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South Palm Beach

67 active listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$297K

▼ 16.1% YoY

MEDIAN $/SF

$269

▼ 9.3% YTD

ACTIVE INVENTORY

67

for sale

SOLD VS. ORIGINAL ASK

90.5%

NEW94.0% of final list

DAYS TO CONTRACT

77

NEW120 to close

MARKET PULSE

0.13

Buyer's market

Price cuts (trailing 30d): 12 · 17.9% of active · maturing to a full 30-day share

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$890K$566K$243K$306KNovJan '26MarMayJulSep

MARKET PULSE

south-palm-beach

Buyer'smarket Seller'smarket 01.0 0.13

BUYER'S ADVANTAGE

Today 0.13 · Palm Beach County 0.25

MARKET SUMMARY · 12 MONTHS

Median sale price$297K
Median $/SF$269
Median days on market117
Total sales (12mo)83
New listings (12mo)148
Sold ÷ original ask NEW90.5%
Sold ÷ final list price NEW94.0%
Sold below original ask NEW90%
Median days to contract NEW77
Median days to close NEW120
How buyers paid NEW70% cash · 28% fin. · 2% n/d
Months of supply—9.7
Sale-to-just-value—1.21×
Owner-occupied—35.1%

TIER HEALTH · NEW VS. ABSORBED

TIERMEDIANNEWABS.BALANCE
Under $1M$449K910BALANCED

Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.

TIME TO SELL · LISTING TO CLOSING

NEW
Listed · day 0Under contract · day 77Closed · day 120

77

days, listing → contract

31

days, contract → closing

120

days, listing → closing

Condos & townhomes · 8377 days to contract · 120 to close · 90.5% of original ask

How long homes took to go under contract

0–30 days18% · 15
31–90 days37% · 31
91–180 days22% · 18
181+ days23% · 19

Medians of 83 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 70% · 58 salesFinanced 28% · 23 salesNot disclosed 2% · 2 sales
Condos & townhomes · 8370% · 28% · 2%

72%

cash share of disclosed sales

MayJunJulAugSepOct

Financing reported on 98% of sales (81 of 83).

Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 83 closed sales of homes, Nov 2025 – Oct 2026.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

35.1%

Owner-occupied (homestead)

1.21×

Sale-to-just-value ratio

51.8%

Homes sold, 10-yr

-9.3%

Appreciation YTD · $/SF CLOSED SALES

Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.

TOP NBHDS · MEDIAN PRICE

No sub-markets with data yet

FASTEST SELLING · DOM

No sub-markets with days-on-market yet

NBHDS PERFORMANCE · $/SF

No sub-markets with $/SF yet

RENTAL MARKET for-lease · separate from the for-sale figures above

$5,900/mo

Median asking rent

43

Active rentals

10

New listings (30d)

59

Median days on market

MARKET NARRATIVE

The for-sale market in South Palm Beach, Palm Beach County, is carrying 67 active listings this week at a median list price of $499,000. Fresh supply arrived over the past month — 10 new listings — against 9 pending sales, putting the market pulse at 0.13, a buyer's market. Homes are taking a median of 117 days on market. For context, Palm Beach County runs at a 0.25 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · SOUTH PALM BEACH

How much do homes cost in South Palm Beach?

The median sale price in South Palm Beach is $297K over the trailing 90 days, and the median list price is $499,000.

Is South Palm Beach a buyer's or seller's market?

South Palm Beach is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.13; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in South Palm Beach?

There are 67 active for-sale listings in South Palm Beach as of snapshot 2026-W45, updated weekly.

How long do homes take to sell in South Palm Beach?

Homes in South Palm Beach spend a median of 117 days on market.

What is the price per square foot in South Palm Beach?

The median list price per square foot in South Palm Beach is $269.

What share of South Palm Beach homes are owner-occupied?

About 35.1% of homes in South Palm Beach are owner-occupied (homestead), per public property records.

How often do homes sell in South Palm Beach?

About 51.8% of homes in South Palm Beach have changed hands over the past decade — roughly 5.2% per year — based on qualified arm's-length sales in public deed records.

How long do homeowners typically own in South Palm Beach?

Homeownership in South Palm Beach skews long-term: only about 52% of homes had a qualified sale in the past decade, so roughly 48% of owners have held 10+ years, per public deed records.

Are home prices in South Palm Beach rising or falling?

The median sale price in South Palm Beach is $297K, down 16.1% year over year and the median price per square foot is down 18.0%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does South Palm Beach have?

South Palm Beach has about 9.7 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.

Every figure above appears elsewhere on this page · snapshot 2026-W45.