NBNicholas BergDouglas Elliman Real Estate
Palm Beach County waterfront and residential skyline

Palm Beach County market update

June 2026
across the county.

Sales accelerated and active inventory declined, but detached homes and condominiums continued to offer very different negotiating environments.

More transactions, less supply, and no single countywide market.

Palm Beach County recorded its tenth consecutive month of year-over-year sales growth in June. Total home sales rose 22.3%, while active listings finished the month 21% below the prior year. That is a meaningful combination: more deals closed even as buyers had fewer active choices.

The headline still needs segmentation. Single-family inventory measured 3.9 months, while condominium inventory measured 7.2 months. A detached home in a scarce neighborhood and a condo in a building with competing listings should not be approached with the same offer, pricing, or timing strategy.

Demand met a smaller active inventory.

June 2026 closed-sales and active-listing data reported by MIAMI REALTORS® + RWorld.

+22.3%

Total home sales

Year over year in June 2026

2,456

Residential closings

Up from 2,008 one year earlier

10,998

Active listings

Down 21% year over year

49.5%

Cash-sale share

Across county closings

How to read the acceleration

Rising transaction volume is evidence of market activity, not proof that every seller can name a price. Countywide homes received a median 95% of original list price in the single-family segment and 93% in the condo segment. Buyers remained active while still distinguishing between properly positioned inventory and overreaching asking prices.

Cash represented nearly half of all closings. Financing terms, appraisal planning, and a well-organized offer therefore remain important even when a buyer is not competing against many bidders.

The house market and condo market are telling different stories.

Single-family sales increased 24.85% year over year, and active house inventory declined 23.6%. Condominium sales increased 18.64%, while active condo inventory declined 18.96%. Both segments gained transactions, but the available months of supply remained much higher for condominiums.

Within either category, the relevant market becomes more specific: community, price band, waterfront or golf exposure, building age, renovation quality, association finances, insurance, and seller motivation. County statistics are the opening context—not a substitute for a competitive set.

Explore local markets

Price and supply moved on separate tracks.

Median closed prices and months of supply for existing Palm Beach County homes in June 2026.

$700K

Single-family median

Up 11.82% year over year

$325K

Condominium median

Up 3.17% year over year

3.9

Months of house supply

Tighter detached-home conditions

7.2

Months of condo supply

A more balanced countywide segment

Single-family contract time42 days

Median time from listing to contract, even with June 2025.

Condo contract time68 days

Up from 61 days one year earlier.

Million-dollar sales+57%

575 county closings at $1 million and above.

Use the broad market to sharpen the local plan.

For buyers

  • Separate single-family and condo conditions before using a countywide statistic to frame an offer.
  • Compare the complete ownership cost: price, insurance, taxes, association or club obligations, reserves, and near-term work.
  • Prepare financing and appraisal strategy early in a market where 49.5% of June closings were cash.
Buyer representation

For sellers

  • Stronger county sales reward preparation, but they do not erase the discount attached to deferred work or unclear records.
  • Price against the property's true competitive set rather than the county median or an aspirational active listing.
  • Organize permits, improvements, insurance, roof and system records, and association documents before launch.
Seller representation

A county snapshot, read with local context.

Figures are June 2026 Palm Beach County statistics released by MIAMI REALTORS® + RWorld using MIAMI MLS and BeachesMLS data. Median price is the midpoint of closed sales and can move when the mix of properties sold changes.

New construction, pre-construction, and many condo-conversion transactions are not fully represented in the reported MLS totals. Property-specific decisions should use current comparables and applicable association, insurance, inspection, and financing information.

Market data may be revised and does not establish the value of an individual property. Information is believed reliable but is not guaranteed.

Local strategy, not just statistics

What do these numbers mean for your move?

Translate the countywide data into a property-specific buying or selling plan.

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