MEDIAN SALE PRICE
$690K
▲ 11.3% YoY
MEDIAN $/SF
$269
▼ 1.1% YTD
ACTIVE INVENTORY
84
for sale
SOLD VS. ORIGINAL ASK
95.6%
NEW98.3% of final list
DAYS TO CONTRACT
51
NEW93 to close
MARKET PULSE
0.26
Buyer's market
Price cuts (trailing 30d): 34 · 40.5% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
westlake
BUYER'S ADVANTAGE
Today 0.26 · Palm Beach County 0.25
MARKET SUMMARY · 12 MONTHS
| Median sale price | $690K | |
| Median $/SF | $269 | |
| Median days on market | 93 | |
| Total sales (12mo) | 170 | |
| New listings (12mo) | 281 | |
| Sold ÷ original ask NEW | 95.6% | |
| Sold ÷ final list price NEW | 98.3% | |
| Sold below original ask NEW | 86% | |
| Median days to contract NEW | 51 | |
| Median days to close NEW | 93 | |
| How buyers paid NEW | 31% cash · 68% fin. · 2% n/d | |
| Months of supply | — | 5.9 |
| Sale-to-just-value | — | 1.24× |
| Owner-occupied | — | 79.9% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $700K | 20 | 12 | BUILDING 1.7:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW51
days, listing → contract
34
days, contract → closing
93
days, listing → closing
| Condos & townhomes · 13 | 24 days to contract · 76 to close · 98.9% of original ask |
| Single-family · 157 | 57 days to contract · 97 to close · 95.4% of original ask |
How long homes took to go under contract
Medians of 170 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW31%
cash share of disclosed sales
Financing reported on 98% of sales (167 of 170).
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. 170 closed sales of homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
79.9%
Owner-occupied (homestead)
1.24×
Sale-to-just-value ratio
55.7%
Homes sold, 10-yr
-1.1%
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
| Cresswind Palm Beach | $777K |
| Orchards Of Westlake | $700K |
| Pines Of Westlake | $695K |
| Sky Cove | $585K |
FASTEST SELLING · DOM
| Pines Of Westlake | 36 |
| Orchards Of Westlake | 64 |
| Cresswind Palm Beach | 74 |
| Sky Cove | 85 |
NBHDS PERFORMANCE · $/SF
| Cresswind Palm Beach | $351 |
| Pines Of Westlake | $288 |
| Sky Cove | $270 |
| Orchards Of Westlake | $250 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$4,200/mo
Median asking rent
33
Active rentals
12
New listings (30d)
49
Median days on market
Browse all condo buildings A–Z → · Monthly market report for Westlake → · Palm Beach County market →
MARKET NARRATIVE
The for-sale market in Westlake, Palm Beach County, is carrying 84 active listings this week at a median list price of $701,245. Fresh supply arrived over the past month — 20 new listings — against 22 pending sales, putting the market pulse at 0.26, a buyer's market. Homes are taking a median of 93 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 · WESTLAKE
How much do homes cost in Westlake?
The median sale price in Westlake is $690K over the trailing 90 days, and the median list price is $701,245.
Is Westlake a buyer's or seller's market?
Westlake is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.26; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Westlake?
There are 84 active for-sale listings in Westlake as of snapshot 2026-W45, updated weekly.
How long do homes take to sell in Westlake?
Homes in Westlake spend a median of 93 days on market.
What is the price per square foot in Westlake?
The median list price per square foot in Westlake is $269.
What share of Westlake homes are owner-occupied?
About 79.9% of homes in Westlake are owner-occupied (homestead), per public property records.
How often do homes sell in Westlake?
About 55.7% of homes in Westlake have changed hands over the past decade — roughly 5.6% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Westlake?
Homeownership in Westlake skews long-term: only about 56% of homes had a qualified sale in the past decade, so roughly 44% of owners have held 10+ years, per public deed records.
Are home prices in Westlake rising or falling?
The median sale price in Westlake is $690K, up 11.3% year over year and the median price per square foot is down 2.2%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Westlake have?
Westlake has about 5.9 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.