Palm Beach County Market Update

April 2025

The Palm Beach County real estate market in April 2025 showed signs of cooling, with slower buyer activity and growing inventory levels. While prices held relatively steady for single-family homes, both segments faced decreased pending sales, reflecting a more selective buyer pool.

Palm Beach County Single-Family Home

Closed Sales: 1,328 | Down 5.3% YoY
Median Sales Price: $645,000 | Down 0.8% YoY
Active Inventory: 6,503 | Up 30% YoY
Months Supply of Inventory: 5.9 months | Up from 4.4 last year
New Listings: 1,839 | Up 1.2% YoY
New Pending Sales: 1,336 | Down 9.6% YoY

The single-family market saw rising inventory and slower contract activity. Prices have stayed relatively resilient despite buyer pullback, suggesting stable demand but greater pricing sensitivity.

Palm Beach County – Townhouses and Condos

Closed Sales: 998 | Down 14% YoY
Median Sales Price: $320,000 | Down 5.9% YoY
Active Inventory: 8,393 | Up 28% YoY
Months Supply of Inventory: 10.4 months | Up from 6.9 last year
New Listings: 1,678 | Down 5.8% YoY
New Pending Sales: 996 | Down 14% YoY

The townhouse and condo market is firmly in a buyer’s territory. With inventory surging and sales activity slipping, sellers are facing increased competition and pressure to price competitively.

In April 2025, Palm Beach County’s housing market cooled as sales declined and inventory climbed. Single-family home prices remained stable, while townhouse and condo prices fell. Fewer pending sales across both segments suggest buyers are taking a more cautious approach.

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Real Estate Market Update for Palm Beach County in April 2025

April 2025