ANDRES JARA · REAL ESTATE

33408 North Palm Beach Condo Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, ZIP 33408 has 321 active listings at a median list price of $825K ($496 per sqft). 436 homes closed in the past 12 months at a median sold price of $673K, implying 8.8 months of supply. Homes here sell for about 93.6% of list price.

Condos sold for a median 91.1% of their original asking price (94.7% of the final list price), went under contract in a median 81 days and closed in 120. 72% of buyers paid cash, 25% financed and 3% did not disclose.

Based on MLS closed sales. Data current as of November 15, 2026.

How fast condos sell

Condos here sold for a median 91.1% of their original asking price (94.7% of the final list price), went under contract in a median 81 days and closed in 120.

81 days
median, listing → contract
29 days
median, contract → closing
120 days
median, listing → closing
% of original ask91.1%
% of final list price94.7%

91% of condos (279 of 306) sold below their original asking price. Based on 307 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 299 buyers whose financing was recorded, 74% paid cash. Across all 307 sales of condos: 72% cash, 25% financed and 3% not disclosed.

Cash72.0%221 sales
Financed (mortgage or other loan)25.4%78 sales
Not disclosed2.6%8 sales
74%
cash share of disclosed sales
97%
of sales reported how the buyer paid

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. From the MLS financing field on 307 closed sales, Nov 2025 – Oct 2026.

For Sale in ZIP 33408

320 condos currently for sale · $155,000 – $165,000,000.

ZIP 33408For Sale320 for sale · $155,000 – $165,000,000
320
Homes for Sale
$155K
From
$165M
Up to
321
Active Listings
$825K
Median List Price
$496
Median $/SqFt
8.8
Months of Supply
$673K ▲ 24.3%
Median Sold (12mo)
436
Closed Sales
last 12 months
91.1%
Sold ÷ Original Ask
median, last 12 months
81
Days to Contract
median · 120 days to close
72%
Paid Cash
25% financed · 3% not disclosed

ZIP 33408 closed sales, monthly

We track every closed sale in ZIP 33408 — 436 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.

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Buyer’s Market8.8 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Trades at a 18% premium to the North Palm Beach average ($496 vs $420 per sqft, above market).

Median $/SqFt

ZIP 33408 · 3,249 closed sales
Median price per square foot over time$545$401$2562020-112021-112022-112023-112024-112025-112026-11

Live market analytics for 33408 →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose PostalCode is 33408. A ZIP boundary is a postal route, not a municipal border.
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=436 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.