The townhouse and condo segment tells a different but equally compelling story. Closed sales rose 5.9% to 54 transactions, showing solid buyer interest. The median sale price came in at $402,750, reflecting a 6.3% dip from last year, which actually creates a real opening for value-focused buyers. Active inventory dropped sharply by 28% to just 216 units, and months supply fell to 4.6 months from 7.0 months a year ago. New listings held steady at 74 with no change year over year, while new pending sales nudged up 3.6% to 58.
Palm Beach Gardens is a market defined by momentum right now. Inventory is tightening across both property types, prices in the single-family segment are climbing aggressively, and buyer activity is accelerating. If you have been thinking about making a move, waiting could cost you.
Ready to navigate this market with confidence? Contact The Branham Group today and let our local expertise work for you.
