Palm Beach Real Estate is Heating Up This Winter
By Scott & Mindy Gordon | Scott Gordon Group at Douglas Elliman
As we step into the 2025–2026 season here in Palm Beach, one thing is already clear: it’s going to be a busy winter in real estate. At the Scott Gordon Group, we’ve seen firsthand the energy returning to the market earlier than expected, and the buzz is only getting louder.
From high-profile buyers circling Palm Beach to a tighter-than-ever housing inventory, there are several key factors driving what we anticipate will be one of the most active seasons in recent memory.
Why the Surge in Demand?
1. Economic Confidence and Favorable Tax Climate
Wealthy buyers continue to be drawn to Florida’s tax-friendly environment, especially after the extension of the 2017 federal tax cuts. A bullish Wall Street has also kept high-net-worth individuals looking for strategic real estate investments—and for many, Palm Beach is at the top of that list.
2. Limited Inventory is Fueling Competition
Despite steady buyer interest, inventory on the island remains tight. As of early October, only about 75 single-family homes were listed for sale—a mere fraction of the island’s total housing. Well-priced properties in prime locations are receiving multiple offers, and homes in top condition are moving quickly.
3. A Lifestyle That’s Hard to Match
Palm Beach’s timeless appeal—its natural beauty, elegant architecture, and secure, exclusive community—continues to attract a discerning clientele. More young families and affluent buyers are choosing to make Palm Beach their primary or year-round residence, contributing to sustained demand.
A Closer Look at the Market Segments
Single-Family Homes
Buyers are especially active in the single-family home segment, where demand consistently outpaces supply. Homes priced accurately and in desirable areas—such as the North End or South End—are being snapped up quickly.
A recent example: a four-bedroom property on Everglade Avenue listed at $20.5 million received multiple bids and is already under contract.
Condominium Comeback on the South End
The South End condo market, long challenged by post-Surfside regulations and rising insurance costs, is now showing signs of recovery. Many buildings have made significant improvements, and buyers now have greater confidence knowing what assessments are on the horizon.
While competition remains from new ultraluxury towers outside the island, Palm Beach’s 33480 ZIP code continues to carry unmatched prestige.
As Scott recently noted in an interview with the Palm Beach Daily News:
“The buyer has more of a comfort level that the improvements have been made and the buildings are in better financial shape. We’ve had enough transactions over the past 12 months to recalibrate prices and value.”
While competition remains from new ultraluxury towers outside the island, Palm Beach’s 33480 ZIP code continues to carry unmatched prestige.
National & Global Trends with Local Impact
Palm Beach’s global profile is higher than ever, bolstered by its high-powered residents, elite events, and of course, its role as a seasonal destination for global figures—including President Trump, who is reopening Mar-a-Lago this season.
Interestingly, uncertainty in other markets—such as political shifts in New York City—is pushing some high-net-worth individuals to consider Palm Beach as a second or even third home option.
What to Expect This Season
Increased Buyer Activity – Fueled by both economic confidence and FOMO (“fear of missing out”), buyers are already touring properties earlier than usual this year.
Seller’s Market for Quality Listings – For now, demand continues to outweigh supply, especially for move-in-ready homes and renovated condos.
Condo Market Stabilization – As buildings complete repairs and meet new standards, buyer confidence is increasing.
Limited Rental Inventory – High-end seasonal rentals are scarce and commanding top dollar, with prices ranging from $15,000 to $150,000 per month.
The Next Move Is Yours
At the Scott Gordon Group, we’ve guided clients through every market cycle over the past 40 years. Today, Palm Beach real estate remains as vibrant—and competitive—as ever. If you're considering buying, selling, or investing this season, now is the time to strategize and act decisively.
Whether you’re searching for the perfect oceanfront condo, a South End escape, or a move-in ready estate, we're here to guide you every step of the way.
If you are planning to buy or sell, or simply want to learn more about the luxury real estate market in Palm Beach, contact Scott or Mindy today.
Scott Gordon
Email: [email protected]
Phone: (561) 346-4141
Mindy Gordon
Email: [email protected]
Phone: (561) 302-3133
Inspired by insights from Darrell Hofheinz, Palm Beach Daily News.
