Palm Beach Real Estate Momentum Continues After a $2.1 Billion Year
Palm Beach closed 2025 with a level of real estate activity that reinforces what we continue to see on the ground every day. Demand remains strong, pricing is holding at the upper end of the market, and buyer confidence continues to shape one of the most resilient luxury markets in the country.
According to year-end reports recently released by several leading brokerages and analyzed by Palm Beach Daily News, total single-family home sales on the island reached approximately $2.1 billion in 2025. That milestone places 2025 among only three years on record to surpass the $2 billion mark, alongside 2020 and 2022 during the height of the post-pandemic surge.
A Market Defined by Strength, Not Speculation
What makes this cycle different is stability. While the early 2020s were fueled by urgency and limited inventory, 2025 reflected measured, consistent momentum. Single-family dollar volume increased approximately 15 percent year over year, while fourth-quarter sales alone surged more than 40 percent compared to the same period in 2024.
We also saw strength in transaction volume. Fourth-quarter reports showed meaningful increases in both single-family and condominium sales, signaling that buyers are active across multiple segments of the Palm Beach market.
Market Snapshot
Below is a snapshot from the Douglas Elliman Q4 2025 Palm Beach Market Report, which visually captures the strength of both the single-family and condo markets heading into the new year.
This data highlights rising prices, strong absorption, and continued buyer engagement across property types.
The Elliman report also showed that the top 10 percent of single-family sales experienced a dramatic increase in median pricing, rising nearly 45 percent year over year. That confirms what we’ve been seeing firsthand. High-end buyers remain decisive and well-capitalized, particularly for properties that offer location, quality, and privacy.
Condos Continue to Play an Important Role
Condominium and co-op sales also increased, particularly on the South End of the island. While average prices moderated slightly town-wide, transaction volume rose, reflecting renewed confidence following building improvements, completed assessments, and greater financial transparency.
This shift aligns with our experience working with buyers who are now more comfortable evaluating buildings that have addressed long-term maintenance and structural planning.
What’s Driving the Demand
Several factors contributed to Palm Beach’s continued momentum:
- Improved financial market conditions for high-net-worth buyers
- Greater clarity around interest rates in the latter half of 2025
- Limited inventory at the upper end of the market
- Palm Beach’s continued appeal as a primary and secondary residence
As Douglas Elliman analyst Jonathan Miller noted in the year-end reporting, improving mortgage conditions and strong financial markets helped fuel activity across Florida’s luxury markets, with Palm Beach standing out as one of the most consistent performers.
Our Perspective at Scott Gordon Group
From our vantage point, Palm Beach is not experiencing a surge driven by speculation. It is benefiting from long-term demand, disciplined buyers, and properties that continue to hold global appeal.
While homes are taking slightly longer to sell compared to early 2024, pricing strength remains intact for properties that are well positioned and properly presented. Sellers who understand today’s market dynamics are achieving excellent results, while buyers are acting decisively when the right opportunity presents itself.
Looking Ahead
As we move further into 2026, Palm Beach real estate continues to show signs of durability rather than volatility. Whether you’re considering selling, buying, or simply monitoring the market, the fundamentals remain strong.
The Next Move Is Yours
If you would like to discuss how current market conditions may impact your property or your buying strategy, we are here to help guide you with clarity and confidence.
Scott Gordon
(561) 346-4141
Mindy Gordon
(561) 302-3133
Attribution
This blog was inspired by reporting from Darrell Hofheinz of the Palm Beach Daily News.
Read the full article here.
