866,018 ▲13.7%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
52
56
▲7.7%
Average Sales Price
$2,077,394
$2,265,609
▲9.1%
Median Sales Price
$1,750,000
$2,025,000
▲15.7%
Average Square Footage
2,733
2,793
▲2.2%
Price Per Square Foot
$782
$802
▲2.6%
Average DOM
67
121
▲79.9%
Sales Sold at Original List Price
3
1
▼66.7%
Top Sale Price
$5,000,000
$5,600,000
▲12.0%
Total Sale Volume
$108,024,500
$126,874,100
▲17.4%
Top Residential Sale $97.5M 11465 OLD HARBOUR RD, NORTH PALM BEACH, FL 33408
LUXURY REPORT
IPRE.COM
SOLD $16,300,000
PALM BEACH 2025 | YEAR END LUXURY REPORT
PALM BEACH GLAMOUR | SECLUSION | OCEANFRONT
Movie stars, aristocrats and barons of industry have frolicked on Palm Beach’s golden sands since America’s First Resort Destination® rose to favor in the late 1800s. But you don’t need to be a Rockefeller to have your own “once upon a time” moment here. All those in Palm Beach will find a warm welcome, a tropical breeze and plenty of ways to live a modern-day fairy tale. Home to Florida’s oldest golf course, The Breakers was the premier playground of the Gilded Age and still dazzles today. Palm Beach practically invented retail therapy. See and be seen on iconic Worth Avenue, a shopping mecca that often gets mentioned in the same breath as Fifth Avenue and Rodeo Drive.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
62
80
▲29.0%
Average Sales Price
$14,971,208
$15,794,332
▲5.5%
Median Sales Price
$10,775,000
$13,375,000
▲24.1%
Average Square Footage
4,527
4,784
▲5.7%
Price Per Square Foot
$3,067
$3,269
▲6.6%
Average DOM
161
171
▲6.6%
Sales Sold at Original List Price
2
1
▼50.0%
Top Sale Price
$51,250,000
$66,136,500
▲29.0%
Total Sale Volume
$928,214,900
$1,263,546,525 ▲36.1%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
82
122
▲48.8%
Average Sales Price
$3,168,040
$3,925,659
▲23.9%
Median Sales Price
$2,866,250
$2,737,500
▼4.5%
Average Square Footage
1,926
2,054
▲6.6%
Price Per Square Foot
$1,648
$1,785
▲8.3%
Average DOM
128
139
▲8.7%
Sales Sold at Original List Price
3
2
▼33.3%
Top Sale Price
$12,500,000
$16,500,000
▲32.0%
Total Sale Volume
$259,779,302
$478,930,358
▲84.4%
Top Residential Sale $66.136M 217 W INDIES DR, PALM BEACH, FL 33480
LUXURY REPORT
IPRE.COM
SOLD $5,000,000
SINGER ISLAND 2025 | YEAR END LUXURY REPORT
SINGER ISLAND BOUTIQUE | DINING | NATURE
Singer Island, an oceanfront neighborhood part of the city of Riviera Beach, offers a relaxing blend of natural beauty, seven miles of pristine beaches, and upscale hotels and resorts. Nestled on the barrier island, the park also sits in the urban estuary of Lake Worth Lagoon and the Intracoastal Waterway, where you can kayak, canoe, hike short trails, and visit the a nature center. Also available to visitors are superb hotels and meeting facilities on Singer Island with a wide range of shopping opportunities and some of the finest restaurants in all of Florida.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
29
46
▲58.6%
Average Sales Price
$2,628,004
$2,767,950
▲5.3%
Median Sales Price
$2,150,000
$2,125,000
▼1.2%
Average Square Footage
2,695
2,890
▲7.2%
Price Per Square Foot
$872
$917
▲5.2%
Average DOM
104
62
▼40.3%
Sales Sold at Original List Price
0
4
-
Top Sale Price
$8,000,000
$8,557,000
▲7.0%
Total Sale Volume
$76,212,105
$127,325,702
▲67.1%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
161
76
▼52.8%
Average Sales Price
$1,863,444
$2,188,763
▲17.5%
Median Sales Price
$1,525,000
$1,650,000
▲8.2%
Average Square Footage
2,028
2,369
▲16.9%
Price Per Square Foot
$903
$878
▼2.8%
Average DOM
54
111
▲104.2%
Sales Sold at Original List Price
85
5
▼94.1%
Top Sale Price
$6,150,000
$11,280,000
▲83.4%
Total Sale Volume
$300,014,461
$166,346,000
▼44.6%
Top Residential Sale $8.557M 1030 PINE POINT RD, RIVIERA BEACH, FL 33404
LUXURY REPORT
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LISTED $10,999,998
TEQUESTA 2025 | YEAR END LUXURY REPORT
TEQUESTA BOUTIQUE | DINING | NATURE
The Village of Tequesta is a gem located along U.S. 1 west of Jupiter Inlet Colony. It is a close-knit community and the seventh-safest city in all of Florida. Despite only covering 2.3 square miles, the village has numerous parks and community gathering places. Its Coral Cove Park is a popular destination, with ocean views, swimming, snorkeling, stunning natural limestone and reefs that are home to a variety of marine wildlife.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
67
59
▼11.9%
Average Sales Price
$2,528,220
$3,137,042
▲24.1%
Median Sales Price
$1,600,000
$1,425,000
▼10.9%
Average Square Footage
2,839
3,287
▲15.8%
Price Per Square Foot
$847
$791
▼6.6%
Average DOM
75
74
▼1.6%
Sales Sold at Original List Price
9
4
▼55.6%
Top Sale Price
$10,700,000
$15,000,000
▲40.2%
Total Sale Volume
$169,390,717
$185,085,469
▲9.3%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
13
12
▼7.7%
Average Sales Price
$1,545,438
$2,371,094
▲53.4%
Median Sales Price
$1,400,000
$1,592,500
▲13.8%
Average Square Footage
1,890
2,059
▲9.0%
Price Per Square Foot
$819
$1,034
▲26.2%
Average DOM
89
212
▲136.8%
Sales Sold at Original List Price
2
0
▼100.0%
Top Sale Price
$2,500,000
$8,980,000
▲259.2%
Total Sale Volume
$20,090,692
$28,453,130
▲41.6%
Top Residential Sale $14.7M 88 W RIVERSIDE DR, JUPITER, FL 33469
LUXURY REPORT
IPRE.COM
SOLD $4,950,000
WELLINGTON 2025 | YEAR END LUXURY REPORT
WELLINGTON EQUESTRIAN | NATURE | POLO
Palm Beach gives way to greener pastures for horse lovers in Wellington. Home to an internationally recognized equestrian community (with a social scene to match), this city offers endless opportunities to play by day and ride off into the sunset at night. Each January through April, Wellington’s equestrian season leaps into action. The Winter Equestrian Festival welcomes the world’s top riders in show jumping and dressage for 12 weeks of competition. During Palm Beach International Polo Season, you can’t swing a mallet without hitting a daily event or field-side brunch.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
198
182
▼8.1%
Average Sales Price
$2,416,126
$2,718,892
▲12.5%
Median Sales Price
$1,400,000
$1,605,000
▲14.6%
Average Square Footage
3,691
3,876
▲5.0%
Price Per Square Foot
$774
$707
▼8.6%
Average DOM
113
106
▼5.7%
Sales Sold at Original List Price
11
18
▲63.6%
Top Sale Price
$13,000,000
$25,500,000
▲96.2%
Total Sale Volume
$478,393,000
$494,838,431
▲3.4%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
15
23
▲53.3%
Average Sales Price
$1,317,600
$1,573,043
▲19.4%
Median Sales Price
$1,185,000
$1,400,000
▲18.1%
Average Square Footage
2,202
2,080
▼5.6%
Price Per Square Foot
$638
$766
▲20.1%
Average DOM
78
128
▲65.4%
Sales Sold at Original List Price
1
4
▲300.0%
Top Sale Price
$1,925,000
$3,100,000
▲61.0%
Total Sale Volume
$19,764,000
$36,180,000
▲83.1%
Top Residential Sale $25.5M 3585 OLDE HAMPTON DR, WELLINGTON, FL 33414
LUXURY REPORT
IPRE.COM
SOLD $8,048,000
WEST PALM BEACH 2025 | YEAR END LUXURY REPORT
WEST PALM BEACH DINING | CULTURE | HISTORY
Located along Florida’s Atlantic Ocean coast, West Palm Beach offers visitors year-round excitement within easy reach of smooth-sand beaches and some of the nation’s most enticing waterways. Exquisite shops, fine dining, Broadway-quality shows, a world-renowned art museum and more - this is what awaits the fortunate visitor to West Palm Beach. Downtown West Palm Beach is home to four retail and entertainment districts: Clematis Street, Rosemary Square, Northwood Village, and Antique Row. These vibrant pieces of West Palm Beach are lined with fashionable bars, nightclubs, boutiques and collectibles.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
306
371
▲21.2%
Average Sales Price
$2,409,647
$2,538,607
▲5.4%
Median Sales Price
$1,662,500
$1,680,000
▲1.1%
Average Square Footage
3,128
3,147
▲0.6%
Price Per Square Foot
$792
$789
▼0.4%
Average DOM
106
100
▼6.1%
Sales Sold at Original List Price
16
23
▲43.8%
Top Sale Price
$16,588,640
$28,200,000
▲70.0%
Total Sale Volume
$737,352,055
$941,823,031
▲27.7%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
92
86
▼6.5%
Average Sales Price
$3,049,736
$2,667,703
▼12.5%
Median Sales Price
$1,630,000
$1,720,000
▲5.5%
Average Square Footage
2,421
2,279
▼5.9%
Price Per Square Foot
$1,065
$1,053
▼1.1%
Average DOM
108
111
▲2.1%
Sales Sold at Original List Price
9
4
▼55.6%
Top Sale Price
$27,988,425
$15,312,000
▼45.3%
Total Sale Volume
$280,575,694
$229,422,477
▼18.2%
Top Residential Sale $28.2M 3030 WASHINGTON RD, WEST PALM BEACH, FL 33405
LUXURY REPORT
IPRE.COM
SOLD $4,900,000
TREASURE COAST 2025 | YEAR END LUXURY REPORT
TREASURE COAST SERENITY IN PARADISE
The Treasure Coast luxury residential market closed the year with notable gains in both sales activity and pricing. High-end single-family transactions rose 19.5% year-over-year to 331, while the average sales price climbed 32.8% to $3.62 million. The region’s luxury condo and townhome market also saw increased momentum, with total transactions rising 25.5% year-over-year to 59 and the average sales price increasing 12% to $1.82 million. Overall sales volume across both segments grew significantly, underscoring continued buyer interest in the Treasure Coast as a compelling luxury alternative to nearby Palm Beach County markets.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
277
331
▲19.5%
Average Sales Price
$2,726,605
$3,620,922
▲32.8%
Median Sales Price
$1,550,000
$1,680,000
▲8.4%
Average Square Footage
3,560
3,916
▲10.0%
Price Per Square Foot
$683
$776
▲13.5%
Average DOM
119
124
▲4.4%
Sales Sold at Original List Price
27
26
▼3.7%
Top Sale Price
$33,000,000
$39,000,000
▲18.2%
Total Sale Volume
$755,269,568
$1,198,525,314
▲58.7%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
47
59
▲25.5%
Average Sales Price
$1,627,604
$1,822,831
▲12.0%
Median Sales Price
$1,300,000
$1,600,000
▲23.1%
Average Square Footage
2,559
2,582
▲0.9%
Price Per Square Foot
$644
$696
▲8.2%
Average DOM
146
190
▲29.9%
Sales Sold at Original List Price
6
3
▼50.0%
Top Sale Price
$4,241,250
$3,900,000
▼8.0%
Total Sale Volume
$76,497,401
$107,547,000
▲40.6%
LUXURY REPORT
IPRE.COM
SOLD $14,000,000
HOBE SOUND 2025 | YEAR END LUXURY REPORT
HOBE SOUND NATURE | RELAXED | BEACH TOWN
Nestled between Jupiter and Stuart along the Atlantic coast, Hobe Sound features picturesque nature attractions, beaches and parks. Jonathan Dickinson State Park is a big hit with camping and canoeing enthusiasts, while Blowing Rocks Preserve is a snorkeling haven with limestone formations that are the largest on the east coast. Hobe Sound’s beach town appeal is enhanced by its mix of antique stores, art galleries and beachfront eateries.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
47
49
▲4.3%
Average Sales Price
$2,033,064
$2,169,349
▲6.7%
Median Sales Price
$1,500,000
$1,625,000
▲8.3%
Average Square Footage
3,294
3,148
▼4.4%
Price Per Square Foot
$615
$685
▲11.3%
Average DOM
77
107
▲39.2%
Sales Sold at Original List Price
7
4
▼42.9%
Top Sale Price
$6,500,000
$5,450,000
▼16.2%
Total Sale Volume
$95,554,000
$106,298,125
▲11.2%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
5
5
▲0.0%
Average Sales Price
$1,814,000
$1,575,000
▼13.2%
Median Sales Price
$1,985,000
$1,450,000
▼27.0%
Average Square Footage
2,735
2,338
▼14.5%
Price Per Square Foot
$671
$693
▲3.3%
Average DOM
278
31
▼88.8%
Sales Sold at Original List Price
2
2
▲0.0%
Top Sale Price
$2,150,000
$2,325,000
▲8.1%
Total Sale Volume
$9,070,000
$7,875,000
▼13.2%
Top Residential Sale $5.45M 6801 SE WOOD LARK LN, HOBE SOUND, FL 33455
LUXURY REPORT
IPRE.COM
SOLD $15,000,000
HUTCHINSON ISLAND 2025 | YEAR END LUXURY REPORT
HUTCHINSON ISLAND OCEANFRONT | SECLUSION | DINING
Located off the coast of Martin and St. Lucie counties, Hutchinson Island is a barrier island bordered by the Atlantic Ocean on the east and the Indian River on the west. Hutchinson Island is home to the Elliot Museum, the historic House of Refuge, and the Florida Oceanographic Society. Here you will find miles of beautiful, sandy beaches to enjoy, with free public access on this down-to- earth island that offers cultural events and activities for the whole family. Hotels, vacation rentals, fine restaurants – Hutchinson Island has it all. The island also is a great place to enjoy Florida wildlife at its finest. A true jewel, Hutchinson Island is a wonderful place to fish, play golf or just stare at the enchanting Atlantic.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
27
29
▲7.4%
Average Sales Price
$2,533,667
$4,297,586
▲69.6%
Median Sales Price
$1,370,000
$3,400,000
▲148.2%
Average Square Footage
3,315
4,048
▲22.1%
Price Per Square Foot
$677
$868
▲28.3%
Average DOM
224
229
▲2.4%
Sales Sold at Original List Price
3
0
▼100.0%
Top Sale Price
$9,200,000
$17,000,000
▲84.8%
Total Sale Volume
$68,409,000
$124,630,000
▲82.2%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
20
16
▼20.0%
Average Sales Price
$1,194,000
$1,226,563
▲2.7%
Median Sales Price
$1,125,000
$1,227,500
▲9.1%
Average Square Footage
2,678
2,685
▲0.3%
Price Per Square Foot
$434
$457
▲5.2%
Average DOM
130
130
▲0.1%
Sales Sold at Original List Price
0
1
-
Top Sale Price
$1,665,000
$1,475,000
▼11.4%
Total Sale Volume
$23,880,001
$19,625,000
▼17.8%
Top Residential Sale $17M 6600 N HIGHWAY A1A, HUTCHINSON ISLAND, FL 34949
LUXURY REPORT
IPRE.COM
LISTED $49,500,000
JUPITER ISLAND 2025 | YEAR END LUXURY REPORT
JUPITER ISLAND WATERVIEWS | HISTORY | BOATING
The Town of Jupiter Island is a coveted place to call home, a tropical paradise with gorgeous banyan tree canopies, beaches and many outdoor activities. The 17-mile long island is flanked by the Atlantic Ocean and Intracoastal Waterway, in close proximity to some of the Treasure Coast’s top recreational, cultural and sporting facilities. It is also a convenient drive away from the Palm Beach International Airport and Stuart Jet Center. Much of Jupiter Island’s acreage has been protected as nature and wildlife preserves.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
15
21
▲40.0%
Average Sales Price
$12,147,167
$18,505,013
▲52.3%
Median Sales Price
$9,000,000
$19,700,000
▲118.9%
Average Square Footage
5,622
6,709
▲19.3%
Price Per Square Foot
$2,418
$2,778
▲14.9%
Average DOM
152
115
▼23.9%
Sales Sold at Original List Price
2
1
▼50.0%
Top Sale Price
$33,000,000
$39,000,000
▲18.2%
Total Sale Volume
$182,207,500
$388,605,268
▲113.3%
Top Residential Sale $39M 320 S BEACH RD, JUPITER ISLAND, FL 33455
LUXURY REPORT
IPRE.COM
SOLD $11,750,000
SEWALLS POINT 2025 | YEAR END LUXURY REPORT
SEWALLS POINT SMALL TOWN | INTRACOASTAL | NATURE
Sewall’s Point is a charming peninsula town located on the eastern side of Martin County, Florida. Once a vacation town, it now is home to many younger families and full-time residents. Surrounded by water on its north, south and west, this unique community is famous for its waterfront homes and is often called a boaters’ paradise. Shaded by ancient oaks and surrounded on three sides by the St. Lucie River and the Indian River Lagoon, Sewall’s Point is known for its natural beauty. The town is a designated bird sanctuary and has been a nationally recognized “Tree City” for over two decades. Many unique shops and outstanding dining can be found in beautiful Sewall’s Point.
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
50
64
▲28.0%
Average Sales Price
$2,332,376
$3,023,784
▲29.6%
Median Sales Price
$1,365,000
$1,690,000
▲23.8%
Average Square Footage
3,868
4,175
▲7.9%
Price Per Square Foot
$550
$663
▲20.5%
Average DOM
129
112
▼13.1%
Sales Sold at Original List Price
2
2
▲0.0%
Top Sale Price
$14,500,000
$8,545,000
▼41.1%
Total Sale Volume
$116,618,811
$193,522,150
▲65.9%
Top Residential Sale $8.55M 65 S RIVER RD, SEWALLS POINT, FL 34996
LUXURY REPORT
IPRE.COM
SOLD $6,940,000
STUART 2025 | YEAR END LUXURY REPORT
STUART RELAXED | BEACH TOWN | HISTORIC
Stuart, the hub of Martin County, also known as the “Sailfish Capital of the World” because of the many sailfish found off the coast, is located along the banks of the St. Lucie River. Stuart is located on the eastern point of the Okeechobee Waterway, which extends from the Atlantic Ocean in Stuart to the Gulf of Mexico in Ft. Myers. Adventurers wanting to get back to nature will find an array of outdoor options in the area, including kayaking, hiking, biking and birding options. Finally, take a romantic stroll along Stuart’s Riverwalk and enjoy the scenery or gaze upon the Roosevelt Bridge, voted one of the most “Spectacular Bridges Around the World.”
Single Family Homes
% Change (1 Year)
SINGLE FAMILY Number of Sales
2024
2025
129
153
▲18.6%
Average Sales Price
$2,129,076
$2,362,316
▲11.0%
Median Sales Price
$1,550,000
$1,500,000
▼3.2%
Average Square Footage
3,351
3,713
▲10.8%
Price Per Square Foot
$627
$591
▼5.8%
Average DOM
104
121
▲16.8%
Sales Sold at Original List Price
13
16
▲23.1%
Top Sale Price
$15,000,000
$11,200,000
▼25.3%
Total Sale Volume
$274,650,757
$361,434,321
▲31.6%
Condos & Townhomes
% Change (1 Year)
CONDO/CO-OP/TOWNHOME
2024
2025
Number of Sales
22
38
▲72.7%
Average Sales Price
$1,979,427
$2,106,500
▲6.4%
Median Sales Price
$1,682,500
$2,025,000
▲20.4%
Average Square Footage
2,422
2,571
▲6.1%
Price Per Square Foot
$809
$798
▼1.4%
Average DOM
131
236
▲80.2%
Sales Sold at Original List Price
4
0
▼100.0%
Top Sale Price
$4,241,250
$3,900,000
▼8.0%
Total Sale Volume
$43,547,400
$80,047,000
▲83.8%
Top Residential Sale $11.2M 6440 SE HARBOR CIR, STUART, FL 34996
LUXURY REPORT
IPRE.COM
IPRE.COM
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