February 2025
Palm Beach County Market Update
The Palm Beach County housing market in February 2025 reflected mixed trends across single-family homes and townhouse/condo properties. While prices continued to climb, closed sales and new contracts showed signs of cooling as inventory levels increased.
Palm Beach County Single-Family Home
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Closed Sales: 1,009 (down 1.7% YoY)
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Median Sales Price: $647,000 (up 5.2% YoY)
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Active Inventory: 6,292 (up 24% YoY)
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Months Supply of Inventory: 5.7 months (up from 4.4 months YoY)
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New Listings: 1,874 (down 0.2% YoY)
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New Pending Sales: 1,372 (down 4.6% YoY)
The single-family home market in Palm Beach County continued to see steady price growth in February, with the median sales price rising over 5% year-over-year. However, closed sales slowed slightly, and fewer new contracts were signed. Inventory expanded, offering buyers more selection and contributing to a balanced market with a 5.7-month supply of homes.
