Illustrated Properties 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)

% Change (1 Quarter)

SINGLE FAMILY HOMES

Q1 2025

Q4 2025

Q1 2026

Number of Sales

28

20

33

▲17.9%

▲65.0%

Average Sales Price

$14,567,076

$15,310,575

$14,567,600

▲0.0%

▼4.9%

Median Sales Price

$12,875,000

$10,150,000

$11,750,000

▼8.7%

▲15.8%

Average Square Footage

4,612

4,872

4,089

▼11.3%

▼16.1%

Price Per Square Foot

$3,116

$2,829

$3,346

▲7.4%

▲18.3%

Average DOM

150

176

113

▼24.7%

▼35.6%

Sales Sold at Original List Price

2

0

1

▼50.0%

-

Top Sale Price

$40,000,000

$66,136,500

$37,100,000

▼7.3%

▼43.9%

Total Sale Volume

$407,878,125

$306,211,499

$480,730,801

▲17.9%

▲57.0%

Condos & Townhomes

% Change (1 Year)

% Change (1 Quarter)

CONDOS/TOWNHOMES

Q1 2025

Q4 2025

Q1 2026

Number of Sales

53

16

56

▲5.7%

▲250.0%

Average Sales Price

$4,098,285

$3,629,375

$3,483,905

▼15.0%

▼4.0%

Median Sales Price

$2,887,500

$3,100,000

$2,575,000

▼10.8%

▼16.9%

Average Square Footage

2,074

1,920

1,959

▼5.6%

▲2.0%

Price Per Square Foot

$1,829

$1,852

$1,716

▼6.1%

▼7.3%

Average DOM

134

112

149

▲11.0%

▲33.3%

Sales Sold at Original List Price

3

0

8

▲166.7%

-

Top Sale Price

$14,900,000

$7,150,000

$12,800,000

▼14.1%

▲79.0%

Total Sale Volume

$217,209,100

$58,070,000

$195,098,700

▼10.2%

▲236.0%

PALM BEACH 2026 | Q1 LUXURY REPORT

Top Residential Sale $37.1M 870 S OCEAN BLVD, PALM BEACH, FL 33480

LUXURY REPORT

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