MEDIAN SALE PRICE
$615K
▼ 2.4% YoY
MEDIAN $/SF
$286
▼ 2.8% YTD
ACTIVE INVENTORY
114
for sale
DAYS ON MARKET
85
▼ 26 days YoY
MONTHS OF SUPPLY
7.3
active ÷ 12mo sales pace
MARKET PULSE
0.26
Buyer's market
Price cuts (trailing 30d): 32 · 28.1% 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 0.23
MARKET SUMMARY · 12 MONTHS
| Median sale price | $615K | |
| Median $/SF | $286 | |
| Median days on market | 85 | |
| Total sales (12mo) | 14 | |
| New listings (12mo) | 22 | |
| Sold ÷ list price | 98.9% | |
| Sold below list | 71% | |
| Sale-to-just-value | — | 1.24× |
| Owner-occupied | — | 79.9% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $1–2M | $1.15M | 2 | — | BUILDING |
| Under $1M | $738K | 17 | 8 | BUILDING 2.1:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
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
-2.8%
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 | $824K |
| Orchards Of Westlake | $699K |
| Sky Cove | $580K |
FASTEST SELLING · DOM
| Sky Cove | 77 |
| Cresswind Palm Beach | 126 |
| Orchards Of Westlake | 164 |
NBHDS PERFORMANCE · $/SF
| Cresswind Palm Beach | $348 |
| Sky Cove | $270 |
| Orchards Of Westlake | $250 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$3,995/mo
Median asking rent
41
Active rentals
16
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 114 active listings this week at a median list price of $779,950. Fresh supply arrived over the past month — 19 new listings — against 30 pending sales, putting the market pulse at 0.26, a buyer's market. Homes are taking a median of 103 days on market. For context, Palm Beach County runs at a 0.23 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 $615K over the trailing 90 days, and the median list price is $779,950.
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 114 active for-sale listings in Westlake as of snapshot 2026-W39, updated weekly.
How long do homes take to sell in Westlake?
Homes in Westlake spend a median of 85 days on market.
What is the price per square foot in Westlake?
The median list price per square foot in Westlake is $286.
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 $615K, down 2.4% year over year and the median price per square foot is down 0.7%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Westlake have?
Westlake has about 7.3 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-W39.