February 2026
West Palm Beach Market Update
The West Palm Beach real estate market in February 2026 is telling an interesting story. Sales are cooling, inventory is shifting, and prices are moving in different directions depending on what type of home you are looking for. Whether you are buying or selling, understanding what is happening right now can make all the difference.
West Palm Beach Single-Family Home
The single-family home market saw 44 closed sales in February, which is down 36% from a year ago. Despite the slowdown in transactions, the median sale price climbed to $694,500, up 12% from last year, showing that demand for well-priced homes remains strong. Active inventory came in at 334 homes, down 27% from a year ago, while months supply of inventory sits at 5.1 months, improved from 6.6 months last year. New listings reached 113, a slight dip of 2.6%, and new pending sales totaled 71, down 21% from the same time last year.
West Palm Beach Townhouses and Condos
The townhouse and condo side of the market is navigating its own set of dynamics. Closed sales landed at 39 in February, down 26% from a year ago, and the median sale price dipped to $395,000, a 4.1% decrease year over year. Active inventory for townhouse and condo properties stands at 427, down a significant 45% from last year, with months supply at 7.3 months, a notable improvement from the 11.9 months recorded a year ago. New listings totaled 104, down 34%, and new pending sales came in at 54, reflecting a 27% decline from last February.
West Palm Beach is in a period of transition, with tighter inventory and shifting buyer activity reshaping the landscape for both property types. Prices in the single-family sector remain resilient, while the townhouse and condo market is finding its footing.
If you are ready to make a move in West Palm Beach, The Branham Group is here to guide you every step of the way. Reach out today to get started.
