The Palm Beach Gardens townhouse and condo market tells a similar story with its own unique character. Closed sales totaled 16, down 56% from a year ago, while the median sale price rose 12% to $465,000. Active inventory dropped sharply by 43% to just 159 units, and months supply of inventory fell to 3.7 months from 6.4 months last January. New listings increased a healthy 9.2% to 95 units, and new pending sales reached 35, down 13% from a year ago.
Palm Beach Gardens is showing the classic signs of a market in transition. Prices are rising, inventory is tightening, and buyers are approaching decisions thoughtfully. Whether you are looking for a single-family home or exploring the townhouse and condo market, timing and strategy matter more than ever right now.
Ready to make your move in Palm Beach Gardens? Contact The Branham Group today and let our local expertise guide you to your next chapter.