Palm Beach County market reports

What the numbers mean, what they hide, and what is actually happening in the communities I work in.

Current market snapshot

This section is waiting on live data. It is built to hold the current month figures for Palm Beach County: median sale price, months of supply, average days on market and the sale to list price ratio, with the same four figures for the 55+ segment specifically.

I would rather leave it empty than publish a number I cannot source. Once we connect a monthly data feed or you send the figures, they drop straight in here and the page carries a dated, citable snapshot every month.

How to read a market report without fooling yourself

Almost every headline you will read about the Florida market is technically true and practically useless, because it describes an average across a county where a waterfront estate and a two bedroom villa are both one sale.

These are the four numbers worth your attention, and what each one actually tells you.

MetricWhat it measuresWhat it tells a buyerWhat it tells a seller
Months of supplyHow long it would take to sell every active listing at the current pace of salesUnder about 4 months, expect competition and little room to negotiate. Over about 7, you have leverageThe single best predictor of whether your price will hold
Median sale priceThe middle sale, so half sold for more and half for lessMore honest than the average, which one estate sale can distort badlyCompare against the same month last year, never against last month
Days on marketHow long the typical home takes to go under contractRising days on market means sellers are getting more realisticTells you how long your carrying costs run before a contract
Sale to list ratioWhat homes actually close at, as a percentage of the asking priceUnder 100 percent means offers below asking are landingThe most direct measure of whether asking prices are credible

Interpretation guidance, not current data. The thresholds given for months of supply are conventional rules of thumb, not guarantees.

Why the county number will not tell you what your home is worth

Palm Beach County is not one market. In the same month, an all ages luxury community in west Boca can be seeing multiple offers while a 55+ community six miles away has inventory sitting for ninety days, because the buyer pools are completely different and one of them is far more sensitive to interest rates and to the cost of insurance.

Within a single 55+ community the split can be just as wide. A renovated home with a newer roof and impact windows and a home that has not been touched since 2006 are, in practice, two different products at two different prices, and averaging them produces a number that describes neither.

So the useful report is never the county one. It is the last twelve months of closed sales inside your community, filtered to homes genuinely comparable to yours. That is a report I will run for you at no cost and with no obligation.

Questions I get asked most

How often is this page updated?

The snapshot section is built to carry a dated figure each month. The guidance on how to read the numbers is evergreen and is reviewed a few times a year.

Can I get a report for my specific community?

Yes, and it is more useful than anything on this page. Tell me the community and I will send the last twelve months of closed sales, what is under contract right now, and what is sitting unsold and why.

Is now a good time to buy or sell?

That depends on your timeline far more than on the market. A seller who must close in sixty days and a seller who can wait a year are in genuinely different markets on the same day. Tell me your constraints and I will give you a straight answer, including when that answer is wait.

Where does the data come from?

Closed sales data comes from the MLS, which is the most complete record of what homes actually sold for. Public portal estimates are modelled guesses, and in communities with few sales a month they can be wrong by a wide margin.

Get a report for your community

Tell me which community you own in or are shopping, and I will send the last twelve months of closed sales, current inventory and an honest read on where prices are going. No cost, no obligation.

Boca Bridges Lead Capture

Market guidance on this page is general and is not an appraisal or a valuation of any specific property. Market conditions change continuously. Nothing here is a forecast or a guarantee of future prices.