Market Overview
These key statistics provide a snapshot of current market activity in North Palm Beach and Palm Beach Gardens, helping buyers and sellers better understand today's waterfront market.
What Buyers and Sellers Should Know
Near-Balanced Overall
With 5.5 months of inventory, the North Palm Beach and Palm Beach Gardens waterfront market remains generally near balanced. Buyers have options, while well-priced and well-presented homes continue to attract attention.
Strongest Activity Under $3M
The under-$3M segment leads the market, with 13 closings over the past six months and just 1.4 months of supply. Inventory is exceptionally tight, making this the most active and supply-constrained price range in the market.
More Choice Above $6M
Buyers have more room to negotiate in the higher price ranges. The $6M-$10M segment has 8.4 months of supply and a 77.5-day median time on market, giving buyers more selection and time to evaluate their options. The $10M+ segment has 24.0 months of supply, with no pending or contingent listings in the supplied data.
Pricing Still Matters
The median closed sale price is $5,100,000, compared with a $7,370,000 median active list price. With an overall 90.6% sale-to-list ratio, realistic pricing, strong presentation, and proper positioning remain important for sellers looking to stand out and get to the closing table.
Get a closer look at current market trends, pricing, inventory, and recent sales in North Palm Beach and Palm Beach Gardens. The full report provides additional insights to help buyers, sellers, and homeowners better understand today's waterfront market.