Illustrated Properties Luxury Report

PALM BEACH COUNTY FLORIDA’S PLAYGROUND FOR THE WEALTHY

Palm Beach County’s high-end single-family sales jumped 21.0% year-over-year to 1,983, with the average sales price gaining 14% to $2.69 million during that span. The county’s luxury condominium market had a 7.3% year-over-year uptick in transactions to 396, as its average sales price rose by 9.7% to $2.43 million. The county’s biggest year-over-year luxury single-family transaction gainers included Palm Beach Island (440.0%), Boynton Beach/Ocean Ridge (84.5%), Manalapan/Lantana/Hypoluxo (60.0%) and Wellington (44.3%). The Boca Raton/Delray Beach submarket continues to be the focal point of high-end condo activity in the county, and it recorded a 31.5% year-over-year jump in total sales (171) and a 6.7% year-over- year increase in average sales price ($2.27 million).

Single Family Homes

% Change (1 Year)

% Change (1 Quarter)

SINGLE FAMILY HOMES

Q3 2025

Q2 2026

Q3 2026

Number of Sales

1,639

2,597

1,983

▲21.0%

▼23.6%

Average Sales Price

$2,361,249

$2,880,078

$2,691,427

▲14.0%

▼6.6%

Median Sales Price

$1,600,000

$1,800,000

$1,735,000

▲8.4%

▼3.6%

Average Square Footage

4,041

4,030

4,084

▲1.1%

▲1.4%

Price Per Square Foot

$569

$686

$640

▲12.4%

▼6.8%

Average DOM

91

80

80

▼11.6%

▼0.4%

Sales Sold at Original List Price

142

273

176

▲23.9%

▼35.5%

Top Sale Price

$51,124,176

$75,000,000

$83,200,000

▲62.7%

▲10.9%

Total Sale Volume

$3,870,087,005

$7,479,561,751

$5,337,100,471

▲37.9%

▼28.6%

Condos & Townhomes

% Change (1 Year)

% Change (1 Quarter)

CONDOS/TOWNHOMES

Q3 2025

Q2 2026

Q3 2026

Number of Sales

369

787

396

▲7.3%

▼49.7%

Average Sales Price

$2,211,084

$2,399,933

$2,425,144

▲9.7%

▲1.1%

Median Sales Price

$1,710,000

$1,725,000

$1,750,000

▲2.3%

▲1.4%

Average Square Footage

2,488

2,478

2,514

▲1.1%

▲1.5%

Price Per Square Foot

$891

$963

$962

▲7.9%

▼0.2%

Average DOM

135

110

107

▼20.6%

▼2.9%

Sales Sold at Original List Price

28

58

28

▲0.0%

▼51.7%

Top Sale Price

$16,000,000

$19,420,500

$17,000,005

▲6.3%

▼12.5%

Total Sale Volume

$815,890,095

$1,888,747,508 $960,356,985 ▲17.7%

▼49.2%

PALM BEACH COUNTY 2026 | Q3 LUXURY REPORT

LUXURY REPORT

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