July 2025
North Palm Beach Market Update
The North Palm Beach housing market in July 2025 revealed clear contrasts between single-family homes and the townhouse/condo sector. While home sales activity saw growth, median prices and pending contracts moved differently, highlighting the way buyers and sellers are adjusting to inventory levels and pricing shifts.
North Palm Beach Single-Family Home
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Closed Sales: 14, up 40% from last year, signaling stronger activity.
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Median Sales Price: $922,500, down 44%, reflecting more mid-range properties selling compared to higher-priced homes last year.
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Active Inventory: 36, up 24%, giving buyers more choices.
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Months’ Supply of Inventory: 4.1 months, compared to 3.4 months a year ago, suggesting a more balanced market.
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New Listings: 12, up 33%, adding fresh options to the market.
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New Pending Sales: 8, down 38%, indicating softer buyer demand despite stronger closed sales.
The surge in sales alongside a steep decline in median price points to a shift toward more affordable single-family options, while buyer hesitancy is seen in the drop in pending contracts.
North Palm Beach Townhouses and Condos
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Closed Sales: 14, down 30% from last year.
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Median Sales Price: $352,500, down 24%, suggesting pressure on pricing.
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Active Inventory: 158, up 22%, expanding buyer choices.
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Months’ Supply of Inventory: 10.4 months, a sharp rise from 6.1 months, firmly leaning toward a buyer’s market.
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New Listings: 22, up 10%, adding to supply.
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New Pending Sales: 14, down 26%, showing slower absorption of available units.
The townhouse/condo segment faces slower demand, with higher inventory levels and declining prices indicating that sellers may need to adjust expectations to attract buyers.
