Palm Beach Real Estate

The Town of Palm Beach occupies a barrier island about 16 miles long and, in places, only a few hundred yards wide. Henry Flagler built the Royal Poinciana and the Breakers here in the 1890s and extended his railroad to reach them, and the town has been protecting that inheritance ever since through landmark designation and one of the strictest architectural review processes in Florida.

For an owner, that process is not decoration. What a buyer can demolish, add or alter determines what a lot is worth, and the answer is frequently different from what the same lot would be worth a bridge away in West Palm Beach.

What is selling

In August 2026, single-family homes in Palm Beach closed at a median of $11,278,000, at a median 113 days on market and 93% of the last asking price, across 10 closings. Across the year so far, 82 closed at a median of $12,594,762, against 58 at $13,000,000 in the same period last year. There are 62 on the market now at a median asking price of $15,995,000, and about 6.2 months of supply, which is close to a balanced market.

In August 2026, condominiums and townhouses in Palm Beach closed at a median of $920,000, at a median 98 days on market and 94% of the last asking price, across 15 closings. Across the year so far, 229 closed at a median of $1,685,000, against 155 at $1,850,000 in the same period last year. There are 137 on the market now at a median asking price of $1,450,000, and about 9.1 months of supply, which gives buyers real negotiating room.

Houses and condominiums are reported separately here on purpose. Averaging the two produces a number that describes neither, and in this market the two halves frequently move in different directions.

Based on information from BeachesMLS for August 2026 and for Jan 1 - Aug 31, 2026, retrieved September 11, 2026. Information deemed reliable but not guaranteed. Listings permitted for internet display.

The island's neighborhoods

The North End, the Estate Section, the In-Town blocks around Worth Avenue and the South End condominium corridor are effectively four markets. Our page on the history of the island covers how they came to be. For figures, this page is the one that updates monthly.

Getting around

Three bridges connect the island to West Palm Beach: Flagler Memorial, Royal Park and Southern Boulevard. Palm Beach International Airport is about 15 minutes away, the West Palm Beach Brightline and Tri-Rail stations about 2 miles, and the Palm Beach Marina sits on the Intracoastal side. Good Samaritan Medical Center is roughly 3 miles.

Working with us in Palm Beach

Pricing on the island is a landmark and zoning question before it is a comparable sales question. What the Architectural Commission and the Landmarks Preservation Commission will permit on your lot, and what a buyer's architect thinks they can achieve, sets the ceiling.

Gia Freer, our Broker of Record, has been licensed in Florida since 2000. PBP Real Estate is a transaction broker, and we handle probate and estate sales in house, which matters where a significant share of transfers follow an estate. No automated estimate is published on this site; on this island there is no honest way to produce one.

Did your listing come off the market without selling? Read what the data says about an expired listing in Palm Beach — how much of the local inventory is sitting past 90 days, and what waiting costs against the original asking price.

Compiled by Gia Freer, Broker of Record, PBP Real Estate, LLC · Florida broker license BK689801 · brokerage license CQ1064615. Figures drawn from PBP's own BeachesMLS data feed and last updated September 11, 2026. Market analysis only; PBP Real Estate is a Licensed Florida Real Estate Brokerage, not a licensed appraiser.