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Real Estate Market Update for North Palm Beach in October 2025

Real Estate Market Update for North Palm Beach in October 2025

October 2025

North Palm Beach Market Update

The North Palm Beach housing market in October 2025 reveals shifting patterns across both single-family homes and the townhouse/condo sector. Inventory levels continue to rise, buyer activity is adjusting, and pricing trends highlight a market leaning toward more balanced conditions.

North Palm Beach Single-Family Home

North Palm Beach saw meaningful market movement in October 2025 as sales activity eased while supply continued to expand.

  • Closed sales fell 20% year-over-year to 8 transactions, reflecting a slower pace of completed deals.

  • The median sales price dipped 3.6% to $707,500, signaling slight softening on the pricing side.

  • Active inventory climbed 32% to 41 homes, giving buyers more options and contributing to a more measured environment.

  • Months’ supply increased from 3.4 a year ago to 5.1 months, pushing the market closer to equilibrium.

  • New listing activity accelerated, with 15 new listings—up 50% year-over-year.

  • New pending sales declined 13% to 7, showing reduced buyer commitments compared to last year.

North Palm Beach Townhouses and Condos 

The townhouse and condo segment experienced its own distinct trendlines, emphasizing rising supply and selective buyer demand.

  • Closed sales decreased 6.7% to 14.

  • The median sales price surged 43% to $417,500, marking substantial upward movement compared to last year.

  • Active inventory rose 22% to 175 units, adding more choices for buyers in this category.

  • Months’ supply expanded significantly from 7.6 months to 11.5 months, indicating a slower-moving, inventory-heavy environment.

  • Seller activity strengthened with 41 new listings—up 58% year-over-year.

  • New pending sales increased 29% to 18, showing that buyer activity remains steady despite higher inventory.

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