Palm Beach County Market Report

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Palm Beach County Market Report – August 2025

Momentum You Can Feel

We don’t always need to look at the numbers to know when the market shifts — you can feel it. The phones are ringing again, open houses are busy, and buyers are out shopping. That said, this isn’t an “easy” market. Buyers are highly price-sensitive, demanding more than ever, and sellers are having to work harder to stand out.

The Bigger Picture – Florida & Palm Beach County

 Statewide, July’s numbers (reported in August) showed sales down across much of Florida. The first quarter of 2025 started strong — especially January and February — but the second quarter fell off sharply, bringing the year back into balance.

Here in Palm Beach County, the story is nuanced:

  • Cash Sales Are Down: More buyers are financing, which means appraisals and insurance approvals matter. The “4-point inspection” — HVAC, plumbing, electric, and roof — is now front and center, especially since older roofs limit the buyer pool without cash buyers dominating.
  • Inventory Is Elevated: Supply levels remain higher than pre-pandemic, giving buyers choices and putting pressure on sellers.
  • Prices & Timing: Both average and median sales prices are down. Time to contract and time to close are up significantly.

A Silver Lining

The good news: in Palm Beach County, inventory came down in every price point we work in.

  • Homes priced up to $1,000,000 are edging toward a balanced market (not there yet but headed in the right direction)
  • Luxury real estate remains a buyer’s market — but even here, inventory declined compared to July.

What This Means for Sellers

  • Expect a longer sales cycle and longer listing agreements.
  • Competition is fierce — pricing and presentation are everything.
  • Old roofs and deferred maintenance are no longer just cosmetic issues; they affect financing and limit the buyer pool.

Our Approach

We know this market requires a “game on” strategy. As a team, we’re:

  • Hosting open houses every weekend.
  • Making properties available nights, weekends — whenever buyers want to see them.
  • Investing heavily in marketing: professional videos, boosted ads targeted out-of-state, mailings, print media and strategic exposure to maximize visibility.

The market has picked up, but success isn’t automatic. It requires persistence, creativity, and precision in pricing — and that’s where the right partnership makes all the difference.

Curious about what this market means for you? Whether you’re considering selling now or just wondering about the current value of your home, give us a call. We’re here to provide clarity, strategy, and results.