Palm Beach County Market Report – October 2025

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Florida & Palm Beach County Market Update – October 2025

WOW — what a month!

Florida real estate came alive, marking only the third month in 2025 where closed sales increased statewide. Buyers are clearly responding to lower mortgage rates and growing confidence that further rate cuts may be coming.

Condo sales were a standout — up year-over-year for the first time all year — signaling renewed momentum across the state.

New pending sales also climbed, showing that activity is not just present closings but future contracts as well. Inventory dipped slightly, not because new listings surged, but because pending contracts absorbed available homes. In short: the market is moving again.

Palm Beach County Snapshot

Palm Beach County mirrored the statewide uptick, with closed sales up significantly year-over-year and cash transactions up more than 30%.

While the median sales price held steady, the average price increased, indicating that more higher-end homes moved in September.

Overall, everything was UP — activity, showings, offers, and energy. We’re fully in season, and Palm Beach County is buzzing.

Months of Inventory by Price Point

Price Range Inventory + New Listings Closed Sales Months of Inventory Market Type
$400K–$599K 1,584 365 4.3 Balanced
$600K–$999K 1,928 322 6.0 Balanced
$1M+ 2,476 281 8.8 Slight Buyer’s Market

(Inventory + new listings ÷ closed sales)

This shows a healthy, balanced market in most segments. The $1M+ category continues to lean slightly toward buyers, but even that market is showing more movement than earlier in the year.

The Bottom Line

The market is busy — listings, showings, and offers are all up. Inventory levels remain higher than in the frenzied years of 2021–2023, but that’s a good thing: it’s giving buyers choices and sellers confidence.

Palm Beach County is entering a more sustainable, balanced phase — one where well-prepared homes are selling, and well-informed buyers are finally finding opportunities again.