Market analysis · July 2026
Palm Beach County housing market
Single-family tightening, condos balanced, and the strongest luxury growth on the Treasure Coast corridor.
Florida, July 2026
| Measure | Figure | Change and period |
|---|---|---|
| Median sale price, single-family | $425,000 | +3.7% year over year |
| Median sale price, condo and townhouse | $295,000 | unchanged year over year |
| Closed sales, single-family | 23,870 | +5.1% year over year |
| Closed sales, condo and townhouse | 8,194 | +11% year over year |
| Months' supply, single-family | 4.5 months | no change figure published |
| Months' supply, condo and townhouse | 7.8 months | no change figure published |
| 30-year fixed mortgage rate | 6.76% | no change figure published week ending 10 Sept. 2026 |
One thing that is widely reported and is not what this data shows
The common claim: Florida condo inventory has surged because of the post-Surfside reserve requirements.
What these figures show: In July 2026, condo active inventory fell year over year in every South Florida county in this register. Condo weakness appears in median price, days to contract and months of supply, not in a rise in listings.
A driver that is documented and dated: Fannie Mae and Freddie Mac eliminated the limited review option for many condo loans on 3 Aug. 2026, and many existing Miami condominium buildings lack FHA approval.
Palm Beach County housing market, July 2026
Single-family tightening, condos balanced, and the strongest luxury growth on the Treasure Coast corridor.
Association MLS data. These figures come from the Realtor association that reports this county, which is the strongest public source available for it.
| Measure | Figure | Change and period |
|---|---|---|
| Median sale price, single-family | $660,090 | +7.64% year over year July 2026 |
| Median sale price, condo and townhouse | $312,500 | +3.99% year over year July 2026 |
| Closed sales, all property types | 2,250 | +15% year over year July 2026 |
| Closed sales, single-family | 1,336 | +12.74% year over year July 2026 |
| Closed sales, condo and townhouse | 914 | +18.55% year over year July 2026 |
| Sales at $1 million and above | 445 | +36.5% year over year July 2026 |
| Median days to contract, single-family | 41 days | 5 days faster year over year July 2026 |
| Median days to contract, condo and townhouse | 69 days | 1 day faster year over year July 2026 |
| Active inventory, single-family | 4,590 | -23.32% year over year July 2026 |
| Active inventory, condo and townhouse | 5,853 | -19.26% year over year July 2026 |
| Months' supply, single-family | 3.7 months | no change figure published July 2026 The reporting association characterises this as a seller's market. |
| Months' supply, condo and townhouse | 6.7 months | no change figure published July 2026 The reporting association characterises this as balanced. |
| Percent of original list price, single-family | 95% | no change figure published July 2026 |
| Percent of original list price, condo and townhouse | 92% | no change figure published July 2026 |
| Cash sales as a share of closings | 47.7% | no change figure published July 2026 Condo 57.2%, single-family 41.2%. |
Insurance
| Measure | Figure | Change and period |
|---|---|---|
| Average homeowners insurance premium | $6,323 | no change figure published as of 31 Mar. 2026 Including wind. $3,175 excluding wind. The highest average homeowners premium of the counties in this register. |
| Average condo unit-owner insurance premium | $2,311 | no change figure published as of 31 Mar. 2026 Condo unit-owner, including wind. $1,703 excluding wind. |
What the analysts say
South Florida is seeing strong wage growth driven by net job migration in higher-paying jobs like professional/tech services, health care, and finance, and tech jobs. The widening gap in tax policy is driving an acceleration in migration from high-tax states.
The last couple of months of data give us hope that it's not just mortgage rates that have been driving demand in Florida, but also pent-up demand from buyers who no longer wish to sit out waiting for affordability in the Sunshine State to return to 2019 levels.
What this page does not report
These figures could not be sourced for Palm Beach County from a citable public source for July 2026, so they are not published here rather than estimated:
- New listings and new pending sales are not reported at county level in the cited release; they are in the member-gated Florida Realtors county report.
Works Cited
- “Fla.'s Housing Market: Closed Sales and New Pending Sales Rise in July.” Florida Realtors, 17 Aug. 2026, www.floridarealtors.org/newsroom/flas-housing-market-closed-sales-and-new-pending-sales-rise-july. Accessed 10 Sept. 2026.
- Umpierre, Chris. “Palm Beach County Total Home Sales Surge for 11th Consecutive Month.” MIAMI REALTORS® + RWorld, 17 Aug. 2026, www.miamirealtors.com/2026/08/17/palm-beach-county-total-home-sales-surge-for-11th-consecutive-month/. Accessed 10 Sept. 2026.
- Yaworsky, Michael. “Property Insurance Stability Report.” Florida Office of Insurance Regulation, 1 July 2026, floir.gov/docs-sf/default-source/property-and-casualty/stability-unit-reports/july-2026-isu-report.pdf. Accessed 10 Sept. 2026. Premium figures in this report are stated as of 31 Mar. 2026.
Figures describe July 2026 and were compiled on 2026-09-10. Florida Realtors releases August 2026 county data on 16 September 2026. Market data is historical reporting, not a forecast, and nothing here is a prediction about what any individual property will sell for. Jacob Campbell is a Florida real estate sales associate and is not an attorney, CPA, lender, appraiser, home inspector or insurance agent.
Working in Palm Beach County
This is a county I work in directly. If you want these figures applied to a specific street, price band or building rather than the county as a whole, that is a conversation worth having — the county median is the least useful number in any of these tables for an actual decision.