July 2025
West Palm Beach Market Update
The West Palm Beach housing market in July 2025 reflected mixed conditions, with sales activity softening for single-family homes while townhouse and condo transactions saw growth. Inventory levels continued climbing across both segments, signaling more balance between buyers and sellers.
West Palm Beach Single-Family Home
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Closed Sales: 59, down 31% year-over-year.
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Median Sales Price: $485,000, down 14%.
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Active Inventory: 426, up 17%.
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Months’ Supply of Inventory: 6.6 months, rising from 5.1 months last year.
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New Listings: 95, up 9.2%.
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New Pending Sales: 63, down 4.5%.
Buyer activity slowed significantly in the single-family sector, leading to fewer closed sales and price declines. Inventory growth and higher months of supply point toward a market that favors buyers, with increased options and more negotiating power.
West Palm Beach Townhouses and Condos
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Closed Sales: 71, up 22% year-over-year.
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Median Sales Price: $290,000, up 1.8%.
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Active Inventory: 668, an increase of 5.4%.
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Months’ Supply of Inventory: 11.4 months, up from 8.3 months last year.
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New Listings: 127, up 10%.
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New Pending Sales: 58, down 28%.
Townhouse and condo sales strengthened, and pricing held steady with modest gains. However, the sharp rise in months’ supply and dip in pending sales indicate that while demand remains, elevated inventory is slowing contract activity.
