PALM BEACH COUNTY FLORIDA’S PLAYGROUND FOR THE WEALTHY
Palm Beach County’s high-end single-family sales jumped 24.2% year-over-year to 2,534 in the second quarter, with average sales price up 4.6% to $2.89 million. The county’s luxury condo market surged 26.6% to 770 transactions, though average price fell 7.1% to $2.39 million. West Palm Beach (+43.7% single-family) and Palm Beach Island (+36.6%) are both climbing this quarter, but for different reasons: West Palm Beach is absorbing broad, relocation-driven volume, while Palm Beach Island’s smaller price gain, +2.2%, reflects a scarcer, more concentrated market. Wellington also posted strong single-family gains (+35.1%). The Boca Raton/Delray Beach submarket remains the county’s condo focal point, recording a 3% year-over-year increase in total sales (271) and a 14% year-over-year drop in average sales price ($2.31 million).
Single Family Homes
% Change (1 Year)
% Change (1 Quarter)
SINGLE FAMILY HOMES
Q2 2025
Q1 2026
Q2 2026
Number of Sales
2,041
2,066
2,534
▲24.2%
▲22.7%
Average Sales Price
$2,761,450
$2,828,509
$2,889,838
▲4.6%
▲2.2%
Median Sales Price
$1,737,350
$1,780,000
$1,800,000
▲3.6%
▲1.1%
Average Square Footage
3,533
3,551
3,517
▼0.5%
▼0.9%
Price Per Square Foot
$734
$746
$771
▲5.1%
▲3.5%
Average DOM
104
107
94
▼10.2%
▼12.3%
Sales Sold at Original List Price
197
205
264
▲34.0%
▲28.8%
Top Sale Price
$55,500,000
$68,318,675
$75,000,000
▲35.1%
▲9.8%
Total Sale Volume
$5,636,120,152
$5,843,698,852 $7,322,848,525 ▲29.9%
▲25.3%
Condos & Townhomes
% Change (1 Year)
% Change (1 Quarter)
CONDOS/TOWNHOMES
Q2 2025
Q1 2026
Q2 2026
Number of Sales
608
697
770
▲26.6%
▲10.5%
Average Sales Price
$2,577,394
$2,333,330
$2,394,987
▼7.1%
▲2.6%
Median Sales Price
$1,850,000
$1,725,000
$1,700,000
▼8.1%
▼1.4%
Average Square Footage
2,440
2,241
2,326
▼4.7%
▲3.8%
Price Per Square Foot
$1,032
$1,039
$1,005
▼2.6%
▼3.3%
Average DOM
134
122
126
▼6.0%
▲3.4%
Sales Sold at Original List Price
86
74
51
▼40.7%
▼31.1%
Top Sale Price
$16,500,000
$12,800,000
$19,420,500
▲17.7%
▲51.7%
Total Sale Volume
$1,567,055,467
$1,626,330,762
$1,844,140,326 ▲17.7%
▲13.4%
PALM BEACH COUNTY 2026 | Q2 LUXURY REPORT
LUXURY REPORT
IPRE.COM
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