Palm Beach market, August 2026
Palm Beach Real Estate
What Palm Beach houses and condominiums actually sold for last month, how long they took, and what that means if you are deciding whether to sell. Live BeachesMLS figures, read by a broker.
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A written opinion of value from Gia Freer. No automated estimate is published on this site.
Palm Beach in August 2026, single-family
Single-family homes only; condominiums and townhouses are reported separately below. Based on information from BeachesMLS, retrieved September 5, 2026. Listings permitted for internet display. Information deemed reliable but not guaranteed.
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 $10,556,000, at a median 111 days on market and 89% of the last asking price, across 9 closings. Across the year so far, 76 closed at a median of $12,719,762, against 54 at $13,000,000 in the same period last year. There are 53 on the market now at a median asking price of $13,900,000, and about 5.9 months of supply, which is close to a balanced market.
In August 2026, condominiums and townhouses in Palm Beach closed at a median of $800,000, at a median 108 days on market and 95% of the last asking price, across 12 closings. Across the year so far, 203 closed at a median of $1,687,500, against 138 at $1,875,000 in the same period last year. There are 118 on the market now at a median asking price of $1,324,500, and about 9.8 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 5 September 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.
More on Palm Beach
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.
If you are thinking about selling, three steps
Tell us about the property
Address, condition, timing and anything a website cannot see: a renovation, a view, a lot line.
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Decide with the numbers in front of you
Sell now, wait, or rent: you see what each path looks like before anyone lists anything.
Palm Beach single-family, month and year to date
In August 2026, 9 single-family homes closed at a median of $10,556,000. Condominiums and townhouses are a separate market here: 12 closed in August 2026 at a median of $800,000, and they are reported separately on this page.
Month and year-to-date are shown together on purpose: one month in a single city can swing on a handful of closings, and the year-to-date line is what keeps it honest.
| Period | Closed | Median price | Days | Of asking |
|---|---|---|---|---|
| August 2026 | 9 | $10,556,000 | 111 | 89% |
| August 2025 | 2 | — | null | null% |
| Jan 1 - Aug 31, 2026 | 76 | $12,719,762 | 88 | 91% |
| Jan 1 - Aug 31, 2025 | 54 | $13,000,000 | 102 | 89% |
Palm Beach single-family closings, BeachesMLS, retrieved September 5, 2026. Information deemed reliable but not guaranteed.
Palm Beach market snapshot — as of September 5, 2026
Figures below come from our own BeachesMLS broker data feed, not a third-party estimate. Single-family homes and condos/townhomes are reported separately because they behave differently — blending them produces a number that describes neither. Every figure shows the number of listings behind it. Active and under-contract counts are as of September 5, 2026; closed-sale prices cover August 2026, the latest full month.
Single-family homes
| Active listings | 53 |
|---|---|
| Median list price | $13,900,000 |
| Median list price per sq ft | $3,998 |
| Asking medians run above sold medians when higher-priced homes take longer to sell; compare with the closed figures below. | |
| Under contract | 9 |
| Closed so far, September 1 - 5, 2026 | 1 |
| Months of inventory | 5.9 |
| Closed sales, August 2026 | 9 (2 in August 2025) |
| Median sale price, August 2026 | $10,556,000 (9 sales) |
| Median days on market | 111 |
| Median percent of list price received | 89% |
| Closed sales, Jan 1 - Aug 31, 2026 | 76 (54 a year earlier) |
| Median sale price year to date | $12,719,762 (76 sales) |
Condos and townhomes
| Active listings | 118 |
|---|---|
| Median list price | $1,324,500 |
| Median list price per sq ft | $919 |
| Asking medians run above sold medians when higher-priced homes take longer to sell; compare with the closed figures below. | |
| Under contract | 17 |
| Closed so far, September 1 - 5, 2026 | 1 |
| Months of inventory | 9.8 |
| Closed sales, August 2026 | 12 (9 in August 2025) |
| Median sale price, August 2026 | $800,000 (12 sales) |
| Median days on market | 108 |
| Median percent of list price received | 95% |
| Closed sales, Jan 1 - Aug 31, 2026 | 203 (138 a year earlier) |
| Median sale price year to date | $1,687,500 (203 sales) |
Based on information from BeachesMLS for August 2026 and for January 1, 2026 through August 31, 2026, retrieved September 5, 2026. Information deemed reliable but not guaranteed.
More about living in Palm Beach
Questions about Palm Beach
What is the median price of single-family homes in Palm Beach?
In August 2026, 9 single-family homes sold in Palm Beach, Florida at a median closing price of $10,556,000. Across Jan 1 - Aug 31, 2026, 76 single-family homes sold at a median of $12,719,762, or $3,196 per square foot.
How many single-family homes are for sale in Palm Beach?
There are 53 single-family homes for sale in Palm Beach, Florida, at a median asking price of $13,900,000. Another 9 are under contract. At the current rate of sale that is about 5.9 months of supply (six months is the conventional dividing line between a buyer's and a seller's market).
How long does it take to sell a single-family home in Palm Beach?
Single-family homes sold in Palm Beach, Florida over Jan 1 - Aug 31, 2026 took a median of 88 days to go under contract, and sold at a median of 91% of the last asking price.
What is the median price of condos and townhomes in Palm Beach?
In August 2026, 12 condos and townhomes sold in Palm Beach, Florida at a median closing price of $800,000. Across Jan 1 - Aug 31, 2026, 203 condos and townhomes sold at a median of $1,687,500, or $1,091 per square foot.
How many condos and townhomes are for sale in Palm Beach?
There are 118 condos and townhomes for sale in Palm Beach, Florida, at a median asking price of $1,324,500. Another 17 are under contract. At the current rate of sale that is about 9.8 months of supply (six months is the conventional dividing line between a buyer's and a seller's market).
How long does it take to sell a condo or townhome in Palm Beach?
Condos and townhomes sold in Palm Beach, Florida over Jan 1 - Aug 31, 2026 took a median of 90 days to go under contract, and sold at a median of 93% of the last asking price.
Figures from BeachesMLS, last updated September 5, 2026.
Own a home in Palm Beach?
Tell us about the property. Gia Freer prepares a written opinion of value from the same BeachesMLS data behind this page, and tells you what she would need to see in person.
See what your Palm Beach home is worth
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See what your Palm Beach home is worth
Every home in Palm Beach is different, and no automated estimate reads a renovation, a view or a lot line. Tell us about the property and Gia Freer, our Broker of Record, will put together a written opinion of value from the same BeachesMLS data behind the figures on this page.